U.S. Policy
Miscellaneous, U.S. Policy »
The value of the dollar has taken a hit as rumors spread that oil producers are exploring a scheme to price oil in a basket of currencies instead of the U.S. dollar. (The Wall Street Journal subsequently reported that Gulf officials “strongly denied” the rumors.)
This week’s news follows a year in which more and more banks and foreign governments have voiced concern that the U.S. dollar will weaken in the coming years. This has been discussed most openly in Asia, where China and Japan’s massive foreign exchange reserves are at risk.
But should demand for the dollar fall significantly, it is the United States that would suffer most. The U.S. could face a crippling debt crisis unlike any previous economic crisis we have faced in the last two centuries.
China, Miscellaneous, Publications, U.S. Policy »
Date: 9 January 2008.
Publication: Far Eastern Economic Review.
Author: Daniel Michaeli.
North Korea’s nuclear program is a danger not only to the United States, but also to China. A proliferation crisis, particularly in the Middle East, would carry consequences compromising the delicately balanced domestic economic and social stability that China’s leaders strive to maintain. In order to preserve its own interests, China must prevent such a crisis from occurring.
China, Publications, U.S. Policy »
Dates: 28-29 April 2006.
Keynotes: Christopher R. Hill, U.S. Assistant Secretary of State for East Asian and Pacific Affairs; Peter W. Rodman, U.S. Assistant Secretary of Defense for International Security Affairs; and Wang Guangya, Ambassador of the People’s Republic of China to the United Nations.
Panels: Politics and Society in China; China, the United States, and the World; U.S. Business and Government – Responding to the China Challenge; and China’s Future in the Age of Globalization.
China, Press, U.S. Policy »
Media: The University of Chicago Chronicle.
Clip: “If we bring the best thinkers in the field together, we can create an outstanding environment for discussion and dialogue about China today and China tomorrow,” Michaeli said. “I believe we are bringing something extraordinary to campus.”