Word: economice
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And this traditional sticking point is now compounded by a newer contest. Yes, we see now that both sides' economic aspirations are leading to more competition, especially in Asia, and this is slowly spilling over in a negative way into the realm of high politics of security and diplomacy.
The truth, for both Beijing and its trading partners, is that commerce is already politicized to an extent rarely seen before. A fight between Washington and Beijing over the value of China's renminbi is part of that. So too are the noises China is making about requiring all government...
Each of them will be counting on continued Chinese growth to help pull the world through economic recovery and beyond, but they can't afford to be complacent about their business relationships with the Middle Kingdom. On March 21, the American Chamber of Commerce in Beijing reported that 38% of...
China can hardly be blamed for favoring its own. Although it has managed to pull through the global crisis of the past two years better than virtually anyone expected (including, truth be told, Beijing's own leadership), its top export markets are still weak, and that is fostering a powerful...
At the same time, Wen has also said that "no one wants a trade or currency war." Even as the China Development Forum was taking place, Wen noted that a Chinese envoy was en route to Washington to discuss trade issues, and pointed with hope to a May session of...