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    Global Economics: When China Is Not Just China

    The People’s Republic of China’s (PRC’s) relationship with Iran receives a good deal of attention. As the U.S. considers how to stop Iran’s nuclear weapons program short of military action, the PRC is considered vital in ensuring economic sanctions are effective. But it has been difficult to win Chinese cooperation in applying sanctions. One mistake the U.S. may have made is treating China as a unified entity. It is true, of course, that the PRC has a tightly controlled political system. There is one ruling party, a powerless legislature, and … More

    Guest Blogger: Rep. Dave Reichert Says Trade is Best Stimulus

    President Obama’s trip to Asia this week comes at a critical economic time for American workers. With unemployment eclipsing 10 percent, it’s clear that the stimulus package passed by Congress has so far proven ineffective in getting Americans back to work. Free trade, a pillar of economic recovery that has been overlooked, plays a pivotal role in growing our economy and creating American jobs. Opening new markets to trade is a proven stimulus and job creator that comes without a several hundred billion dollar bill for taxpayers. Among the many … More