FROM David Lampton
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?
Unprecedented Recognition for the Dalai Lama The Dalai Lama is receiving the Congressional Gold Medal of Honor today, America's top civilian award, and George Bush is in attendance. It's the first time a sitting American president has publicly recognized the Buddhist icon since he fled China's takeover of Tibet. China calls him a supporter of "evil cults," and regards his continued popularity in Tibet as a threat to its territorial sovereignty. During 50 years of brutality and intimidation, the Dalai Lama has counseled non-violence. Will massive new development and a new railroad improve the lives of Tibetans or accelerate the takeover by ethnic Chinese?
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.