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The U.S.-Japan alliance is undergoing one of its tensest moments in recent years. If the alliance is to maintain its role as the cornerstone of peace and prosperity in the Asia-Pacific region, Washington and Tokyo will have to prove they can work together.
James Shinn and John D. Langlois discuss shortcomings of corporate governance in China, why those matter, and what can be done to address them.
Has China’s recent prominence in equity transactions resulted in improved minority shareholder protections? What forces are driving, or retarding, these shareholder reforms? Is it possible to provide minority shareholder protections when the state has majority control of all public firms and the Communist Party retains ultimate control over those firms?...
Disarray rather than radical reformlives as Washington grapples with the immense intelligence failure that preceded the terrorist attacks on the Pentagon and the World Trade Center.
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