States can leverage their currency to boost exports and expand their influence in international financial markets. Chinese leaders exercise considerable autonomy over the value of the RMB, yet critics have taken issue with how Beijing uses its monetary policies to promote its interests.
After decades of near double-digit growth, Chinese leaders have turned to using turbo-charged stimulus financing to maintain moderate growth. However, China’s credit expansion has contributed to growing financial vulnerabilities. Learn more about China’s debt concerns with this ChinaPower exclusive.
As a vital artery of trade for many of the world’s largest economies, the South China Sea has garnered significant attention. Reports on the South China Sea frequently misrepresent the value of trade that annually transits the waterway. Learn more about trade flows in the region with this ChinaPower exclusive.
Decades of economic growth have enabled China’s leaders to make considerable strides in increasing food access across the country, but China’s economic boom has generated a new set of demographic demands and environmental strains.
China’s Belt and Road Initiative aims to enhance the country’s connectivity with the world through developing infrastructure and cultural ties. Economic integration and development under this initiative can further strengthen China’s power in Eurasia and beyond.
ChinaPower hosted its inaugural conference on November 29, 2016. The conference featured Senator Dan Sullivan as the keynote speaker.
China’s is the world’s second largest economy in terms of gross domestic product and and the largest in terms of purchasing power parity. How China leverages its considerable economic strength has a profound impact on the global economic order.
Many worry that China’s ownership of American debt affords the Chinese economic leverage over the United States. This apprehension stems from a misunderstanding of sovereign debt and of how states derive power from their economic relations.