By relying on low-interest loans to catalyze economic growth, China’s growth model resembles that of a huge development bank. While this approach has been successful so far, it remains to be seen whether it can be sustained.
While China’s new aircraft carrier does not pose a major threat to U.S. forces or allies in the Western Pacific, the United States needs to take steps to communicate this message of reassurance to countries in the region.
As emerging economies increase in size, a multi-currency arrangement will likely replace the dollar as the bedrock of the international monetary system. For both the United States and the rest of the world, this is not necessarily bad news.
China’s rise has left its neighbours disconcerted about the role that China will play in the region and wondering whether the traditional East-Asian order and system with China at the fore will emerge once again.
The divergent views held by China and the United States on maritime security have recently been on display in the Yellow and South China seas and it remains unclear whether the maritime realm will become an arena of cooperation or conflict.
The Strategic and Economic Dialogue should be used by both China and the United States as a medium to facilitate energy and economic cooperation, overcome mounting mistrust that exists in both countries at public and government levels.
The current global system views multilateralism as the key to fostering new mutually beneficial relationships, improving current international relationships, and promoting peace.
Given upcoming leadership transitions and elections in both China and the United States, the increasing U.S. attention to the Asia-Pacific region, and China’s growing global presence, Hu Jintao's upcoming trip to Washington has particular significance for U.S.-China relations.
As China’s military modernization steadily advances, there are questions in Washington about Beijing’s ability to project power abroad and deter U.S. intervention in the Pacific—and whether that poses a threat to American interests
Open communication between the U.S. and Chinese governments and militaries can help overcome mutual distrust and create opportunities to tackle the world’s most critical problems, from the global economic crisis to stability on the Korean peninsula.