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The new administration should think carefully before moving forward with recent proposals about China and the U.S. role in Asia.
With time and the need to accumulate achievements, policy issues will depend less on personalities, though the president’s personality will remain important, than on working with enduring realities.
President-elect Trump will most likely be the single most important source of tensions—and potentially conflicts—between Beijing and Washington in the next four years.
China’s place in the East Asian production chain distorts trade data to make it seem like the country responsible for the U.S. trade deficit. This is not the case.
Rather than fall into despondency, Europeans should see the presidency of Donald Trump as a salutary shock. Finally there is real urgency for Europe to get its act together.
The likelihood of North Korean nuclear and missile tests over the next six months is fairly high if the Trump administration continues the Obama administration’s unsuccessful approach of “strategic patience.”
As China continues to grow, reform, invest abroad, and integrate with the global financial system, it is almost inevitable that one day the RMB will rival the U.S. dollar and the Euro as a global reserve currency. But that day is still far away.
Despite India’s insistence that it shares a political bond with China, the global interests of the two countries are actually very different.
A wise course of policy for the United States, China, and Taiwan would be to focus on what can be done to maintain the high quality status quo than challenge the fundamental values of each other.
Singles’ Day and its staggering sales numbers stand out not just in economic terms but as an expression of China’s emerging urban culture.