Senior Associate, Carnegie Endowment
Aug 07 , 2017
In the near-term, the triggering point for increased China-U.S. tensions might be foreign policy driven—a hardening of positions on North Korea or a maritime incident. Or it could come from the U.S. taking more punitive economic measures. Whether such events might lead to more serious conflicts remains to be seen.
Nov 23 , 2016
There is little evidence that an undervalued renminbi played a major role in driving China’s trade surpluses over the past decade. Likewise, a causal relationship between the U.S. trade deficits and China’s surplus has been assumed that is not true. Structural shifts, not an undervalued exchange rate, were the major factors driving China’s export capabilities. However, political systems need to find ways to address local interests without giving up the benefits that globalization can bring.
Feb 07 , 2013
While many wonder if Xi Jinping will be a reformer in the mode of Deng Xiaoping, Yukon Huang writes China's regional decentralization of political power will expedite reforms and lead to more representative local elections.
May 23 , 2011
China's economic performance is a subject of heated debate. Admirers see in China a country which has been growing at double digits and has lifted 500 milli