Finally, The Second Kid in China

China is finally dropping its one-child policy for around one-third of the population: couples that are urban and Han Chinese in which one parent is an only child. (Couples that are rural, non-Han, or where both parents were only children were already allowed to have two kids.) The policy will remain in force only for […]

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China’s Tryst With The Arctic

China is the largest consumer and importer of energy resources in the world but its vast geographical distance from the Arctic limits Beijing’s opportunity – at least in contrast to Arctic Council members (Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the U.S.) – to set the agenda and form a strategy for taking advantage […]

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Cheap China

As hundreds of thousands of Filipinos struggled to find food, water, shelter and the bodies of loved ones in the wake of Typhoon Haiyan, China quickly dipped into its world-leading $3.7 trillion of currency reserves and came up with … all of $100,000, William Pesak writes. Read Here – Bloomberg

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The Changing Calculus

In recent weeks, China has signed nearly $100 billion in energy contracts to increase Chinese access to the abundant petroleum resources of Central Asia. A major advantage of obtaining oil from Siberia and Central Asia is that it could travel to China overland—and thus beyond the reach of U.S. naval power. Read Here – The […]

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Let’s Buy America

Shuanghui International’s $7.1 billion purchase of US pork giant Smithfield was a US milestone for many reasons. Not only was it the biggest investment ever by a Chinese company, it also was proof that the US government could make impartial decisions about Chinese investment. And it meant that 70,000 US workers are now in the employ of […]

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A Different Middle Class

The middle class in China remains an essential part of the state from which it has emerged and is not very likely to be the Chinese equivalent of the European or North American bourgeoisie with whom it is often equated. Read Here – Christian Science Monitor

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Who Should Laugh At Whom?

By most accounts, the past few weeks have exposed a drastic maturity gap between the U.S. and Chinese governments. The purported icon of democracy watched its system descend into chaos and petty political gamesmanship, coming within hours of a default that would have sparked global economic disorder. Read Here – Bloomberg

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