China’s 2020 trade surplus increased by a quarter over the previous year and foreign reserves have hit a near-five-year high. For the whole of 2020, GDP grew 2.3 per cent, much better than the 4 per cent to 10 per cent declines for the US and euro-zone economies.
A U.S.-Taiwan trade pact would be welcome, but laying the groundwork will take time, and the two sides risk losing momentum. Several other shovel-ready economic initiatives could be ready sooner and shouldn’t be delayed.
It should, but it won’t. The EU’s post-pandemic recovery fund will help the union’s economies get off the ground. But as for integrating Europe’s foreign, security, and digitization policies, the political will and strategic ambition are absent.
Many West African political elites send their children to boarding schools and universities abroad, especially in the UK. Yet some appear to be using unexplained wealth to pay for it, creating thorny anticorruption challenges for educators, policymakers, and law enforcement.
A recent study on U.S.-China trade concludes that Trump’s trade policies cost the U.S. economy nearly a quarter million jobs. But its obsolete understanding of trade flows ends up pointing trade policymakers in the wrong direction.
Nonresident Scholar Geoeconomics and Strategy Program
Rozlyn C. Engel is a nonresident scholar in the Geoeconomics and Strategy Program at the Carnegie Endowment for International Peace, where she focuses on global macroeconomic risks, U.S. economic policy (foreign and domestic), and questions facing the economic intelligence community.
Adebahr is a nonresident fellow at Carnegie Europe. His research focuses on foreign and security policy, in particular regarding Iran and the Persian Gulf, on European and transatlantic affairs, and on citizens’ engagement.
Harvey V. Fineberg Chair for Democracy Studies Senior Vice President for Studies
Thomas Carothers is senior vice president for studies at the Carnegie Endowment for International Peace. He is a leading authority on international support for democracy, human rights, governance, the rule of law, and civil society.
Evan A. Feigenbaum is vice president for studies at the Carnegie Endowment for International Peace, where he oversees research in Washington, Beijing and New Delhi on a dynamic region encompassing both East Asia and South Asia.
Maurice R. Greenberg Director’s Chair Carnegie–Tsinghua Center for Global Policy
Paul Haenle holds the Maurice R. Greenberg Director’s Chair at the Carnegie–Tsinghua Center based at Tsinghua University in Beijing, China. Haenle served as the director for China, Taiwan, and Mongolia Affairs on the National Security Council staffs of former presidents George W. Bush and Barack Obama prior to joining Carnegie.
Nonresident Scholar Malcolm H. Kerr Carnegie Middle East Center
Kheder Khaddour is a nonresident scholar at the Malcolm H. Kerr Carnegie Middle East Center in Beirut. His research centers on civil military relations and local identities in the Levant, with a focus on Syria.
Deputy Director Carnegie–Tsinghua Center for Global Policy
Tang Xiaoyang is a resident scholar and the deputy director of the Carnegie–Tsinghua Center for Global Policy and an associate professor in the Department of International Relations at Tsinghua University. His research interests include political philosophy, China’s modernization process, and China’s engagement in Africa.