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When the Senate Foreign Relations Committee holds confirmation hearings on Terry Branstad’s nomination to be Ambassador to China, the Iowa Governor is sure to be asked about the positions of the president who nominated him. I hope, though, that Branstad also has to answer for things he has said about another of his strongman friends: Xi Jinping.Late in 2012, just as Xi became
Escalating tensions between the U.S. and China will provide an uncomfortable backdrop to the meetings as policymakers grapple with economic uncertainty in the wake of stubborn inflation.
The overseas wealth of several relatives of senior Chinese leaders has come to light in an International Consortium of Investigative Journalists (ICIJ) report, part of the analysis by a group of media outlets of more than 11 million documents leaked from the Panamanian law firm Mossack Fonseca being called the Panama Papers.
David Wertime:A new strain of avian flu called H7N9 has infected at least seven humans and killed three in provinces near the Chinese metropolis of Shanghai, with the first death occurring on March 4. Meanwhile, in the last month, about 16,000 pigs, 1,000 ducks, and a few swans have been pulled dead from Chinese rivers.
On Aug. 18, China’s stock market plummeted by a vertigo-inducing 6.2 percent in one day of trading, part of a months-long decline that’s erased over $3 trillion worth of market value from the country’s equity markets. That followed last week’s surprise decision to allow the value of the renminbi (RMB), China’s currency, to fall several percentage points against the U.S.
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Joining Kaiser and Jeremy this week are David Wertime and Rachel Lu from Tea Leaf Nation, along with Paul Mozur from The Wall Street Journal. And our topic?