Apple is Making Computers In America Again. But The Future Of Manufacturing Is Not As Simple As A Return To U.S. Shores.

The news that several manufacturing giants are planning to bring some of their production back to the United States has dominated the headlines in recent months. Perhaps that’s because Americans see it as a bellwether of economic recovery, or perhaps it simply reflects their collective yearning for America’s past industrial dominance. Either way, the interest in these moves demonstrates the unique […]

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Xi Jinping’s Chinese Dream

Three weeks in, the new administration of Xi Jinping has already begun work on a major project that represents a sharp break from the Hu administration: spin. Xi’s speeches and appearances of the past month have drawn a sharp contrast with his predecessor’s studied lack of personality.  His public speeches as leader of the Party […]

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China State-Driven Rebound at Risk as Small Firms Suffer

China’s growth rebound, forecast to have gathered pace in November, is bypassing smaller businesses in a sign the government may need to step up policy support to secure a more broad-based recovery. Industrial production growth probably accelerated for a third month to 9.8 percent from a year earlier, while retail sales probably rose 14.6 percent, […]

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India’s Ocean

Is the Indian Navy about to start mixing it up with China on the high seas? For years, as the Chinese have modernized their naval fleet, Indian strategists have worried about what that might mean for India’s political and economic interests. A recent book by C. Raja Mohan, one of India’s most influential strategic thinkers, explores the […]

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Why China May No Longer Be America’s No. 1 Debt Buyer

You hear it all of the time. The problem is that the government is borrowing from China to fund our stupid spending programs, or popular subsidies, or tax cuts. Mitt Romney (remember him?), in a presidential debate, defined his criterion for deciding whether spending is worthwhile thusly: “Is the program so critical it’s worth borrowing from […]

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Caught Between Two Giants, Taiwan Anxiously Watches U.S. and Chinese Leadership

It was an interesting November for spectators on the island of Taiwan. Taiwan’s media has been paying close attention to the results of the U.S. presidential election and the recently-concluded 18th Congress of the Chinese Communist Party (CCP). Taiwan is awkwardly positioned between two giants, having close relations with the U.S. and an undetermined political […]

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The Dust Settles

LESS than a week after the biggest shuffle of China’s leaders in a decade, the prime-minister-in-waiting, Li Keqiang, set tongues wagging with a speech about the country’s economic development. A government news-agency gushed that if his words could be summed up in four syllables, they would be “reform, reform”; if in six, then “reform, reform, […]

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