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What’s next for poverty reduction policies in China?

Earlier this year China’s government announced that it had eradicated absolute poverty, measured against a standard equivalent to $2.30 per person per day applied to rural areas. The latest Household Survey on Income, Expenditure and Living Conditions data by China’s National Bureau of Statistics, available for the year 2018, suggest that against an international poverty…

Wonking Out: This Might Be China’s ‘Babaru’ Moment

AdvertisementContinue reading the main storyOpinion Paul Krugman Sept. 24, 2021 Credit…Jade Gao/Agence France-Presse — Getty Images OK, who ordered that? You’d think that between Covid-19, climate change and U.S. democracy under siege, we would already have enough crises on our plate. A potential Chinese financial meltdown is the last thing we need. Yet here we…

A Journey Along the River That Separates Russia From China

AdvertisementContinue reading the main story Nonfiction Fishermen checking their nets on the Amur river not far from the indigenous village of Sikachi-Alyan.Credit…Sergey Ponomarev for The New York Times Amazon Apple Books Barnes and Noble Books-A-Million Bookshop IndieBound When you purchase an independently reviewed book through our site, we earn an affiliate commission. By Ben EhrenreichSept.…

China Has Only Itself to Blame for AUKUS

Late last week, the White House announced the creation of a new trilateral defense partnership among Australia, the United Kingdom, and the United States. At the heart of this new partnership, known as AUKUS, was the announcement that Washington and London would help Canberra develop and deploy nuclear-powered submarines.China was not mentioned in this announcement,…

China’s crypto ban has almost achieved a ‘meme-like status,’ but here are the lingering impacts

China has intensified its crackdown on cryptocurrencies, as the country’s central bank, securities regulators and supreme court on Friday declared all crypto-related transactions illegal.  Though the world’s second largest economy has been rolling out different measures to constrain crypto trading and mining since 2013, the latest crackdown is by far the most harsh and comprehensive one,…

Meng’s release could eliminate a source of friction between China and the Biden administration.

AdvertisementContinue reading the main storyMeng Wanzhou U.S. and Chinese flags at the site of a meeting between Presidents Donald J. Trump and Xi Jinping in Osaka, Japan, in 2019.Credit…Erin Schaff/The New York TimesSept. 24, 2021 The deal to release Meng Wanzhou could reduce a nettlesome conflict in U.S.-China relations.President Donald J. Trump took an aggressively…

China Is a Declining Power—and That’s the Problem

Why do great powers fight great wars? The conventional answer is a story of rising challengers and declining hegemons. An ascendant power, which chafes at the rules of the existing order, gains ground on an established power—the country that made those rules. Tensions multiply; tests of strength ensue. The outcome is a spiral of fear…

Latin America Shouldn’t Be a Pawn in U.S.-China Rivalry

Latin America is caught in the middle of the intensifying U.S.-China rivalry and faces some uncomfortable choices in geopolitics, commerce and future trajectories. Yet the heightened attention of both superpowers also gives Latin America’s leaders the chance to benefit their peoples and economies by engaging, negotiating, and when possible, avoiding a zero-sum choice between the…