By Rainer Zitelmann In October 1976 it was announced that the Nobel Prize in economics for that year would be awarded to the American economist Milton Friedman. Almost exactly a month before that announcement, Mao Zedong had passed away. Just four years after his death, Friedman visited China for the first time. […]
Tag: china
Is the European Union’s investment agreement with China underrated?
By Uri Dadush and Andre Sapir, Bruegel The European Union is very open to foreign direct investment. By comparison, despite considerable liberalisation in the past two decades, foreign investors in China’s markets still face significant restrictions, especially in services sectors. Given this imbalance, the EU has long sought to improve the situation […]
What does the China trade deal mean for Europe?
“The EU-China Investment Agreement as seen from Europe: achievements with shortfalls” By Frank Bickenbach and Wan-Hsin Liu, courtesy of IFW Kiel After seven years of negotiations, the European Union (EU) and the People’s Republic of China (China) concluded in principle the EU-China Comprehensive Agreement on Investment (CAI) on December 30, 2020. The European Commission has stated […]
China gained on America in 2020 and hopes to pass us by 2028
By Ernest Istook, Frontiers of Freedom China gained on the United States in 2020 and hopes to build on that momentum to gain more in 2021. Once China pursued a “Great Leap Forward.” Now they have three plans: military expansion, “Made in China 2025,” and their Belt and Road Initiative (BRI). Each involves […]
EU is right to scrutinize Chinese investment
“Not all foreign investment is welcome in Europe” By Julia Anderson, courtesy of the Bruegel Institute Imagine that the Tour de France allowed non-French competitors, and only non-French competitors, to use performance-enhancing drugs. Now imagine these rules were changed to ban the use of drugs for all competitors. It would surely make for a […]
Now That the U.S. Has Banned Huawei’s 5G… Will China Sell Us the Rare Earths to Build Our Own?
By Daniel McGroarty, TES GeoPolicy Editor In the great U.S.-China decoupling, the U.S. picked up a key ally this week, with the UK’s announcement that it would reverse itself and ban Huawei’s 5G network, just in time for the U.S. to slap travel sanctions on Huawei employees. The implication is clear: the U.S. […]
Brimen: How the U.S. Can Win the Trade War with China
By Erick A. Brimen In my new Fortune editorial, I explain how the United States can facilitate investments in special economic zones in Latin America to fuel development and relieve the driving pressure behind immigration. But these zones present an even bigger opportunity: rebalancing trade with China. The U.S. needs to revive […]
COVID-19 Deception by China Demands New Era of Global Scrutiny
By Michael Auslin, courtesy of the Mercatus Center The COVID-19 pandemic that began in Wuhan, China, has led to a sharp intensification in tensions between the United States and China. With clear evidence that Beijing covered up the extent and nature of the epidemic in its early months, using the World Health Organization (WHO) to mislead […]
Beyond the Rare Earths: Resource Security in the Post-COVID Context
By Sandra Wirtz, American Resources Policy Network “Everything is different.” It’s the constant refrain in these COVID times. But the comment cuts both ways — not just how we cope with differences imposed on us, but differences we embrace, to make ourselves and our society more resilient in the face of sudden shocks, or […]
China is wrecking Hong Kong, but tariffs won’t help
By Daniel Griswold, courtesy of the Mercatus Center One of humankind’s most dazzling and successful experiments in political economy is coming to an end. For the second half of the 20th century, Hong Kong prospered as an enclave of economic and civil freedom under the benign administration of the United Kingdom, but that freedom may […]