China devalued its currency to a five-year low against the U.S. dollar, sending global stock markets tumbling. The devaluation so far has been minor, from an exchange rate of 6.2 to the dollar last summer to 6.55 now. David Dollar explains why the markets reacted so sensitively.
The Democratic Progressive Party (DPP) won a sweeping victory in Taiwan's presidential and legislative elections. What policies will the new Tsai Ing-wen administration pursue? And will they complicate relations with China and the United States?
On the morning of January 6, North Korea conducted its fourth nuclear weapons test at a site close to its border with China, claiming it had successfully detonated a thermonuclear weapon for the first time. What does the test mean, and what should the world do about it?
January 13, 2016, The Washington Post, David Dollar
NEWS FROM THE CHINA CENTER
Deputy Director Han Jun visits Brookings
On January 12, Han Jun, Deputy Director of the Office of the Leading Group on Financial and Economic Affairs and one of President Xi Jinping's top economic advisors, met with Brookings scholars to discuss China's economic outlook in 2016.
ABOUT THE JOHN L. THORNTON CHINA CENTER
The John L. Thornton China Center develops timely, independent analysis and policy recommendations to help U.S. and Chinese leaders address key long-term challenges, both in terms of U.S.-China relations and China's internal development.
