Economic power, like any tool, can have unfortunate results if wielded unwisely, producing unwanted short-term consequences and prompting the long-term decline of U.S. economic leadership. Today, Washington is increasingly using its economic power in aggressive and counterproductive ways, undermining its global position and thus its ability to act effectively in the future. Read Here – […]
President Xi Jinping paid homage to the past when he returned to where China’s economic miracle was born and nurtured. But his eyes were firmly focused on the present and the future. With immaculate timing, his trip to Guangdong this week conjured memories and images of Deng Xiaoping’s historic 1992 ‘Southern Tour’ after he had stepped down […]
Democrats and Republicans in the United States may be deeply divided on almost every aspect of President Donald Trump’s inconsistent foreign policy, but on one issue they are in unison: China’s US$1.1 trillion “Belt and Road Initiative” must be contained. Read Here – South China Morning Post
The biggest national security issues, however, arise from the unpredictable political impact of a recession in China. We learned this, or should have, during the 1997 to 1998 Asian crisis. China may have had a disguised recession or near recession in 1998, but it was in a much smaller economy. Apart from that one episode […]
Over the last couple of years, the China-policy debate in the US has begun to reflect more realism, with a growing number of voices recognizing China’s ambition to supplant its American benefactor as the leading global superpower. But is it too late to rein in America’s main geopolitical rival? Read Here – Project Syndicate
China’s economy grew at a slower quarterly pace than expected, expanding 6.5 per cent in the three months ended September, as the country’s trade war with the US exacted a toll on exporters and manufacturers. The quarterly growth pace lagged the 6.6 per cent expected in a Bloomberg poll of economists, and was slower than the […]
As the consensus in D.C. shifts toward taking on an increasingly aggressive China, ideas about how corporations relate to the state will also have to change—or else undermine their new stated national framework. Read Here – Foreign Policy
US Secretary of State Mike Pompeo’s visit to Beijing next week will be a chance to de-escalate tensions between the two sides that have spilled over from trade to security, and North Korea will also be a priority, according to analysts. Pompeo will go to Beijing on Monday after he travels to Tokyo, Pyongyang and Seoul. […]
Many people seem to believe that authoritarian rulers deliver better economic results. And yet, with the possible exception of China’s Xi Jinping, Asia’s autocrats, from India to the Philippines, are presiding over increasingly fragile states and even more vulnerable economies. Read Here – Project Syndicate
“A glass is easily broken, but difficult to repair,” Chinese Foreign Minister Wang Yi said last week in New York, in reference to the current state of China-US relations. But, even if present differences can ultimately be resolved, there’s no going back to how things were. The glass may not yet have shattered, but it is cracked. Read […]
