Reports

02.01.16

Xi Jinping on the Global Stage

Robert D. Blackwill and Kurt M. Campbell
Council on Foreign Relations
Xi Jinping is the most powerful Chinese leader since Deng Xiaoping, and with his sweeping actions and ambitious directives he has fundamentally altered the process by which China’s domestic and foreign policy is formulated and implemented. Xi’s...

Reports

04.01.15

Revising U.S. Grand Strategy Toward China

Robert D. Blackwill, Ashley J. Tellis
Council on Foreign Relations
China represents and will remain the most significant competitor to the United States for decades to come. As such, the need for a more coherent U.S. response to increasing Chinese power is long overdue. Because the American effort to “integrate”...

Reports

10.01.13

Oil Security and Conventional War: Lessons From a China-Taiwan Air Scenario

Rosemary A. Kelanic
Council on Foreign Relations
In the past, conventional militaries were plagued by wartime oil shortages that severely undermined their battlefield effectiveness. But could oil shortages threaten military effectiveness in a large-scale conventional conflict today or in the...

Reports

06.01.13

Defending an Open, Global, Secure, and Resilient Internet

John D. Negroponte, Samuel J. Palmisano, Adam Segal
Council on Foreign Relations
The Task Force recognizes that there are both considerable opportunities and perilous challenges in cyberspace. This report identifies guiding principles and makes policy recommendations to mobilize a coalition of old friends and rising cyber powers...

Reports

04.01.13

Enter the Dragon and the Elephant

Yanzhong Huang
Luo Xiaoyuan
Council on Foreign Relations
Among the emerging powers, China and India have long been critical to successfully addressing global health problems. Historically, infectious diseases that originated in either country have altered epidemiological patterns worldwide. The first...

Reports

02.01.12

Fostering Greater Chinese Investment in the United States

David M. Marchick
He Jianan
Council on Foreign Relations
China’s outward investment has substantial room to grow, and the United States has the potential to capture a larger share of it—an outcome that would benefit the U.S. and Chinese economies and strengthen the bilateral economic relationship. China...

Reports

11.01.11

What Drives CNH Market Equilibrium?

Peter Garber
He Jianan
Council on Foreign Relations
The recent rapid growth of the offshore renminbi market presents a puzzle for analysts of China's development strategy. By allowing renminbi to flow offshore uncontrolled before loosening government controls over internal financial markets,...

Reports

11.01.11

The Internationalization of the RMB: Opportunities and Pitfalls

Tatatoshi Ito
He Jianan
Council on Foreign Relations
China is making swift strides toward internationalizing its currency, the renminbi, but it must be careful when sequencing these changes. Without the proper reforms, wide-open Chinese financial markets would be vulnerable to massive flows of foreign...

Reports

11.01.11

The Future of International Liquidity and the Role of China

Alan M. Taylor
He Jianan
Council on Foreign Relations
Financial crises in the 1930s and 1970s showed the world that economic instability results when demand for international liquidity allows a small number of countries to run up massive debts in their own currencies. Named for the economist who first...

Reports

11.01.11

Historical Precedents for Internationalization of the RMB

Jeffrey Frankel
He Jianan
Council on Foreign Relations
The twentieth century saw the rise of the US dollar, the German mark, and the Japanese yen as international currencies. Now the Chinese renminbi is on a similar course toward reserve currency status, but its path is deviating from those of its...

Reports

11.01.11

Internationalizing the Renminbi and China’s Financial Development Model

Robert N. McCauley
He Jianan
Council on Foreign Relations
Internationalization was a spontaneous outcome of the marketplace for the rest of the world’s major currencies, but China is breaking with history by making it official policy to steer the renminbi on a path toward reserve currency status. However,...

Reports

09.01.11

Managing Instability on China’s Periphery

Paul B. Stares, Scott A. Snyder, Joshua Kurlantzick, Daniel Markey, Evan A. Feigenbaum
He Jianan
Council on Foreign Relations
China’s growing global engagement and presence has increased the number of conceivable places and issues over which it could find itself at odds with the United States, but potential developments in the territories immediately adjacent to China...

