China’s admission to the World Trade Organization (WTO) in December 2001 increased foreign participation in and advanced the reform of China’s financial sector, but critical issues, not covered by the terms of accession, are still outstanding. For example, how and how fast should China liberalize... MORE

The China State Council’s decision to expand administrative control over two islets in the South China Sea has reignited a long-standing dispute with Vietnam over sovereignty in the South China Sea. Citing Hong Kong media sources, the China Times reported that the China State Council... MORE

Tehran is again on the agenda of the U.S-China security relationship since the release of the recent National Intelligence Estimate (NIE), which concluded that Iran had “halted,” among other things, engaging in the development of nuclear weapons since 2003. President George W. Bush and Secretary... MORE

On the surface, China’s recent decision to support a more stringent United Nations (UN) sanctions regime against Iran, sanctions targeting Iran’s banking and financial sector as well as the ability for Iranian officials and other notables to travel abroad, represents a victory for U.S.-led diplomacy... MORE

On the surface, China’s recent decision to support a more stringent United Nations (UN) sanctions regime against Iran, sanctions targeting Iran’s banking and financial sector as well as the ability for Iranian officials and other notables to travel abroad, represents a victory for U.S.-led diplomacy... MORE

Large-scale air and naval maneuvers off China’s southeast coast last week demonstrated the post-17th Party Congress leadership’s determination to project hard power in view of escalating tension in the Taiwan Strait. The week-long war games, which coincided with Beijing’s sudden cancellation of the USS Kitty... MORE