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April 30, 2024

China
A Second China Shock, With Brad Setser

Brad Setser, the Whitney Shepardson senior fellow at CFR, sits down with James M. Lindsay to discuss the causes and consequences of China’s export surge.

Podcast Chinese shipping containers being unloaded at a port.

December 8, 2024

China
Will China Take Over the Global Auto Industry?

China’s electric vehicle capacity will soon match total Chinese domestic auto demand, and total Chinese auto production capacity is already over half of total global auto demand.

China: Vehicle Exports (Millions of Cars)

December 10, 2024

United States
U.S. Health and Its Global Implications

In a special event copresented by the Council on Foreign Relations and The Lancet, panelists discuss priorities for improving public health in the United States and abroad. For those attending vir…

Play A registered nurse administers the COVID-19 vaccine into the arm of a woman a day after California began offering the coronavirus vaccine to residents 65 and older. - US President-elect Joe Biden was set to announce his Covid-19 vaccine rollout plan Friday as he bids to wrest the focus from the impeachment of Donald Trump to the agenda for his first days in office. Biden has said he wants 100 million Americans to receive shots during his first 100 days in office, an ambitious goal that would require a big s

December 5, 2024

South Korea
Turmoil in South Korea, French Government Collapses, Syrian Rebels Reignite Conflict, and More

Impeachment looms for South Korean President Yoon Suk Yeol, whose declaration of martial law spurred mass protests; French lawmakers passed the first no-confidence vote in more than sixty years, as t…

Podcast A protester attends a rally to condemn South Korean President Yoon Suk Yeol's surprise declarations of the failed martial law and to call for his resignation in Seoul, South Korea, on December 5, 2024. Kim Kyung Hoon/Reuters

December 1, 2024

China
Why Did China’s Current Account Surplus Surge in the Third Quarter?

An old school, “make blogging great again” style post. The rise in the current account surplus might be linked to the “carry” unwind in the third quarter.

Why Did China’s Current Account Surplus Surge in the Third Quarter?

November 26, 2024

Europe
Europe Reacts to Trump’s Victory, With Liana Fix and Matthias Matthijs (Transition 2025, Episode 4)

Liana Fix, a fellow for Europe at CFR and adjunct professor at Georgetown University, and Matthias Matthijs, a senior fellow for Europe at CFR and associate professor of international political econo…

Podcast U.S. President Donald Trump arrives at the G7 summit in Taormina, Italy, on May 27, 2017. Jonathan Ernst/Pool/AFP/Getty Images

November 15, 2024

G20 (Group of Twenty)
What Does the G20 Do?

The Group of Twenty, an informal gathering of many of the world’s largest economies, is the premier global forum for discussing economic issues. It is facing continued divisions over trade, climate c…

World leaders sit around a circular table at the G20 summit in New Delhi, India.

November 26, 2024

Trade
What Are Tariffs?

U.S. Presidents Trump and Biden have both turned to tariffs to support local industries amid economic confrontation with China. Here’s how these taxes work and how they’ve been used historically.

A red-helmeted worker lays steel at a factory.

October 17, 2024

Economics
The Surprising Resilience of Globalization: An Examination of Claims of Economic Fragmentation

In my new paper published by the Aspen Economic Strategy Group, I highlight the persistence of unhealthy globalization and lay out some proposals for a more sustainable regime. 

The Surprising Resilience of Globalization: An Examination of Claims of Economic Fragmentation

October 14, 2024

China
The iPhone, Chinese Customs Data, and China’s Balance of Payments Puzzle

China’s main explanation for the $300 billion plus gap between its customs surplus and its goods surplus in the balance of payments is the Apple iPhone.

The iPhone, Chinese Customs Data, and China’s Balance of Payments Puzzle