China, United States Committed To A New Relationshsip

China and the United States will increase comprehensive exchanges, as the countries commit to building a new type of power relationship, the presidents of the world’s two largest economies said. After the first meeting of their two-day summit, President Xi Jinping and US counterpart, Barack Obama, stressed the importance of the countries’ ties in a globalized […]

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How Beijing Sees Abe’s Return

An Xinhua editorial that also appeared in the U.S. edition of the China Daily asserts that the impending premiership of Japan’s Shinzo Abe would “destabilize” East Asia. Yet the piece in reality makes a case for why Abe’s next term in office would be a good thing.  To quote from the article: “…Abe has called for an increase in Japan’s defense spending, easing constitutional […]

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New Waves Of Urbanization And Re-balancing Of Industries Will Sustain China’s Economic Growth, Argues Stephen S. Roach

Concern is growing that China’s economy could be headed for a hard landing. The Chinese stock market has fallen 20 percent over the past year, to levels last seen in 2009. Continued softness in recent data – from purchasing managers’ sentiment and industrial output to retail sales and exports – has heightened the anxiety. Long […]

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