Carnegie Endowment for International Peace
The reforms necessary to rebalance China’s economy require the political resolve to reallocate resources and benefits from state elites to households.
The Third Plenum offers an opportunity to articulate a vision for shifting China’s economy to a more consumption-led growth model and to lay out the first steps toward accomplishing that vision.
The central issue to be addressed by the Third Plenum is the proper role of the state in China, including the organization of the state and the relations of the state to markets and to citizens.
Chinese and international delegations will aim to strike a balance at the Warsaw Climate Change Conference to help developing countries adapt to climate change without being hampered by the temporary economic crisis in developed countries
China’s heavy pollution is mainly a result of the country’s reliance on coal and heavy industry.
While Beijing has already made improvements in developing cleaner energy, the counry’s use of coal as its primary source of energy still poses a considerable challenge.
China’s coal-dependent economy, the overabundance of cars in Beijing, and the arid and windy climate are some of the chief causes of air pollution in Beijing, Tianjin, and Hebei.
Although the Chinese coal industry has been targeted as the country’s main source of pollution, traffic may well be the main cause of air pollution in Beijing.
Obama’s absence from the APEC meeting is a disappointment for U.S. partners in Asia, but Washington can recover its credibility in the region by rescheduling meetings and pushing forward on the Trans-Pacific Partnership.
The current state of the affairs between Russia and China is most positive in their history. This relationship is built primarily on an economic pragmatism.