If nothing changes, China’s massive trade surplus will soon be an even bigger political and economic issue…as global trade imbalances are once again being made in China.

The Economist, inspired in part by a recent paper by Caballero, Farhi and Gourinchas, highlighted two key points in its free exchange column criticizing Germany’s surplus: a) Global imbalances have …

The United States needs to convince holdouts such as India to support the concept of plurilateralism.

Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post covers January 13 to January 19.

The U.S. likes talking about the dominance of the dollar. But don’t short-change China’s current dominance of manufacturing trade. Trade imbalances need to be taken seriously again.

Or perhaps a Sino-North Atlantic or Sino-Euramerican imbalance. Europe plays a supporting role in the drama. If oil averages $50 or so this year and $60 or so next year – and if intra-European su…

Anti-globalism sentiment is on the rise.

The early 1990s witnessed trade tensions between the United States and Japan, even though the U.S. current account deficit stood at about 1% of GDP and Japan is a democracy.  As our chart shows, th…