Authors: Nicholas Consonery, Evan A. Feigenbaum, Damien Ma, Michal Meidan, and Henry Hoyle Eurasia Group
Nicholas Consonery, Evan A. Feigenbaum, Damien Ma, Michael Meidan, and Henry Hoyle argue that China's capital-intensive, export-oriented growth model is delivering diminishing returns and threatens to become a major political vulnerability for the government, and China's leaders must overcome political restraints to implement a comprehensive and ambitious rebalancing agenda.
CFR's Director of Studies James Lindsay and Director of the International Institutions and CFR.org Editor Robert McMahon preview major world events in the week ahead.
In this week's podcast: Iowa Republicans cast their ballots in the Ames Straw poll; Vice President Joe Biden visits Asia; The trial of former Egyptian president Hosni Mubarak resumes in Cairo; Germany marks the 50th anniversary of the construction of the Berlin Wall.
The centre of international gravity is shifting toward East Asia, explains The Diplomat's Elbridge Colby. With China rising, Washington must focus its economic and security policies there, not the Middle East.
Sheila A. Smith says the short-term prognosis for Japan's electricity supply is uncertain, yet it is the longer term effort to reform energy policy that is vital to resolving the current impasse in Japan's nuclear debate.
Hackers have attacked America's defense establishment, as well as companies from Google to Morgan Stanley to security giant RSA, and fingers point to China as the culprit. Michael Joseph Gross gets an exclusive look at the raging cyber-war--Operation Aurora! Operation Shady rat!--and explains why Washington has been slow to fight back.
Jerome A. Cohen says the Chinese government's assurances for due process in its prosecution of Lai Changxing, the mastermind behind a smuggling and bribery scandal, are far from being 'strict, clear, and unequivocal.'
Evan A. Feigenbaum argues that while a rebalancing of China's economy will mean a more competitive and powerful China, it will also create new opportunities for those countries in Asia that get manufacturing and investment policies right.
In light of a recent slowdown in China's economic growth, a coterie of China commentators at the New York Times discusses the question of whether massive public spending is contributing to an incipient debt crisis.
Escalating hostilities between China and its neighbors over competing claims to the South China Sea is a test of China's growing strength and a diplomatic challenge for the United States, which insists that the waterway should be open, says CFR's Joshua Kurlantzick.
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