Adjunct Senior Associate of the China Program, Carnegie Endowment for International PeaceAdjunct senior associate and former co-director of the China Program at the Carnegie Endowment for International Peace and Professor of Government at Claremont McKenna College; author of China's Trapped Transition: The Limits of Developmental Autocracy
FROM Minxin Pei
No Economic Downturn in China Two things most Americans associate with China are astonishing economic growth and mind-boggling pollution. But growth also means stock-market and real-estate bubbles, a shrinking private sector and a restive working class. Now China’s trying to go green at the same time it builds coal plants and imports oil.
In China, the Recession Is Over — or Is It? With a massive government stimulus that's fueled a frenzy of building, China's economy grew by 8.9% in the third quarter, compared to the United States' 3.2%. But growth also means stock-market and real-estate bubbles, a shrinking private sector and a restive working class. Emphasis on manufacturing has created world-class pollution, and now China's trying to go green at the same time it builds coal plants and imports oil. Does China, holding 23% of America's debt, threaten this country's interests? Will global problems force the US and China to be partners as well as competitors?
The Obama Administration Meets China On her last day in China , Secretary of State Hillary Clinton urged Beijing to continue buying US bonds. In addition to the economy, she emphasized global warming, having said in advance that a public confrontation over human rights would interfere with those priorities.
Secretary of State Clinton Makes Her First Trip to China Hillary Clinton's first trip as Secretary of State took her to China , where the government is comfortable with Republicans. Instead of making demands about human rights and currency manipulation, she urged Beijing to continue buying American bonds. Worries about the world economy shared the agenda with global warming, energy and national security, including North Korea's nuclear weapons. Clinton told the Chinese, “We are truly going to rise and fall together.” We get several assessments of her visit and what lies ahead.
Healthcare debate now shifts to the Senate Both parties are celebrating yesterday's House bill to repeal and replace Obamacare. House Republicans are cheering because they were able to pass it. Democrats are happy because they think it's so bad. We look at the details… and the politics.