No major transnational problems will be solved without some cooperation between the United States and China. It is imperative that the two countries avoid a further deterioration of the relationship and instead identify areas of potential cooperation.

The United States should aim for a version of reciprocity that allows it the flexibility to maximize pressure on the broad range of Chinese industrial policy concerns while leaving a clear route to negotiations.

Overview Financial crises in the 1930s and 1970s showed the world that economic instability results when demand for international liquidity allows a small number of countries to run up massive deb…

Overview In 2010, when China's economy was expanding at an annual rate of more than 10 percent, the world pondered the ripple effects of what many observers thought would be another decade of spec…