Debt is rising more quickly in the United States than most people would prefer. This is happening in part because the U.S. current account deficit and the country’s high level of income inequality distort the structure and amount of American savings.
January 2019 marks the fortieth anniversary of the normalization of relations between the People’s Republic of China and the United States. Four Carnegie scholars—two American and two Chinese—assess the relationship today.
2019 is a year full of ambiguities for the Chinese economy, mainly due to two reasons.
Sheila A. Smith and Masahiro Kawai will join two panels of experts from academia, business, and the media to consider a broad range of political, economic, security, and societal issues likely to impact Japan and the U.S.-Japan alliance in the year ahead.
Analysts are increasingly skeptical that China’s very high reported GDP growth rate provides a meaningful picture of the economy’s health. There are, however, at least three very different ways that reported GDP can fail to reflect the underlying economy.
In the Balkans, just outside the EU, China is enjoying a different experience. Serbia claims to have become one of China’s best friends in Europe.
Trump is fixated on the United States’ bilateral trade deficit with China, but the United States–China impasse comes from much deeper differences in perceptions.
Both the United States and Japan take pride in their robust scientific research communities’ contributions. However, both governments are challenged to rethink their approaches to science and technology policy and set agendas that encourage innovation toward solving big social problems.
As Washington waits to see what Beijing has to offer and Beijing waits to see what Washington wants, a prolonged stalemate is a more likely outcome.
Portugal has found a way to grant China a fast-track lane toward Europe with a little shiny gold, as it now occupies a central role in China’s European geoeconomic strategy.