China and Japan, the world’s second- and third-biggest economies, indicated support forEurope’s new rescue fund as they pushed for quick implementation of measures to solve the region’s crisis. China will “cooperate” with the European Stability Mechanism, a permanent 500 billion-euro ($648 billion) fund that started this week, People’s Bank of China Deputy Governor Yi Gang said […]
Just 40 years ago, as my family and I were completing a very pleasant and productive academic year in Japan, we had our first opportunity to visit China. We had been waiting to do so for more than a decade. For me, the highlight of the visit was a four-hour dinner conversation with Prime Minister […]
In its annual appraisal of the Chinese military published last week, the U.S. Department of Defense seems to be describing an object it finds both familiar and mysterious. The report certainly answers many of the important issues concerning China‘s military, including its attempts to develop an anti-ship ballistic missile and its continuing fixation on Taiwan. Read […]
It’s a rare afternoon in the Chinese capital when smog hasn’t blocked the skies, and one of China‘s most famous economists is in a sanguine mood. The economy is in trouble as the Communist Party heads for a once-in-a-decade transfer of power while prosecuting its former golden boy, Bo Xilai, on criminal charges. Worried investors […]
A hard landing in China could expose a large number of countries to unforeseen consequences and dash hopes of a global recovery. China’s plight also drives the final nail into the coffin of the once fashionable theory of “decoupling”, which argued for an autonomous economic sphere around China that could soar even as the US […]
The current trade dispute between the United States and China isn’t the first and won’t be the last. This one involves auto parts. Earlier it was solar panels. Before that: rare earth minerals. Next it will be something else. All of these disputes will be resolved in due course. They are important for many reasons. […]
SINGAPORE — The bitter dispute between China and Japan over their rival claims to ownership of the Senkaku Islands in the East China Sea has severely strained bilateral political relations. Mishandling or mistakes by either side could trigger a clash between their paramilitary ships, drawing in regular forces and leading to a wider war. As […]
You hear it routinely during congressional events involving defense issues, when a defense secretary wants to protect his budget (or his legacy), and when candidate Barack Obama or hisoperatives defend the administration’s national security record: The American armed forces are “the best in the world.” It has become such an unremarkable bit of conventional wisdom that the comment is usually prologue to some […]
As the 2012 presidential election draws near, it is clear that American voters will face a stark choice on issues ranging from a woman’s right to choose to the future of America’s social safety net. Differences over foreign policy, in particular, have recently taken on renewed significance. In his speech at the Democratic National Convention, […]
To those who met them in Japanese-occupied Manchukuo in 1935, the Swiss businessman Charles Emile Martin and his American partner, Cy Oggins, must have seemed an enigmatic pair. Oggins was a distinguished-looking man with craggy features, well-made suits, and a penchant for silver-topped walking sticks. He seemed to know a great deal about Oriental antiquities, […]
