The U.S.-China relationship has long been a mix of cooperation and competition. The core challenge for policymakers is to balance these two elements by encouraging the first and managing the second.
China’s leaders remain committed to strengthening the country’s capital market so as to internationalize the renminbi and enhance Chinese influence on the international financial system.
While the recent stock market crash seems unlikely to prompt wider economic fallout, it has undermined the confidence and credibility of Chinese leaders.
Long-standing U.S. strategic objectives in the Pacific and Xi Jinping’s proposal of mutual respect for core interests shape current U.S.-China relations.
China’s growing economic, political, and military power is redefining the country’s international role and changing its relationships with neighboring Asian countries and the United States.
China must improve its monitoring of petcoke, an alternative fuel source, in order to successfully address the country’s air pollution challenges.
A shared commitment to building a multipolar international order in which emerging countries have greater influence is drawing Chinese and Russian leaders closer together.
Washington must be prepared to act decisively if nuclear talks with Iran fail, while the potential that NATO may adopt a more flexible nuclear posture toward Russia has broad security implications.
China has the capacity to fulfill Russian needs for technology, capital, and markets, but Beijing remains wary of Russia’s faltering economy.
China’s price cut on natural gas reflects the drop in oil prices, as the country’s energy sector continues to go through transition.