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  • Morning Bell: Chinese Investment in the U.S. Shatters Records

    China set a record with its investments around the world in 2012. And in the United States, China shattered its previous investment record. Before people start panicking, it’s important to know: This is not a bad thing. First, let’s put it in perspective. Chinese investment is still very, very small … More

    Don’t Do It, Shinzo Abe!

    Japan’s incoming prime minister, Shinzo Abe, has an unenviable task. While Mr. Abe may prove to be exactly what the country needs in terms of foreign policy, his economic promises mirror the policies that have mired Japan in two decades of stagnation. Mr. Abe has made headlines promising more aggressive … More

    A123: It's Not China's Government That's The Problem

    China’s largest auto-parts maker just won the bidding for A123 Systems, the bankrupted electric car battery company. It’s time to back the car up and remember where the American taxpayer started with A123. A123 received a $249 million grant as part of the 2009 stimulus. By the time it went … More

    Energy: America Delays, China Advances

    The Canadian government just approved the $15.1 billion acquisition of integrated oil and gas producer Nexen by China’s third-largest oil company, state-owned China National Offshore Oil. The deal is an important step forward (or two) for Chinese investment, but a step back is probably soon to follow. Chinese outward investment … More

    Chinese Investment: Stop Complaining

    The Wall Street Journal and the Financial Times had front-page stories yesterday on the Securities and Exchange Commission suing the China subsidiaries of major accounting firms for not cooperating with investigations into possible fraud at Chinese clients. The famous multinational auditors are complaining, the Chinese firms are complaining, the Chinese … More

    China's New Leadership: Not Encouraging, but Not Finished

    After a nearly weeklong session, the new Chinese leadership has been unveiled. It isn’t a surprise, but it is a disappointment for anyone harboring hopes for a new, more positive trajectory in U.S.–China relations. There is no one in the emerging top Chinese leadership who could be counted on as … More

    Requiem for Hu, Wu, and Wen

    Hu Jintao, Wu Bangguo, and Wen Jiabao will step down from the top of the Chinese Communist Party this week. In four months, or thereabouts, they will surrender their (less important) places at the top of the Chinese government. And not a moment too soon. Their decade leading the PRC … More

    Super-Rich Chinese Leaders: A Dangerous Development

    The New York Times has laid out a portrait of a Chinese billionaire family, and it’s a fairly worrisome one. Premier Wen Jiabao’s extended family, including his brother-in-law, are said to be worth $2.7 billion. Average income in China last year was less than $6,000. The Wens aren’t alone. Bloomberg … More

    Fact Checkers Get It Wrong on Jobs and China

    Who fact-checks the fact checkers? After the debate Monday night, CNN engaged in a fact-checking exercise. Many criticize these exercises for being more slanted and less accurate than what’s being fact-checked in the first place, and sure enough, this is what happened with China trade and jobs. CNN, for example, … More

    Debate Prep: The Right Answers on China

    The final presidential debate, on foreign policy, is scheduled for Monday, October 22. Moderator Bob Schieffer announced that the topics will be: “America’s Role in the World,” “Our Longest War—Afghanistan and Pakistan,” “Red Lines—Israel and Iran,” “The Changing Middle East and the New Face of Terrorism,” and “The Rise of … More