China | AEIdeas

Thursday, May 23, 2013

Economics, International economy, Pethokoukis

Why slower growth is good for China but bad for India

James Pethokoukis | April 30, 2013, 12:18 pm

After years of double-digit GDP growth, China grew at less than 8% in the first quarter. And after 8% growth in the 2000s, India is growing at just a pitiful 5% today — way too slow for an emerging economy … read more >

Economics, International economy, Pethokoukis

Has China been snared by the middle-income trap? If so, here’s how it can escape

James Pethokoukis | April 15, 2013, 10:06 am

As any football coach knows, you run the same play until it stops working. Developing countries do the same. Their economies tend to expand rapidly as they shift agricultural workers to basic manufacturing. But moving up the value ladder and … read more >

Foreign and Defense Policy, China, Economics, International economy, Pethokoukis

No free lunch for China’s big spending Keynesians

James Pethokoukis | March 18, 2013, 11:53 am

Not exactly an endorsement of China’s ghost cities. From the St. Louis Fed: Keynesian theory argues that government spending can have a multiplier greater than one on aggregate income when resources remain idle or underutilized as the result of market … read more >

Carpe Diem

Chinese billionaire Zhang Xin shocks ’60 Minutes’: the people in China crave democracy and it’s inevitable

Mark J. Perry | March 16, 2013, 10:01 am

Did she really just say that? It happens rarely. But every once in a while, during a 60 Minutes interview, someone will drop a bomb into the conversation and say something that shocks even our veteran correspondents. That happened to … read more >

Foreign and Defense Policy, China

Strategies for peacetime competition with China

Henrik Temp and Sofiya Mahdi | March 7, 2013, 2:28 pm

On Tuesday, Congressman J. Randy Forbes (R-VA) delivered remarks to a packed house at AEI. His topic: Peaceful competition with China and its implications for the United States. In his view, while the US-China relationship has a lot of room … read more >

Photo Credit: Marine Corps Archives and Special Collection/Flickr

Foreign and Defense Policy, Asia

The Great War’s lessons for 2013

Gary Schmitt | February 6, 2013, 11:53 am

In yesterday’s Financial Times, Gideon Rachman wrote another one of his interesting columns, “The Shadow of 1914 falls over the Pacific,” noting some of the similarities in the current situation in the Far East and the international situation before World … read more >

Foreign and Defense Policy

BRICS want to fight tuberculosis

Roger Bate | February 5, 2013, 1:20 pm

In yesterday’s Wall Street Journal, Geeta Anand and Betsy Mckay explained how the health authorities in the rapidly developing BRICS nations have agreed to work together to fight tuberculosis. The BRICS–Brazil, Russia, India, China, and South Africa–account for about 60% … read more >

Image Credit: Chairman of the Joint Chiefs of Staff

Foreign and Defense Policy, Asia

What pivot?

Claude Barfield | January 31, 2013, 4:20 pm

One might be tempted to argue that Gary Schmitt’s post from earlier today, “The questions they should have asked Kerry,” is nitpicking, taking a minor excerpt from the hours’ long nomination hearing appearance and blowing it up beyond real importance. … read more >

Economics, Pethokoukis

Is the US trade deficit with China a lot smaller than we think?

James Pethokoukis | January 16, 2013, 4:38 pm

The above chart from The Economist is one that sticks in my brain. I love how counterintuitive it is, showing that as China’s currency has strengthened, China’s trade deficit has widened. Perhaps the supposed undervaluation of the renminbi isn’t such … read more >

Image Credit: coloursinmylife / Shutterstock.com

Foreign and Defense Policy, Asia

4 surprises that could rock Asia in 2013

Henrik Temp | January 7, 2013, 12:56 pm

Asia is increasingly becoming the world’s most important continent. Unfortunately for all of us, it isn’t nearly as harmonious as North America or Europe, with the potential for instability, warfare, and economic collapse coming from many sources. read more >