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Will we recover, unbridle ourselves of debt, innovate, pay for our national security? Or, is China fated to become number one, leaving us to live in a Chinese world?
In his April Economic Outlook, American Enterprise Institute (AEI) economist John Makin assesses the risks the world faces as a result of China’s slowing economy. With the coming transition in Chinese leadership, it is unlikely that the world's second largest economy will alter its policies to stimulate growth. As a result, the whole world may feel China's pain.
The Obama administration is going all out to attract Chinese companies to invest in the U.S., but at the same time, it has rebuffed the efforts of the Chinese telecoms giant Huawei to obtain contracts with major U.S. Internet providers or to take over U.S. telecom companies. At this event, a panel of experts will analyze the issues from both an economic and a security perspective.
I have found that the Uncertainty Principle of quantum physics actually has no analogue in foreign policy. Regardless, it is a good way to describe Obama's foreign policy doctrine.
The idea that China is practicing a new form of capitalism, and may even be “doing capitalism better than America,” is reaching a fever pitch in policy and business circles.
China is heading for a hard landing in 2012 or 2013 for three reasons: Excess capacity tied to overstimulation of investment in export industries and weak domestic demand growth, a bursting speculative bubble in its real estate sector, and a sharp slowdown in global growth.
While Bo's story is about power, it should not obscure the fact that there is an ideological struggle going on inside China.
Elections in Taiwan are increasingly about which candidate can successfully engage China while protecting Taiwan's status.









