The Obama administration and Republican Congress have been engaged in a very difficult negotiation regarding raising the US debt limit. US debt will reach the $

There has been heated discussion on whether the Chinese economy will experience a hard landing. In a survey conducted by Caijing.com.cn, the news portal of Chin

Recently the China—United States Exchange Foundation invited me, along with three other economics writers, on a tour of China. It occurred over 11 days, and th

Chinese growth is on a downward path.  Gross domestic product increased 11.9% in the first quarter last year, and the rate of increase has declined every quart

The China doubters are back in force. They seem to come in waves – every few years, or so. Yet, year in and year out, China has defied the naysayers and stayed

Republicans in the U.S. Congress reached an 11th hour compromise with President Obama about the fiscal year 2011 budget, narrowly avoiding the machinery of gove

The recent general consensus in the government, business and academic circles is that the 12th Five-Year Guideline marks a new historic start for China’s econo

Before July 2007, most economists agreed that global imbalances were the most important threat to global growth. It was argued that the United States’ rising n

Continuous dilution of US dollar debts calls for replacing its dominance with multi-currency monetary order. The US-led Western countries' advocacy of revis

The concept of power status is often used to emphasize the relative distribution of national capabilities across single countries. Under the anarchical internat