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The United States and China must cooperate on arms control. But to do so, the two countries need an innovative approach.
Revised U.S.-Japan defense guidelines should incorporate a front office/back office concept that keeps the overall division of labor intact but with deeper integration in certain support functions.
A playbook for how Presidents Obama and Xi can make more history than leaders have in decades.
Rebalancing China's growth from investment to consumption is necessary if China is to sustain long-term economic growth. Recent attempts to move in this direction have been insufficient; true rebalancing will require a more fundamental revision of the growth model.
China's economic investment in Afghanistan provides an opportunity for Afghan development that could help stabilize the country—an outcome that would benefit not only Afghanistan and China, but also the United States.
While the United States and China—the world’s two largest economies—are becoming increasingly interdependent, there is a growing risk of misunderstanding or even clashes. The two powers need a dialogue to provide strategic vision to their relationship.
The central bank of China has cautiously begun to tighten monetary policy in response to a massive residential property bubble, demonstrating Beijing’s belief that it has both the policy tools and the political will to control the bubble and avoid a burst.
Without greater global investment or a rise in Chinese domestic consumption, the increasing U.S. savings rate will have serious repercussions for both the Chinese and American economies and create aftershocks in dozens of other countries.
Until the United States, China, and the EU reach consensus about the roots of the global economic crisis and coordinate recovery policy, the world economy is likely to get worse before it gets better.
The U.S. and China have developed good relations over the past eight years, but mutual misunderstanding persists. President Obama should recognize the importance of cultivating personal ties with Chinese leaders and visiting East Asia soon after taking office and avoid aggressive public language on hot-button issues.