Based on recent data, the Chinese economy appears to be stabilizing after a period of uncertain and inconsistent growth. Meanwhile, optimism continues to build that a deal will be struck in the U.S.-China trade dispute, even as analysts remain skeptical of the long-term efficacy of any such agreement.
Pressure is building domestically and overseas for China to overhaul its initial laissez-faire approach to financing and implementing projects through the Belt and Road Initiative. In response, Chinese authorities are reportedly compiling a list of officially acknowledged projects and drafting rules to govern them.
The growing strategic rivalry between the United States and China is driven by shifting power dynamics and competing visions of the future of the international order. Brookings experts recently interrogated popular perceptions of the Belt and Road Initiative, which is a leading indicator of the scale of China’s global ambitions.
On April 22, the John L. Thornton China Center at Brookings and the Initiative for U.S.-China Dialogue on Global Issues at Georgetown University co-hosted a discussion of the past 40 years of U.S.-China diplomatic relations.
U.S. Embassy in Beijing profiles Brookings. In an online series introducing prominent U.S. think tanks to a Chinese audience, the U.S. Embassy in Beijing interviewed Cheng Li (in Chinese), the director of the John L. Thornton China Center, who discussed the center and shared some key facts from Brookings's history of researching China.
Status quo on the Taiwan Strait likely to endure for the time being. As the United States and Taiwan mark the 40th anniversary of the Taiwan Relations Act, there is little incentive for leaders in Beijing to upend the current equilibrium, Ryan Hass tells The Straits Times.
U.S.-China tariffs driving up the price of consumer goods. A recent study shows that the price of washing machines in the United States has increased an average of 12% since the first tariffs were levied in the U.S.-China trade war. "It’s a good example of how the benefits of free trade are extremely diffuse but then the benefits of protectionism are concentrated," David Dollar tells NBC News.
About The 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.