China’s growth miracle has already run out of steam. It is only by allowing debt to surge that the country is able to meet its GDP targets.
Given the importance of artificial intelligence (AI) in the coming years, India must keep a wary eye on Chinese developments in this field, and develop its own strategic vision of how AI technologies can be harnessed to advance its interests.
The risk of an inadvertent nuclear war is rising because of the entanglement of non-nuclear weapons with nuclear weapons and their command-and-control capabilities.
The potential for the United States and China to have conflict over trade and foreign investment is now greater, not because of differences in political systems and cultural norms, but because of commonalities in Trump’s and Xi’s personal aspirations.
At the 19th Party Congress, Xi Jinping explained how China will move to the center to the world stage through modernization. Yet how Xi defines the roles of the state and the market remains unclear.
Conventional wisdom about China is misguided and fails to account for its unique growth and development history.
China has a unique economy where both state and market play an important role. Western observers often misunderstand issues such as China’s growth model, debt problems, and potential housing bubbles.
As Europe becomes a preferred playing field for Chinese foreign direct investment, leaders of bloc nations have been drawn into a debate on the creation of a long-anticipated screening mechanism.
It is imperative that the United States not abandon international development out of the mistaken sense that it is removed from America’s core economic, political, and security interests.
China’s increasingly sophisticated approach to managing and mitigating multiple forms of investment risk shows that its economic role around the world will evolve and perhaps become more conservative over time. Headline pledges of billions of dollars in project finance don’t tell the whole story.