That is why in China's case, depreciating the renminbi will not boost growth. It will simply reduce further the household share of GDP which, in turn, will further reduce the already-low consumption share in favor of more savings.
A partial “decoupling” of U.S. and Chinese technology ecosystems is well underway. Without a clear strategy, Washington risks doing too little or—more likely—too much to curb technological interdependence.
A trend in twenty-first century politics is the rise of populist and authoritarian leaders, including in so-called democratic countries. From reassurance to intimidation, the world's strongmen share many characteristics and tactics.
As Russia’s war in Ukraine unfolds, India’s national interests have so far dictated a position of formal neutrality. Here are the factors New Delhi faces in balancing its foreign policy priorities.
No single bill or innovative policy will be enough to ensure the United States maintains its edge in technology. If China’s trajectory teaches American leaders anything, it is that stimulating technological innovation can be a messy, muddled, and often contradictory process.
Washington’s decision to voluntarily refrain from destructive, direct-ascent anti-satellite weapons tests opens new pathways to promoting norms of responsible behavior in space.
But criticism comes in all shades and nuances. The case of China is unique. Its media supports Russia’s entire case for the "special military operation" and even relays Russian propaganda and fake news.
Both Russia and China have evolved a form of personalistic authoritarianism that gives untrammeled authority to a single individual at the top. There are very few checks on that individual’s power, and no easy way of the system reversing course in the face of evident failure.
The Chinese had the problem of reconciling fundamentally irreconcilable interests: their desire for a partnership with Russia, their desire not to be collateral damage in the U.S. and European sanctions and these longstanding principles of sovereignty and territorial integrity
Based on a comprehensive review of publicly available sources, this paper examines China’s mainstream thinking and general practice on arms control verification.