Moving beyond decades of hostility, Chinese and Japanese leaders are starting a new trend of goodwill between the two countries. This new attitude includes a move towards cooperating on issues such as climate change and security in Korean peninsula, writes Sheila Smith.
The White House and Congress are currently working on an economic stimulus package to boost the U.S. economy. In this Bloomberg article, Amity Shlaes looks at short-term economic measures in a historical context and argues that tinkering with the economy may not be the best idea.
President George W. Bush should challenge his Japanese counterpart to launch a joint initiative to create a U.S.-Japan “open marketplace”--free of tariffs, with minimal regulatory impediments, and an increasing freedom to do business--by the year 2010, argues Bruce Stokes in A New Beginning: Recasting the U.S.-Japan Economic Relationship.
During the twentieth century, as the United States grew into a world power, Americans confronted two major powers in Asia: China and Japan. Of course, there were and are other crucial factors in Asia, from the expansionist former Soviet Union to the unpredictable North Korea. But in this century, Americans struggled most of all to get their China and Japan policies right. There is no reason to believe that Chinese and Japanese issues will be less central to U.S. policy in the twenty-first century.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.