Carnegie Endowment for International Peace
China’s global footprint has expanded exponentially in recent years, becoming a source of investment for countries around the world. But notably, many nations have struggled to grapple with the accompanying implications and political risks.
Wongi Choe, Chiew-Ping Hoo, Jagannath Panda, Andrew Yeo, and Kathryn Botto discuss South Korea’s relationship with Southeast Asia and India.
Beijing is pursuing alternative cross-border payments channels built upon central bank digital currencies as a way to erode the dominance of existing arrangements that rely heavily on the U.S. dollar and U.S.-regulated entities.
The impact of Evergrande has caused financial distress to spread faster and more forcefully than Beijing’s financial regulators expected, putting pressure on them to move quickly to stop the contagion. But they cannot rescue Evergrande’s creditors without also undermining their fight against bad debt.
Join us for a special two-day dialogue on security in the Indo-Pacific and island nations' perceptions of regional priorities and challenges.
The U.S.-China trade war hasn’t brought major economic wins to either country. For the United States, it may be time to focus on economic policy at home first.
The bezzle, a word coined in the 1950s by a Canadian-American economist, is the temporary gap between the perceived value of a portfolio of assets and its long-term economic value. Economies at times systematically create bezzle, unleashing substantial economic consequences that economists have rarely understood or discussed.
Unlike other major financial markets, Mainland China is home to many mixed conglomerates that control a range of large financial and non-financial firms.
Chinese-funded railway projects in the Brazilian Amazon were profoundly shaped by dynamic institutional learning on both sides and sharp public debates in Brazil about environmental sustainability.
The chaos in Chinese stock markets last week was exacerbated by foreign investors selling Chinese shares, leaving Beijing’s regulators scrambling to regain their confidence while they tried to stabilize domestic markets.