Bilateral trade balances alone aren’t an accurate reflection of a country’s economic strength.
After five years of consolidating power, Xi Jinping will emerge stronger than ever before. For this year at least, Xi will play the role of global leader, and the world will be better for it.
Both China and the United States need to address shared problems such as moderating rising income disparities, designing effective regulatory systems, and promoting innovation.
China’s relationship with Africa is becoming increasingly more complex as the country continues to invest and send workers across 54 countries on the continent.
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.
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.
Singles’ Day and its staggering sales numbers stand out not just in economic terms but as an expression of China’s emerging urban culture.
China will be incentivized to adopt a growing leadership role in international trade and climate change negotiations in 2017 if the United States pursues more inward-looking policies under Trump.
The China-Pakistan Economic Corridor is solidifying relations between the two nations but the project faces multiple security and political challenges.