China

Must Read

Brookings: The Chinese Financial System: An Introduction and Overview

Authors: Douglas Elliott and Kai Yan

"Many analysts believe that the financial system represents a major vulnerability for China's economic development, whereas others, equally respected, think that the financial system is adapting effectively to China's more developed status and will continue to provide the necessary fuel for the rest of the economy."

See more in China; Economics

Foreign Affairs Article

Mutual Assured Production

Author: Richard Katz

Tensions between China and Japan are rising, but an economic version of mutual deterrence is preserving the uneasy status quo. Put simply, China needs to buy Japanese products as much as Japan needs to sell them.

See more in China; Japan; Trade

Foreign Affairs Article

Fake It Till You Make It

Authors: Kal Raustiala and Christopher Sprigman

Given that Chinese counterfeiting has benefits as well as costs, and considering China's historical resistance to Western pressure, trying to push China to change its approach to intellectual property law is not worth the political and diplomatic capital the United States is spending on it.

See more in China; Intellectual Property

Article

Holding Sway

Author: Jerome A. Cohen
South China Morning Post

Jerome A. Cohen says the Communist Party's sustained efforts since June 4 to influence China's courts for its own ends may be easing, but judicial independence is still a long way off.

See more in China; International Law

Ask CFR Experts

What are the costs and benefits of China's relationship with North Korea?

Asked by Garrett Smith, from Stanford University

Chinese officials see stability on the Korean peninsula under the Korean Armistice as a component that has enabled China's growth for over three decades. Despite a growing difference between the economic systems of China and North Korea, China's communist party leadership feels an affinity with North Korea because its government, like China's, pursues one-party leadership under a socialist banner.

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See more in China; North Korea; Foreign Aid

Primary Sources

United States and China Agreement on Hydrofluorocarbons (HFCs) Consumption and Production, June 2013

U.S. President Barack Obama and Chinese President Xi Jinping met in California June 7-8, 2013. Based on the Montreal Protocol findings regarding ozone layer-depleting emissions, they issued this agreement to reduce the production and consumption of HFCs, to address one aspect of climate change. In 2014, the United States and China committed to additional carbon emissions reductions.

See more in China; Pollution; United States

Article

China’s Environmental Future: The Power of the People

Author: Elizabeth C. Economy
McKinsey Quarterly

The costs of China's deep and enduring environmental crisis are growing, yet Beijing's response to the country's environmental challenges has been far from sufficient. Increasingly, the Chinese people are pushing the government to do more to protect the environment, and Beijing must rise to the occasion, says Elizabeth Economy.

See more in China; Energy and Environment; Environmental Policy; Politics and Strategy