Reports

11.01.10

Energy Innovation

Michael A. Levi, Elizabeth C. Economy, Shannon K. O'Neil, and Adam Segal
He Jianan
Council on Foreign Relations
Low-carbon technology innovation and diffusion are both essential aspects of an effective response to climate change. Studying China, India, and Brazil, the authors of this report examine how innovation in low-carbon technologies occurs and how the...

Reports

05.01.09

China’s $1.5 Trillion Bet: Understanding China’s External Portfolio

Brad W. Setser
He Jianan
Council on Foreign Relations
China is now by far the United States’ largest creditor. Its treasury portfolio recently surpassed that of Japan’s, and it has long held more agency (Fannie Mae, Freddie Mac) bonds than any other country. Never before has a nation as poor as China...

Reports

09.01.08

China, Space Weapons, and U.S. Security

Bruce W. MacDonald
He Jianan
Council on Foreign Relations
China’s successful test of an anti-satellite weapon in 2007, followed by the US destruction earlier this year of an out-of-control American satellite, demonstrated that space may soon no longer remain a sanctuary from military conflict. As the...

Reports

12.01.07

Africa-China-U.S. Trilateral Dialogue

"The Brenthurst Foundation, Chinese Academy of Social Sciences, Council on Foreign Relations, Leon H. Sullivan Foundation
He Jianan
Council on Foreign Relations
Over the course of the last thirteen months, delegates from Africa, China, and the United States have met three times in an effort to identify strategies of cooperation among their respective nations with the goal of accelerating economic...

Reports

04.01.07

U.S.-China Relations

Carla A. Hills, Dennis C. Blair, Frank Sampson Jannuzi
He Jianan
Council on Foreign Relations
The Council on Foreign Relations established an Independent Task Force to take stock of the changes under way in China today and to evaluate what these changes mean for China and for the US-China relationship. Based on its careful assessment of the...

Reports

05.01.03

Chinese Military Power

Chair: Harold Brown, Vice Chair: Joseph Prueher, Director: Adam Segal
He Jianan
Council on Foreign Relations
The rise of China has long been a growing concern among US foreign policymakers. Of particular concern is the strength of Chinese military power and its relation to US military capability. This important report assesses the situation and concludes...

Reports

10.01.01

Beginning the Journey: China, the United States, and the WTO

Chair: Robert D. Hormats Director: Elizabeth C. Economy
Elizabeth Economy
Council on Foreign Relations
The main finding of this report is that both the United States and China will run risks as Beijing moves ahead with membership in the World Trade Organization (WTO), but the potential payoffs for both countries are well worth it. It also points out...

Reports

05.01.00

Sustainable Development and the Open-Door Policy in China

James K. Galbraith and Jaiqing Lu
He Jianan
Council on Foreign Relations
This paper argues that political discourse in China reflects the larger intellectual conflicts familiar in the West. Most decisions of policy are rooted in conditions and struggles inside China, and reflect both continuity and change in internal...

Reports

04.01.00

China, Nuclear Weapons, and Arms Control

Robert A. Manning, Ronald Montaperto, Brad Roberts
He Jianan
Council on Foreign Relations
The U.S.-PRC bilateral agenda is loaded with many contentious issues, including trade relations, human rights, regional security, and nonproliferation. During the last year or two, another issue has emerged: the strategic military dimension of the...

Reports

03.01.00

The United States, Japan, and China: Setting the Course

Neil E. Silver
He Jianan
Council on Foreign Relations
During the twentieth century, as the United States grew into a world power, Americans confronted two major powers in Asia: China and Japan. Asia expert Neil Silver argues that the United States never had good relations simultaneously with China and...

Reports

04.01.97

Shaping U.S.-China Relations

Elizabeth C. Economy
He Jianan
Council on Foreign Relations
An increasingly contentious debate has erupted in the United States over how to respond to the rise of China. Figuring out a successful policy toward China is no easy task, but any sound strategy must be rooted in a sense of history. A sure recipe...