In a second paper on "shadow banking" in China, Douglas Elliott and Qiao Yu discuss its importance as a rapidly growing part of Chinese finance, the societal benefits it provides, and how it should be reformed to reduce risks and increase benefits.
Lynn Kuok writes in an East Asia Policy Paper that Taiwan has taken small but significant steps toward aligning its maritime claims with UNCLOS and international law in the last year. She explains why all concerned parties in the South China Sea should welcome Taiwan’s inclusion in related negotiations and activities.
The John L. Thornton China Center will host three accomplished contemporary Chinese writers for a discussion on the generational differences of writing in—and about—a rapidly changing China.
Professor Lyle Goldstein of the U.S. Naval War College discussed his major new book with suggestions on limiting the potential for a U.S.-China security rivalry and enabling a more cooperative future.
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.
