Carnegie Endowment for International Peace
- Follow Carnegie
- Search
- Global Resources
Global Centers
Languages
China’s indicators are a mess, but the fact that the data are flawed does not mean that they are deliberately manipulated to yield a particular outcome.
The probability is growing that a relatively minor incident in the proximity of an unimportant, remote and barren islet in the East China or South China seas could plunge Asia, and perhaps even the world, into another confrontation.
It is time for new and creative ways to deal with Asia’s strategic uncertainties.
U.S. Secretary of State John Kerry will attend several summits in Southeast Asia in a bid to ease regional tensions with China. However, expectations on any breakthrough should be tempered.
India and the United States need to develop need new lines of coordination that reflect the emerging institutional and political set-up in New Delhi.
It remains to be seen how Beijing will reconcile the contradictory policy imperatives of deepening positive relations with neighboring countries while more firmly advancing China’s territorial and resource interests and claims.
Though a correction is coming to China’s property market, the consequences will be more manageable than common sense might suggest.
The BRICS bank is good news for developing countries. If done right, it could change the landscape for multilateral development financing.
Whether shadow banking really is a danger or merely evidence of a maturing financial system depends on its magnitude and risk profile.
China, while a member of the Regional Comprehensive Economic Partnership, remains wary of the Trans-Pacific Partnership: it sees the TPP as an American effort to contain Chinese influence in the region.