We often hear that China “manipulates its currency” and harms the U.S. economy. Some say if we punish China as a manipulator or slap tariffs on Chinese goods it would reduce our trade deficit. But what does currency manipulation mean? More importantly, would tariffs on Chinese goods help our economy?

After the tribunal’s categorical ruling on the South China Sea, China’s new strategy could be to lower the temperature by reframing the issue away from rocks, sand and physical territory. It could then seek to reframe the issue around the potential multilateral benefits of China’s Maritime Silk Road concept.

Using his recent election win to focus on restoring Japan’s military would be abusing the mandate sanctioned through the democratic process. The election was won on economic issues and fears, and that should be the prime minister’s top priority.

Hosting the G20 Hangzhou summit will boost China’s reform and will be a new starting point for China’s growth and development. The Hangzhou summit will also set a new vision for the G20 and shape a new pattern for global economic growth, thus benefiting the entire international society.

“Dollar liquidity shortage” is inevitable in the future, and improving liquidity management including cross-border capital flow and monetary reserves is the key to systematic risk control and crisis management. A global macro-prudential supervision frame should be established to supervise the cross-border capital liquidity as the core target and measure for capital management.

An outflow of capital from China, and the trade deficit it has created for rich countries and especially the United States, has led to an enormous gap in demand. The key route to reducing the trade deficit is a lower value of the dollar, which would require China to decrease its foreign reserves. As negotiations work, this would mean the United States would have to make concessions in other areas of the bilateral relationship.

It is not a good time for American supporters of trade and investment with China. For political reasons, protectionist steps by the U.S. may be unavoidable in 2017. In the name of “making China play fair,” trade barriers risk hurting ordinary Americans and offering little in the way of gains. Derek Scissors argues that it is important to recognize that some policies are more justified and less dangerous than others.

The accuracy of China’s official GDP and growth rates has long been a hotly debated topic, with the detention in January of Wang Baoan, the director of the country’s National Bureau of Statistics, on graft charges intensifying doubts about the agency’s integrity.

It is no secret that America’s infrastructure has been crumbling for years. Even the $305 billion highway bill that was signed in last December by Congress is only a drop in the water. However, the solutions to improving our infrastructure present an unforeseen opportunity to bring together the two largest economies in the world.

Many of the new climate change-related developments within the Strategic and Economic Dialogue emerged from a summit that brought U.S. and Chinese policymakers and private sector leaders together to establish cooperative relationships. Benjamin Reynolds describes some of the interesting and practical agreements on energy and climate change between private and public sectors, but also reminds us that previous climate accords have always struggled to enforce climate targets that are often conveniently forgotten after big summits.