Not a Fiscal Bazooka, More like a Machine Gun
China’s latest economic stimulus measures are likely to provide only a temporary boost: much more fundamental change is needed to shift the country’s growth higher.
Decoupling Without Direction
Expected new U.S. export controls on China will accelerate the decoupling of the semiconductor sector, bringing big losses to American companies.
How China Is Preparing for America’s Next President
Feeling under siege, China is girding itself for long-term enmity with the world’s largest economy.
Why Beijing Is Keeping Its Wallet Closed
The Chinese government has long been reluctant to pursue what seems an obvious fix for the economy: Giving consumers more cash.
The Problem With “Overcapacity” in China’s Automotive Industry
The debate over China’s auto exports is bedeviled by narrow definitions and mis-measurement that risks encouraging the wrong policy response.
Why Reading U.S.-China History Right Matters
Those who argue that U.S. policymakers “allowed” China to rise too easily may overestimate Washington’s power. That misjudgment has implications for future American policy.
Could Kamala Harris Be the Next Richard Nixon?
The looming superpower clash between the United States and China begs for another strategic breakthrough.
China Must Rein in Local Governments
The decentralization of decision-making was essential to China’s economic boom in its early years, but further economic reform will require the central government to reassert...
Would Trump Escalate the U.S.-China Trade War?
History suggests why the government would forge ahead with a policy agenda that would harm average Americans.
China’s Contradictions Remain Unresolved
The CCP’s latest Third Plenum meeting failed to deliver a coherent economic blueprint for the country.
China’s Tech Turnaround
Beijing’s crackdown on the sector, followed by recent huge investments in AI and other areas, are part of a long pattern of shifts in the...
The Taiwan Debate Is Heading in a Dangerous Direction
Discussions within U.S. policy making circles take too little account of the devastating impact any conflict could have on the global chip industry.