Summary by Richard C. Longworth The rise of a strong and increasingly nationalistic China is “going to be the most important event we face in the first half of the 21st century,” Richard L. Armitage told The Chicago Council Tuesday evening, and it’s vital ...
“Japan is back,” declared Shinzo Abe, prime minister of Japan, in a major speech in Washington this year. It may well be that the country’s ‘lost decade’ of persistent low growth and deflation has come to an end, bolstered by his ‘Abenomics’—a three-pronge ...
America is the largest economy in the world and China the biggest trading nation. Deeply interconnected economically, China relies on its US exports to sustain domestic growth, while America depends on China to finance its deficits. Yet most of the time on ...
The deepening economic relationship between the United States and China has an enormous effect on not only both countries, but the world. Yet this very same relationship has been the source of friction and misunderstanding with repercussions for businesses ...
Summary by Richard C. Longworth The Chinese and American economies both display major imbalances that are unsustainable and must be fixed, Stephen Roach told The Chicago Council Tuesday evening. Indeed, China already is rebalancing its economy in ways tha ...
With the onboarding of a new generation of political leaders, China needs to make strategic decisions for its long-term future to address critical challenges in sustaining economic growth, maintaining political stability, and dealing with other social-econ ...
Global multilateral trade talks have stalled. The latest phase of negotiations—the Doha Round—was initiated in 2001 and yet there is no end in sight. According to Pascal Lamy, the director general of the World Trade Organization, an agreement on Doha by th ...
The Philippines may well be Asia’s dark horse. Its economy grew by over six percent in 2012 and it is projected to continue growing, according to official figures. The country’s progress has even won plaudits from world renowned economist Nouriel Roubini—a ...
In 1972 the United States established relations with China, at that point a country with little global influence. Four decades later, Beijing is a vital player in the global economy and has as much power as nearly any government in the world. Diplomatic re ...
The complex interaction of trade, capital, information, and technology is leading to an unprecedented level of human interconnectedness. This highly networked global society means record numbers of the world's population are moving into the middle cla ...
