China holds a large amount of US Treasury bonds and changes in their holdings are often treated as important. Most recently, China's holdings of Treasuries were said to drop almost $50 billion in December. This is seen by some as portending loss of faith in the dollar and perhaps rising US interest rates. This view is mostly wrong, including the apparent fact that China cut Treasury holdings.
The United States and Japan should make pledges to protect each other's interests in the event of conflict. This rearticulated US-Japan alliance need not threaten China, but rather serve as a reminder that actions to advance Chinese interests at the expense of US-Japan interests will not be tolerated.
Many people are going to be discussing the many flaws of Chinese finance for many years. A helpful guide: as soon as you see or hear "China's Lehman moment," used seriously, stop paying attention.
Failure of the US to continue to lead in a successful conclusion of the TPP will likely destroy the possibility of a broader US-led and -anchored Trans-Pacific regional economic structure.
Yes, the Chinese are coming and they went on a buying spree in January. Two weeks ago they came for IBM, with China's Lenovo buying out Big Blue's low-server business for $2.3 billion and last week they were there for Google. Surprised? Alarmed? Don't be. There are real issues to consider, more important than alarmist bleats about a Chinese takeover.
Martin Wolf joins the Davos and IMF consensus in believing that the world economic outlook has brightened as the advanced economies at last seem to be taking off. He does so by seemingly downplaying the risks associated with the normalisation of monetary policy in the advanced countries.
In this conference, veterans of the Iraq and Afghanistan wars, mental health and disability experts, and an economist will discuss current hurdles to rehabilitation, and suggest alternatives that could more effectively expedite the reintegration of veterans into their families, communities, and workplaces.
Please join Representative Randy Forbes (R-VA), AEI, the Heritage Foundation, and the Foreign Policy Initiative for a timely discussion on the 2014 QDR and the future of American defense strategy in an era of constrained budgets.
This event is livestream only.
AEI’s Philanthropic Freedom Project welcomes Bill Gates for an exclusive event at AEI.