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May 3, 2018

China
The Rising Bilateral Deficit with China and the Negotiations Over China 2025 The Rising Bilateral Deficit with China and the Negotiations Over China 2025

A short review of the March U.S. trade data and a lot of speculation about the arc of the Sino-American economic relationship in light of the non-negotiability of Made in China 2025.

April 24, 2018

International Economic Policy
Asia's Central Banks and Sovereign Funds Are Back Asia's Central Banks and Sovereign Funds Are Back

East Asia (China, Japan, and the NIEs) ran a $600 billion current account surplus in 2017. "Official" (central bank and sovereign fund) outflows accounted for about half of that. Asia's foreign excha…

April 18, 2018

Technology and Innovation
Robotic arms assemble Tesla Model S sedans at the company's factory in Fremont, California. Democrats Can Campaign on Technology for Edge in 2020

America-first rhetoric omits two important causes of middle America's economic woes: technology and automation. Democrats could use this to their advantage in the 2020 presidential election.  

April 13, 2018

Thailand
Previewing the U.S. Treasury’s April Foreign Exchange Report Previewing the U.S. Treasury’s April Foreign Exchange Report

The U.S. Treasury Department’s next foreign exchange report is due on April 15—so it should come out soon, maybe even tonight. Normally the section on China attracts all the attention. But righ…

March 9, 2018

China
Chinese Catholics attend an Ash Wednesday mass at a state-sanctioned church in Beijing. Christianity in China

Tens of millions of Chinese now identify as Christians and the number has grown rapidly, posing challenges for a government that is officially atheist and wary of threats to its power.

February 15, 2018

China
U.S. President Donald Trump takes part in a welcoming ceremony with China's President Xi Jinping in Beijing, China, November 9, 2017. U.S. Policy Toward China: Dumping the Baby, the Bathwater, and the Tub

According to a recent Foreign Affairs article, U.S. policy toward China has failed. Two senior Asia officials who served in the Obama administration, my good friends Kurt Campbell and Ely Ratner (who…

December 28, 2017

United States
Kohl 1989 Ten World Figures Who Died in 2017

I wrote yesterday about ten Americans who died in 2017 who helped shape U.S. foreign policy during their lifetimes. But Americans are not the only ones who influence world affairs. Below are ten worl…

December 13, 2017

China
Australian Prime Minister Malcolm Turnbull and Chinese Premier Li Keqiang shake hands before a ceremony in Canberra, Australia. Australia, New Zealand Face China’s Influence

Reports that China has stepped up efforts to gain influence in foreign political systems have sparked concern in Australia, New Zealand, and other states amid signs that the campaign may be shaping d…

October 12, 2017

China
Chinese President Xi Jinping arrives at the Great Hall of the People in Beijng to celebrate the ninetieth anniversary of the People's Liberation Army, August 1, 2017. Making Sense of China’s Nineteenth Party Congress

As China’s senior Communist Party members anoint its future leaders, President Xi Jinping is poised to solidify his position and power at next week’s party congress.