Despite the uncharacteristic competitiveness of the upcoming Kyrgyz presidential election, both candidates have similar foreign policy goals: rapprochement with Russia and deepening financial ties to China.

We stand at a crossroads. The U.S. and China can either enter a costly and damaging trade war, or they can negotiate a better alternative. Getting trade relatio

The scale of all sorts of debt in the US, including federal government debt, corporate debt, household debt, and private debt is nearing an all-time high. Evidence suggests a new debt crisis is mounting.

America stands to benefit from Trump’s tax plan, but there are significant hurdles in its way.

Trade imbalance has been an ongoing source of tension between the U.S. and China. According to U.S. statistics, U.S. trade deficit with China in 2016 amounted to $347 billion, or 47% of its total deficit in merchandise trade.

It seems as if U.S. President Donald Trump is intent on perpetrating a dangerous fallacy: to impose tariffs on American imports to lower the trade deficit. These moves are coming despite the fact that the most prominent critic of China’s trade practices in the U.S. administration, Steven Bannon, has left the White House. Why is the Trump administration so enamored by tariffs, a trade policy more commonly employed a hundred years ago?

For more than a decade, China and the United States have been engaged in a game of tit-for-tat technology protectionism, which now threatens to escalate into a wider high-tech trade war. But protectionism need not be met with protectionism. There is another route to deescalate this conflict: via the World Trade Organization.

Over the last decade, China has been working to shift from a manufacturing-led growth model fueled by low-cost labor to an innovation-led, higher-value-added model underpinned by strong productivity gains. Currently, though China is the world’s most populous country and its second-largest economy, and the country’s urbanization rate remains well below the global average.

Trump’s proposed corporate tax cuts are undercutting China. China should respond in kind.

China has articulated financial integration as one of the five priority areas for its Belt and Road initiative, and we should not overlook the momentum that this massive project might bring to regional financial integration. Over the past two years, Beijing has elaborated ways in which financial connectivity, new investment opportunities, and regulatory and supervisory cooperation might bring about a greater flow of capital within Belt and Road countries.