Where Is China’s Trillion-Dollar Trade Surplus Going?
China’s surplus is being recycled primarily through portfolio investment, cross-border banking flows, and Hong Kong’s capital markets.
Soumaya Keynes and Chad Bown on Fighting and Winning Trade Wars
The authors of a new book on trade conflicts talk about who is to blame for global tensions and whether the U.S. is going about...
Chinese Manufacturers Facing A Bigger Test Than Tariffs
While China’s export machine has proved resilient since the Iran conflict began, some manufacturers are starting to feel the pain.
How the PLA Has Tried to Get Around Chip Export Controls
Procurement tenders shows how military agencies attempted to purchase Nvidia hardware through a network of commercial partners.
Trump’s Surrender to China’s Rise
The president’s visit to Beijing was an effective acknowledgment that the U.S. and others can no longer constrain China’s emergence as an economic superpower.
Amid A Global Memory Chip Supply Crunch, Is China the Answer?
A worldwide shortage of vital memory chips could tempt the likes of Apple and Dell to buy more from Chinese suppliers, but they will have...
The Missing Piece in America’s China Strategy Is India
The U.S. must take steps to make it easier to cooperate with India in defense as a counterweight to Beijing.
Beijing Flexes Its Sanctions Muscle
China’s decision to ignore recent U.S. sanctions on its oil industry shows its willingness to use a legal toolkit compiled since 2020.
Trump’s Board of Trade Move Signals the U.S. has Given Up on Changing China
The U.S. president is set to agree on a new framework for U.S.-China commerce at his summit with Xi Jinping, but the details could prove...
Nicolas Niarchos on the Global Impact of the Rare Earths Race
The author and journalist talks about the on-the-ground effects in countries from the DR Congo to Indonesia of the push to secure resources for the...
Inside Job
One in every 20 dollars Super Micro earned from 2024 to 2025 came from a front company that allegedly worked with a rogue executive to...
As Trump Heads to Beijing, Splits on China Widen at Home
The president’s relatively dovish approach to the U.S.’s top rival contrasts with hawkishness in Congress, but may reflect growing pro-China sentiment among younger Americans.