China's reserves has shifted its dollar reserves from Treasuries to Agencies, and made increased use of offshore custodians. The available evidence suggests that it still holds about 50 percent of it…

The United States has benefited from the dollar’s dominance of global markets for decades. Washington should be wary of squandering those benefits through political infighting and reckless policymaki…

The post-Cold War era is over and a dangerous new era of great power competition has begun.

The inclusion of China in addition to North Korea as a shared security concern among the United States, South Korea, and Japan has established a new milestone for strengthened trilateral cooperation…

The U.S.-Japan-South Korea summit at Camp David reflects trilateral institutionalization. However, the real threat to effective trilateralism lies in the domestic political environments of the three …

Large increases in dollar reserves tend to come during periods of dollar weakness, not periods of dollar strength. That is for a simple reason: many export-heavy countries still intervene heavily in …

Despite China’s growing pressure, Taiwan has developed one of the world’s strongest democracies—one that will be increasingly tested in the coming years.