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Category Archive: China
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How America Builds Its Way Back to Balance
The following is an excerpt from The Reckoning: Debt, Democracy and the Future of American Power, with a forward by Dr. Nouriel Roubini, available in the United States on this week from Palgrave Macmillan and in Europe on 17 May. Moran, a former RGE vice president and geostrategy analyst, is now Director and Editor-in-Chief of [...]
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Japan’s Yen for RMB (and vice versa)
Two indications in the news today of the diminishing influence of America on the world, both self-inflicted: a currency agreement between Japan and China, and the slipping of Iraq back toward chaos. I want to look at them both this week, but today, let’s start in the Far East. Multiple reasons lay beneath the decision by China [...]
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2012 and the American Psyche
Destiny is a big, pretentious concept. Yet today, most Americans understand what their politicians refuse to concede—at least publicly: We’ve lost control of our destiny. Globalization, the fairy dust proffered by everyone from Ronald Reagan to Bill Clinton to Thomas Friedman, turns out to have some significant downside risks. Can we manage them? At the [...]
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Never Get Tired of This Stuff
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Vice Chairman of China’s CIC Says It’s Become Harder to Defend the U.S. Model
For anyone who tracks or covets the attention of China’s huge sovereign wealth fund (SWF), the China Investment Corporation (CIC), a dose of straight talking from senior CIC officials is a coveted and rare thing. SWFs, with the exception of Norway’s perhaps, are notoriously opaque creatures, not only in motive, but also in actual operations. [...]
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Taiwan: Time to Deal From a Position of (Relative) Strength
The egg-shell walk of American diplomats over the sale of what amount to spare parts for a portion of Taiwan’s air force should put to rest any question about where the island, regarded by China as a renegade province, is heading. As recently as 2007, American carriers hovered nearby and the RAND Corporation predicted in [...]
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Marco…Marco…Polo
Quite correctly, the focus of concern in the eurozone mess right now is on the potential fallout for the global economy. Should – as appears quite possible – short-term, political myopia prevent the kind of leadership from Europe’s politicians that is called for in this emergency, growth in the developed world ends for the foreseeable [...]
