Weifeng Zhong and Julian TszKin Chan | AEIdeas
James Pethokoukis | AEIdeas
Weifeng Zhong and Julian TszKin Chan writes: The upcoming visit to Washington by President Xi’s top aide Liu He will surely offer some clues as to how the trade talks will play out. But for those who think Mr. Liu will bring a major concession to the table, here’s our algorithm’s advice: Curb your enthusiasm. – American Enterprise Institute
Sean Kelly writes: There are more abstract considerations about the geostrategic consequences of China’s lunar goals. […] China wants to build a base that would be physically on the Moon, rather than orbiting around it. Having the two most powerful countries competing for territorial, resource, and scientific dominance on Earth’s Moon will increase the chances of conflict—especially because this jousting will take place in a relatively lawless environment. – Hudson Institute
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- Chinese investment around the world fell sharply in 2018. The decline was most evident later in the year and among state-owned enterprises. These companies also engaged in fewer power construction projects.
- The number of countries in the Belt and Road Initiative keeps expanding, but activity levels per country are flat. One explanation for weakness in various Chinese efforts to “Go Out” is caution in drawing down foreign exchange reserves.
- The US has restricted Chinese investment, but it was already small in size in 2018. Serious problems remain—for example, theft and coercive transfer of technology. Firms violating American law should face sanctions, not just investment bans.
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China Global Investment Tracker
Derek Scissors | AEI and the Heritage Foundation | January 2019 update
How to evaluate China’s economy
Derek Scissors | AEI | January 3, 2019
China’s global investment: Neither the US nor Belt and Road
Author | AEI | July 11, 2018
Be wary of spending on the Belt and Road
Cecilia Joy-Perez and Derek Scissors | AEI | November 14, 2018