By now it is a cliche that the United States has no more important bilateral relationship than that with China. Yet in the wake of President Obama's sometimes awkward visit to Beijing, it is becoming clear that, in one crucial respect, Sino-American relations are dysfunctional: Though umbilically connected by trade and capital flows, the two countries are pursuing incompatible economic policies.
On his recent trip to China, President Obama negotiated with our government on climate change and other issues such as economic recovery, currency regulation and denuclearization.
As the U.N. climate change conference in Copenhagen approaches, we are in a race between political tipping points and natural ones.
Who do I call if I want to call Europe, Henry Kissinger once famously asked. For eight years European federalists labored to produce an answer to that question -- staging a constitutional convention, ignoring repeated rebuffs by voters and bullying skeptical small countries.
The Federal Reserve's performance in this long-running financial and economic crisis deserves separate grades. For the early crisis period, from the summer of 2007 until a few weeks after the Lehman Brothers failure in mid-September 2008, the Fed's response was uneven.
2009/11/23, 1 Comment
Is traveling to the United States a "harrowing experience," as a Pakistani delegate to the International Olympic Committee claimed when the IOC rejected Chicago's bid to host the 2016 Games?
This week an Agriculture Department study showed that 16.4 million U.S. households containing 49.1 million people experienced "food insecurity" in 2008, up from 12.2 million households containing 36.2 million people in 2007.
President Obama's trip to China has occasioned a spate of articles documenting the increasingly unhappy, yet apparently indissoluble, marriage between the American and Chinese economies.
After taking his message as the "first Pacific president" through four countries in eight days, President Obama wrapped up his tour of Asia on Thursday with talks with South Korean President Lee Myung-Bak and a planned visit to U.S. troops stationed in the shadow of nuclear-armed North Korea.
President Obama has emerged from his first trip to China with few breakthroughs on important issues, such as Iran's nuclear program or China's currency.