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…
3 Reasons to Bet the Euro Deal Will Work
Global stock markets today are reflecting the many uncertainties that still surround the eurozone rescue package European Union leaders announced in Brussels late last week. It is not yet clear how some of the EU’s plans will be financed, and…
High Global Anxiety as Europe Still Has No Plan
Get ready for a tense week—yes, another one. If Europeans meet their own deadline, by the end of next weekend, when a summit of European Unionleaders is to convene in Brussels, we will see Europe’s proposed solution to its debt…
Behind Apple’s iPollution Problem in China
You could hardly ask for a company with a cleaner image and more conscientious corporate culture than Apple. But now the maker of the iPhone, iPad, and all the other “i’s” seems to be in hot water over pollution allegedly…
Europe: The Strings Attached to a Chinese Bailout
Will your children—or maybe even you—someday find it perfectly natural to put the household savings into the Chinese yuan because it is the world’s safest, steadiest currency? That thought would have been unimaginable even a few months ago. Now we…
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