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Commentaries by James H. Nolt

James H. Nolt

Adjunct Professor at New York University

Dr. James H. Nolt is an Adjunct Professor at New York University. He has been a Senior Fellow at the World Policy Institute for 22 years. He is the author of International Political Economy: The Business of War and Peace. He has published a number of articles about the Chinese military and the East Asian military balance and blogs at
  • Jun 06, 2018

    Although many interests in the U.S., China and around the world will be damaged if the world’s two largest economies engage in a trade war, it is likely that Trump would have to back down first, increasing China’s global power and influence.

  • May 16, 2018

    We are currently headed into an unprecedented crisis in the world trading system that is not simply rooted in bad laws, weak institutions, reckless leaders or rogue nations; it is rooted in wrongheaded theories. The looming U.S.-China trade war is one of the real consequences of this.

  • Apr 19, 2018

    Those who take Trump more literally on trade issues warn that he really does measure success by rebalancing trade in favor of significantly more U.S. exports and fewer imports. Most trade experts would agree that none of the concessions China is likely to make in the near future would significantly erode China’s massive trade surplus with the United States.

  • Mar 21, 2018

    Recently China announced an 8.1% rise in military spending for its 2018 budget. This is the largest increase in several years, but it represents continuity rather than signaling any ominous portent.

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