China's announcement of an East China Sea air defense identification zone (ADIZ) has effectively taken the world's multibillion-dollar airline industry hostage.
More than three decades ago, Deng Xiaoping, who later became known as the chief architect of China's reforms, decided to focus on economic development through pragmatic experimentation, with the country moving forward cautiously by "crossing the river by feeling the stones."
China is dramatically increasing its imports of crude oil from Russia and the two countries seem to be on the verge of huge deals involving natural gas, of which Russia holds the world's largest reserves.
The United States and China are negotiating a bilateral investment treaty. Economic issues come up regularly in the annual Strategic and Economic Dialogue. However, while car tires and chicken meat get the attention of American trade officials, certain Chinese actions with dire consequences for a particular sector in the United States somehow don't seem to get discussed as economic issues.
China and Japan have lodged protests with each other over the holding of naval exercises in the East China Sea as their dispute over tiny islands shows no sign of a resolution.
2013/11/6, 1 Comment
After years of troubled relations with the countries of Southeast Asia, China has launched a campaign to enhance its relationship with ASEAN through a dramatic increase in trade, all the while not retreating on its sovereignty claims in the South China Sea.
Ever since the Second World War, the United States has played an indispensable role, ensuring peace and order in the world and creating conditions that allowed for the revitalization of the war-torn countries of Europe and Asia. During the Cold War, of course, the U.S. also expected the beneficiaries of its support to line up on its side against the Soviet bloc.
2013/10/23, 5 Comments
In calling for the rejuvenation of the nation through realization of the "Chinese Dream," President Xi Jinping is also invoking another aspect of history -- the ancient trading route known as the Silk Road, which led from China through Central Asia to Europe.
Ever since the Tiananmen Square massacre of 1989, Western observers have been hoping for a reformer to emerge in China.
Chinese Foreign Minister Wang Yi, in Washington for talks with U.S. Secretary of State John Kerry, spoke about a new model of Sino-American relations featuring "no conflict or confrontation" and "mutual respect," which is to be achieved through "win-win cooperation."
2013/9/25, 3 Comments