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Rebalancing in China means by definition that the household consumption share of GDP must rise, and the only effective way to do this is by raising the household income share of GDP.
Indonesia—the fourth most populous nation on earth and the world’s largest Muslim country—is a vibrant, decentralized democracy that has enjoyed rapid and resilient economic growth.
While Beijing's current debt level is not unsustainable, it is difficult to argue that in recent years the level of debt has not risen at an unsustainable pace.
As tensions in the South China Sea increase, diplomats must try to lower temperatures and get all sides to implement confidence-building measures to ensure peace and stability in the region.
Slowing growth indicators could be a signal that China urgently needs economic rebalancing.
The dramatic economic progress Indonesia has made in recent decades is threatened by the risk of renewed protectionism.
China has staked its future on a growth model that will exacerbate volatility and increase the severity of a future downturn.
China seems to be heading toward a hard landing and Beijing, many Chinese and foreign experts warn, must cut interest rates drastically and expand credit, so saving itself and the world from disaster.
For China, slower growth can actually be a good thing if it’s part of the transition to a more sustainable path.
While the Trans-Pacific Partnership should be recognized and applauded for what it will be, it is problematic that the partnership does not include China, the world’s second-largest economy and largest exporter and manufacturer.