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  • Chinese Money Mysteries Solved

    The Wall Street Journal this week observed that money is leaving China. It has been doing so off and on since the economic crisis began, and during the last 18 months the amount of gross outflow may have been as much as $300 billion. This, however, sounds more important than … More

    WATCH at 1 p.m.: Debunking Myths on Trade and Jobs

    Trade and job creation came up in the presidential debate last night. A longstanding argument for blocking trade is that imports hurt jobs. This argument is wrong, and we can prove it. A paper published by The Heritage Foundation documents that the process of importing—offloading from ships and planes, transporting … More

    Is India Embracing Market Reform?

    Was it something the entire rest of the planet said? Late last Friday, the much-criticized government of India went from devaluing market-based economic reform at seemingly every turn to embracing it—in the space of one press conference. While India still faces a mountain of challenges, it finally may be moving … More

    China’s Next Leader Is Missing—and That’s Not Even the Big Story

    Where is China’s incoming Communist Party chief, Xi Jinping? When he canceled a meeting with Secretary of State Hillary Clinton, it was attributed to a back injury or perhaps unhappiness with the U.S. But as he has canceled meetings with other visitors, including the Singaporean prime minister, rumors have arisen … More

    Administration Jeopardizes Export Control Reform Through Ill-Timed Waiver

    An ongoing sale of communications satellites to a Hong Kong–based company is attracting a great deal of attention at the moment. Space Systems/Loral, a major U.S. satellite manufacturer, contracted in 2011 to manufacture two communications satellites, AsiaSat-6 and AsiaSat-8, for Asia Satellite Telecommunications (AsiaSat). The contract was initialed soon after … More

    China Likes American Stuff, and That's Good

    China’s State Administration for Foreign Exchange is buying $1.5 billion worth of pension assets from General Motors. The assets are positions in funds held by the Carlyle Group, Blackstone, and CVC Capital. This is the latest in a surge of Chinese investment in the U.S., investment that benefits all the … More

    How the Party Says China's Economy Is Doing

    Those interested in whether China tells the truth about its economy should hold tightly to one fact: The State Statistical Bureau publishes what the Communist Party allows it to publish. That the entire government is a tool of the Party is the foundation of the People’s Republic of China’s (PRC) … More

    Taking the Critical out of "Critical Materials"

    Rare earths and other strategic minerals are front and center again, with a bill being brought to the House floor this week. When Members of Congress consider “critical” materials, they should bear in mind that the materials aren’t actually critical and that government should therefore play a very limited role. … More

    Deterring Economic Espionage

    The House is considering new legislation concerning economic espionage. While the private sector should play the key role in combating this, there is bipartisan support for policy measures—and with good reason. The U.S. relies on innovation. It has become more important in driving internal growth and, externally, America’s comparative advantage … More

    Bashing China Won’t Fix Our Economy

    Both ends of the political spectrum seem to be competing to be tougher on China economic issues. They’re both wrong. Chinese policy does warp the global economy in a number of ways, but 99 percent of our current problems is of our own making. Bashing China feels good but accomplishes … More