Channeling Deng Xiaoping

With his trip to Shenzhen and other places in southern China, Xi Jinping, the new leader of China’s Communist Party, has all but declared himself to be a reformer in the vein of Deng Xiaoping. Chinese politics is always full of signs, symbols, and suggestions.  After a year characterized by a confusing mix of “signs […]

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Immigration and American Power

The United States is a nation of immigrants. Except for a small number of Native Americans, everyone is originally from somewhere else, and even recent immigrants can rise to top economic and political roles. President Franklin Roosevelt once famously addressed the Daughters of the American Revolution – a group that prided itself on the early […]

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Clash of the Balance Sheets

China and the United States are on a collision course — over accounting. Last week, the U.S. Securities and Exchange Commission (SEC) charged the Chinese affiliates of the world’s top five accounting firms with violating securities laws for refusing to hand over information on suspect Chinese companies to investigators. The move is the latest, most dramatic step […]

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Preventing Politics in Egypt

From the moment when Hosni Mubarak fell from power in February 2011, few issues have proved more divisive in Egyptian politics than the writing of a new constitution. Now, even though the formal process is theoretically coming to an end, the battle over the constitution is drawing the country dangerously close to an all-out civil […]

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Berlusconi Revival Puts EU Leaders In Tight Spot

Not again! Just 13 months ago, European heads of state and government joined forces to usher Italian premier Silvio Berlusconi into retirement. Chancellor Angela Merkel and then-French President Nicolas Sarkozy marshalled all of their persuasive powers to clear they way for a reform government in Rome under the leadership of Mario Monti. Now, with Prime […]

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China Is The World’s Next Rust Belt

Six cities in Liaoning province, including Shenyang and Anshan, recently announced they are converting abandoned industrial sites to farmland.  Dongguan, once a booming factory center, is on the verge of bankruptcy as companies close, leaving the local government severely cash-strapped. Just two years after China overtookthe U.S. to become the world’s largest manufacturer, the country faces the […]

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Sino-Indian Ties Border On The Amicable

New dynamics are emerging in the crucial Sino-Indian relationship. The two Asian giants are developing deeper global cooperation, while at the same time remaining stuck in a pattern of regional rivalry. Their disputed border, India‘s involvement in the growing confrontation in the South China Sea, and the US “pivot” towards Asia steer the Sino-Indian dynamic […]

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