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    Taiwan Needs Japan as Much as It Needs the U.S.

    Fostering the U.S.-Taiwan relationship is vital to U.S. relations with many of its allies in the Asia-Pacific region and will prove profitable for U.S. security and economic interests. The Heritage Foundation recently hosted a discussion on the future of U.S. relations with Taiwan. Randy Schriver, former Deputy Secretary of State … More

    China’s NPC: Don’t Jump the Gun on News of Economic Reform

    The annual meetings of China’s National People’s Congress (NPC) start March 5. This year is more important than most: The new Communist Party leadership introduced at last fall’s Party Congress receive their government positions. We all know the top slot (president), and we are all but certain of the #2 … More

    China Is Not Our Banker

    China has fallen behind Japan as the largest foreign holder of U.S. securities. The Department of the Treasury’s new numbers are good only through June 30, 2012, but it puts Japan at $1.84 trillion and China at $1.59 trillion. There are lots of things to say about this, but one … More

    Mr. Xi Goes to Moscow: For China’s Leader, It’s Russia First

    China’s new president, Xi Jinping, will make his first official foreign visit to Russia this month. Xi’s decision to make his first visit abroad to Russia suggests an effort to improve relations and cement their strategic partnership. Washington should pay attention to the growing ties between Moscow and Beijing. Since … More

    Chinese Cyber Attacks: Take Off the Kid Gloves

    Last week, Mandiant, a private company, released a report that identified a specific bureau of China’s military as responsible for hacking massive amounts of data over the past seven years, mostly from the U.S. Yet, the Obama Administration has been actively trying to avoid embarrassing China for fear of repercussions. … More

    Declining Economic Freedom and Growing Statism: The BRICs Are Hitting the Wall

    Economist Nouriel Roubini warned late last month at the World Economic Forum that economic growth in the so-called BRIC countries (Brazil, Russia, India, and China) is at risk: Their past successes were “hyped up,” and the futures of the BRICs are at risk due to rising statism. This rising risk … More

    Chen Guangcheng: A Profile in Courage

    The Heritage Foundation had the honor of hosting noted Chinese human rights activist Chen Guangcheng on January 30. He made several observations regarding the state of human rights in China. In Washington to accept an award from the Lantos Foundation for Human Rights and Justice, Chen then visited The Heritage … More

    North Korea Defies with Nuclear Test

    Pyongyang again disobeyed international efforts to rein in the recalcitrant regime by conducting its third nuclear test. North Korea announced it successfully conducted a test of a “miniaturized and lighter nuclear device with greater explosive force than previously.” Coupled with its successful launch of a long-range missile in December 2012, … More

    U.S.–China Trade: Don’t Let the Numbers Fool You

    The numbers for America’s trade in 2012 came out on Friday and, as usual, China is prominent. America’s goods trade deficit with China broke the $300 billion barrier, rising almost 7 percent from 2011 to $315 billion. Also, China was said to have passed the U.S. as the largest trading … More

    Free Trade Twist: China No Longer Cheapest Labor

    As wages in China rise with economic growth, some companies are beginning to look elsewhere for what was once China’s selling point: cheap labor. It just highlights the power that free trade provides—growing economies and raising living standards. Consider that wages in China are five times greater than they were … More