Three Global Hotspots that Can Damage the Recovery
Wories to the west of us, worries to the east. It is hardly the kind of August to encourage us to head for the beach and try to get through Proust for the 16th time. There are signs we are…
China’s ‘Command Economy’ Rebound Depends on Jobs
Western observers are more nervous about China’s economic slump than the Chinese seem to be. We have had a raft of first-half numbers from Beijing over the past week or so as Prime Minister Wen Jiabao toured several eastern and…
China Reboot: From Textiles and Tea to High Tech
The tea leaves have not yet settled in China after the ousting of Bo Xilai, a leading figure in the Chinese Communist Party and (until last week) a shoe-in candidate for a seat on the Politburo’s powerful standing committee. But…
Rare Earth Minerals: China’s Got ‘em, We Want More
President Obama’s move last week to pursue a WTO case against China, whatever the merits of the U.S. argument, is at the least badly timed and is possibly a mistake altogether. We are all for an amicable, equitable relationship with…
6 Ways to Avoid an Economic Implosion in China
“What if China Fails?” This was the headline on an essay in the Wilson Quarterly in August 2010. It is now 2012, and we are still seeing strong economic growth, although Beijing just slashed the target to 7.5 percent–an 8-year…
Sanctions: Will Iran Redouble Its Nuclear Efforts?
Iranian oil, American diplomacy, and Asian economic power combined last week to yield a highly unstable, potentially combustible cocktail. The American economy and the financial markets have much to be thankful for so far in 2012, particularly as we look…
Reengineering Defense: Good, but Not Good Enough
At last, Americans can now say, we have broken the habit of preparing for the last war. The strategic defense initiative President Obama unveiled late last week is every bit the departure from previous practice that Obama and Defense Secretary…
U.S.-China: Obama Foolishly Taunts the Dragon
The most striking outcome of President Obama’s busy crisscrossing of the Pacific last week is this: The U.S. is now going to station 2,500 Marines in Australia and develop (it hopes) a trade-enhancing organization called the Trans-Pacific Partnership, or TPP….
U.S. China Policy: A Snake with Three Heads
It’s dismaying to consider that the world’s largest economy may not know what it’s doing when faced with the planet’s No. 2 economy (and one of the fastest growing). But three of Washington’s most recent moves toward mainland China—the security…
Stealing America: China’s Busy Cyber-Spies
Economic and industrial spying by China appears to be more pervasive and egregious than ever, costing America billions of dollars each year, according to a new report by a U.S. government agency. And the report raises an important question: If…
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