http://www.project-syndicate.org/about_us/rss Project Syndicate - China Stands Up Series en 14:52:35 19-Mar-2010 webmaster@project-syndicate.org http://www.interglacial.com/rss/about.html China’s Bad Debtor http://www.project-syndicate.org/commentary/yu2/1 China’s foreign-exchange reserves are facing a triple whammy: a decline in the US dollar’s purchasing power, a fall in the prices of US government securities, and possible inflation in the longer run. If the US government cannot safeguard the value its securities, it should compensate China in one way or another. Bankruptcy Comes to China http://www.project-syndicate.org/commentary/xwang1/1 China’s businessmen have always needed resilience, but now they must become accustomed to the specter of bankruptcy. For China now has a bankruptcy code with teeth, and the country’s courts are beginning to enforce it with rigor. China’s Cyber-Warriors http://www.project-syndicate.org/commentary/chellaney6/1 China deploys tens of thousands of “cyber police” to block Web sites, patrol cyber-cafes, monitor the use of cellular telephones, and track down Internet activists. But China's real threat to cyberspace comes comes from the way in which it uses its know-how to engage in cyber intrusion across international frontiers. Managing China’s Crisis Management http://www.project-syndicate.org/commentary/yu1/1 The Chinese government has signaled that it is beginning its exit from expansionary measures aimed at mitigating the impact of the global financial crisis and recession. A change of policy can't come soon enough: China’s long-term growth prospects may be seriously affected if the authorities fail to tackle the economy’s structural problems head on. China’s Excess-Capacity Nightmare http://www.project-syndicate.org/commentary/deweaver2/1 In sector after sector, Mao Zedong's dream of attaining higher industrial output in China than in the West has finally been realized. For Chinese central planners, however, the country's hypetrophied industrial base has become a cause for alarm rather than celebration. Obama’s Chinese Balance Sheet http://www.project-syndicate.org/commentary/wzhang1/1 On balance, Obama’s first trip to China achieved relatively little. Moreover, what he did achieve looks superficial, while what he gave up – concessions on China's political prisoners or its exchange-rate policy - seems substantial. The Summit of Low Expectations http://www.project-syndicate.org/commentary/shirk1/1 In the run-up to President Barack Obama’s first visit to China next month. American and Chinese diplomats have been compiling lists of ongoing cooperative endeavors in case no new agreements materialize. Indeed, that outcome appears highly likely. China’s Short March http://www.project-syndicate.org/commentary/oschell19/1 China’s government is making massive preparations for a grand National Day parade in Beijing’s Tiananmen Square to celebrate both the 60th anniversary of the PRC’s founding and the 30th anniversary of Deng Xiaoping’s program of “reform and opening up.” And, while the country is humming with energy, money, plans, leadership, and forward motion, the West seems paralyzed. A New Sino-American Relationship? http://www.project-syndicate.org/commentary/oschell18/1 The Strategic and Economic Dialogue between the US and China has now ended with the establishment of a felicitous new atmosphere between the two countries. But, while the most logical and potentially fruitful area of collaboration is climate change, huge obstacles to progress remain. Shining a Light on Climate Change http://www.project-syndicate.org/commentary/kimoon11/1 NEW YORK – A light bulb may not be the first thing that springs to mind when thinking about revolutionary technology.  Yet science and smart policy have the potential in today’s world to transform an ordinary household object into a revolutionary innovation. The China-US Climate Duet http://www.project-syndicate.org/commentary/cwu1/1 Without active collaboration between the US and China, the odds for successful negotiations in Copenhagen this December to secure a successor treaty to the Kyoto Protocol will be diminished. Indeed, absent such cooperation, it is unlikely that any meaningful remedy would be found in time to arrest rising global temperatures. Crony Central Banking in Hong Kong http://www.project-syndicate.org/commentary/shaw10/1 Joseph Yam, the head of the Hong Kong Monetary Authority (HKMA) and a career civil servant, is retiring. Choosing his successor provides an important opportunity to send the right signal that Hong Kong stands for good public governance rather than cronyism.