Is China More Prosperous Than the U.S.?
The Legatum Institute has just released its 2011 Prosperity Index. The index has a number of strengths, topped by the versatility of its supporting Web… Read More
The Legatum Institute has just released its 2011 Prosperity Index. The index has a number of strengths, topped by the versatility of its supporting Web… Read More
The European press has a death grip on the idea that China will provide the huge sums of money necessary to make a dent in… Read More
The House Ways and Means Committee will hold a hearing tomorrow on America’s economic relations with China. This is easier said than done—there’s a lot… Read More
The Senate is today considering a bill to punish China for its currency policy. The bill requires the U.S. to place duties on Chinese goods… Read More
There continues to be a great deal of talk about “the China Model.” It is supposed to be a way to organize an economy, especially… Read More
The debt standoff in D.C. is first and foremost about irresponsible government—not just right now but for a decade by both parties, both houses of… Read More
Sometimes things don’t work out the way we expect. New York Mayor Michael Bloomberg today announced a $50 million gift to the Sierra Club. His… Read More
Is open trade and investment good for China but bad for the U.S.? The Heritage Foundation’s China Global Investment Tracker has just been updated. Through… Read More
There’s a very old political rule getting a new twist in the House of Representatives right now: When your policies fail, blame someone else. The… Read More
The United States and the People’s Republic of China will hold the 2011 version of the Strategic and Economic Dialogue (S&ED) this coming Monday and… Read More
China announced its economic results for the first quarter this morning. GDP was said to grow a strong 9.7 percent, while consumer inflation reached a… Read More
America’s trade deficit rose in January. Many times an expanding trade deficit indicates an expanding economy and more American jobs. In January, this may not… Read More
This year’s meetings of China’s National People’s Congress, which started March 5, roll out the 12th five-year plan covering 2011–2015. A flock of freshly minted… Read More
The Department of the Treasury today updated its figures on foreign holders of Treasury bonds. The update appears to show that Chinese holdings of Treasuries… Read More
Our trade deficit with China rose 20 percent to a record $273 billion last year, according to figures just released by the Commerce Department. For… Read More
Corruption is again dominating the news in India. Long-standing issues, such as broad attempts to avoid taxes, have simmered back to the surface and been… Read More
The climate change conference starting in Cancun Monday is doomed to failure. Many factors contribute to this, such as a healthy skepticism about how much… Read More
20 people with very different backgrounds are unlikely to reach consensus on anything substantial. To forge such a consensus requires leadership. This week’s G-20 meetings… Read More
The Conference Board, a global research association, made a splash with their 2011 global outlook. The group’s most interesting claims are that emerging markets will… Read More
AFP reported late last week that Sprint Nextel will not consider bids from two Chinese companies for large telecom contracts due to national security concerns… Read More
There are legitimate concerns over Chinese dominance in rare earth minerals but the near-frenzied nature of some of some assessments is unjustified. The long-term problems… Read More
China and Japan had a diplomatic disagreement this past week. Of the many facets to this dispute, at least one has implications for the U.S.:… Read More
An ugly financial bubble bursts. A misguided U.S. Congress responds by blaming foreigners and passes a trade bill that prompts widespread retaliation and exacerbates the… Read More
A lot of people are unhappy with China. They’re unhappy for several reasons, but trade and investment might top the list. Some are demanding that… Read More
The front page of The New York Times yesterday featured a very long story on the state displacing the market within the Chinese economy. Hats… Read More
China’s reported holdings of U.S. Treasury bonds fell sharply again in June and are now almost $100 billion lower than they were in July 2009…. Read More
After months of speculation, it’s finally official: the Chinese economy, as measured by GDP, is larger than the Japanese economy. In the second quarter of… Read More
Do as I say, don’t do as I do. This is the message the Obama Administration and Congress are sending to fellow democracy India. While… Read More
Growing Chinese investment around the world is a major international economic development. In the U.S., the story is how limited Chinese investment is beyond government… Read More
Beijing finally made a move on exchange rates, probably. Assuming there is some action to go with the People’s Bank of China’s stilted language, two… Read More