Northeast Asia: Interdependence Without Integration

by Sandy Jin With the recent change in leaderships in China, Japan, and South Korea, questions have been raised about the opportunities and challenges facing the tripartite powers in an era of conflict and cooperation. Despite territorial disputes, China, Japan, and South Korea restarted free trade talks in November 2012, and promised to begin the first round of negotiations in early 2013. What are the … Continue reading Northeast Asia: Interdependence Without Integration

The Art of Adaptation

By Sihan Chen Doing business in China has never been an easy task for American companies. Despite the tremendous growth of the Chinese economy during the past few decades and the fact that China’s GDP is already half of the US’s, China typically accounts for only a small portion of the revenues and profits of American companies. This is primarily due to a few major … Continue reading The Art of Adaptation

The Role of Foreign Banks in Consumer Led China: The Need for Increased Competition

By Manuel Martinez During China’s Reforming and Opening-up efforts to gradually transform its economy into a quasi market economy, its financial system has been subject to constant modifications. China has set the ground rules to develop its financial system, from the creation of regulatory authorities and the modernization of state-owned banks to setting the framework for the participation of foreign banks.  As China has become … Continue reading The Role of Foreign Banks in Consumer Led China: The Need for Increased Competition

China’s Impending Thirst

by Samuel Kim Although the People’s Republic of China has grown exponentially over the past 30 years to become the second largest economy in the world today, it has not developed without a cost. Despite stellar indicators of growth such as an annual average GDP growth of 9.9 percent that has lifted 500 million people out of poverty, China still has a plethora of obstacles … Continue reading China’s Impending Thirst

Sino-African Relations During China’s Re-balancing

by Dennis Wang In a 2011 speech in Zambia, former Secretary of State Hillary Clinton commented, “We saw that during colonial times, it is easy to come in, take out natural resources, pay off leaders and leave,” referring to China’s increasing presence in Africa. While the public perception in America — where anti-China rhetoric is fierce — is that China is the new colonial power … Continue reading Sino-African Relations During China’s Re-balancing