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China's Economy
China's economic growth has been revolutionary, and is the foundation of its increasingly prominent role in world affairs. It is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America. Multinational companies make billions of dollars in profits in China each year, while traders around the world shudder at every gyration of the country's unruly stock markets. Perhaps paradoxically, its capitalist economy is governed by an authoritarian Communist Party that shows...
Living U.S.-China Relations
This book addresses head-on a core current critique of how the Sino-American relationship was managed across eight administrations. The essence of this critique is that naïve U.S. elites confused their hopes for democracy and a globally responsible China with the actual prospects for those desirable ends, and, in the process, unwisely traded away American interests, competitive position, and national security. In short, the U.S. bolstered the principal strategic threat that it now faces. This book is a fact-based challenge to that simplistic narrative. Today, developments in the U.S.-China relationship are converging in a fashion that is setting off fire alarm bells. At this moment, in 2023...
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Revising U.S. Grand Strategy Toward China
Robert D. Blackwill and Ashley J. Tellis argue that the United States has responded inadequately to the rise of Chinese power. This Council Special Report recommends placing less strategic emphasis on the goal of integrating China into the international system and more on balancing China's rise.
