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Worries concerning the depreciation of the RMB in order to boost Chinese exports may be unfounded. China's export competitiveness will deteriorate no matter what Beijing does to the currency.
The current tension between Japan and China is as much about national pride as it is about potential natural resources.
The U.S.-China Security Perceptions Project has released its first report on U.S. public and elite attitudes. Future project reports will also include data from surveys of Chinese public and elites, and will assess the policy implications of these survey results.
While prices of hard commodities have dropped substantially from their peaks, there is continued reason to be bearish due to the combination of rising supply, dropping demand, and excessive inventory.
In recent decades, the world has witnessed an unprecedented degree of engagement between United States and China. More active cooperation between the two largest economies in Asia-Pacific will be crucial for both regional and global development.
Although China's government seems serious about rebalancing the country's economy away from its over-reliance on investment, historical precedents suggest that this will be very difficult.
Lower growth figures in China reflect a dual economic transition, both from coastal to interior growth and from external to domestic demand. Fiscal and private sector reforms can support this structural rebalancing.
A lower growth expectation for China does not imply a gloomy picture. Rather, significantly reduced economic growth is a necessary consequence of China's much-needed rebalancing.
Redefining relations with China will require economic coordination with Europe, as France opens to Chinese investment while demanding more regulation and transparency from Beijing.
China urgently needs to rebalance its economy, but the exchange rate is only one of the mechanisms, and not even the most important, that will determine the price of Chinese goods abroad.