China

A bipolar US policy towards China and Syria

BY CHRISTINA LIN
In psychology, bipolar individuals exhibit unusual mood swings and engage in contradictory actions. Unfortunately, nations can manifest the same dysfunctional behavior.This appears to be the case with US policy towards China and Syria.

China’s Next Stimulus


Project Syndicate, Yu Yongding
BEIJING – Since last November, economists and the media alike have been hailing supply-side structural reform as a groundbreaking solution to China’s economic woes. After all, the logic in China goes, demand-side policies, in the form of Keynesian stimulus measures, are useful only for resolving short-term and aggregate problems. Because China’s problems are long term and structural, the country should be focused on supply-side structural reform, even if it means accepting slower GDP growth. Is this the right approach?

Indonesia vows to prosecute Chinese trawler crew in South China Sea dispute

the guardian
Indonesia has refused Chinese demands that it release eight fishermen arrested for illegal fishing, and accused China on Wednesday of sharply raising tensions in the region by helping take back the crew’s seized boat.

China’s Incompatible Goals


Project Syndicate, Carmen Reinhart
CAMBRIDGE – As Chinese policymakers attempt to address what ails their country’s economy, they are pursuing two goals that will almost certainly turn out to be incompatible. Very seldom have central banks been able to maintain a fixed exchange rate over an extended period of time while providing liquidity to troubled banks and an ailing economy.

China and the Future of Commodity Prices


Project Syndicate, Abdul Abiad and Shang-Jin Wei
MANILA – There is no doubt that China’s ongoing growth slowdown has had far-reaching effects on the global economy. But its role in the sharp fall in commodity prices that has occurred since 2014 – an outcome that has been devastating for commodity-exporting countries, including once-dynamic emerging economies – is more limited than the conventional wisdom suggests. In fact, China’s slowdown is only a part of the commodity-price story.

Prelude to war with China?


BY MARK J. VALENCIA
SPECIAL TO THE JAPAN TIMES

KANEOHE, HAWAII – The South China Sea contretemps has taken a decided turn for the worse. The United States has upped the ante in its contest of wills with China by deploying an aircraft carrier strike group to the South China Sea. This came on the heels of a warning from U.S. Secretary of Defense Ash Carter of “specific consequences” for China’s continued “aggressive” actions in the Sea.

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