• F-35 Sales Are America’s Belt and Road

    F-35 Sales Are America’s Belt and Road

    • September 22, 2019

    By Jonathan D. Caverley, Ethan B. Kapstein and Srdjan Vucetic

    While China’s Belt and Road Initiative has captured the headlines, the network of alliances based around Lockheed Martin’s F-35 Lightning II offers advanced technology and close ties to the United

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  • 30 Years After Tiananmen: Democracy More Urgent than Ever

    30 Years After Tiananmen: Democracy More Urgent than Ever

    • May 30, 2019

    In early May, US State Department Director of Policy Planning Kiron Skinner was rebuked in China’s English-language media for characterizing US–China relations as a “clash of civilizations.” Skinner’s rhetoric reflects a Cold War mentality that overlooks centuries of mutual contact …

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  • Conceptualising Markets

    Conceptualising Markets

    • May 11, 2019

    By Pascale Massot and Julian Gruin

    Markets are ubiquitous in contemporary everyday life and society as well as central features of the global economy. Markets have political, economic, social, and cultural origins, as well as consequences. But in the public …

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  • What Makes a Market Economy?

    What Makes a Market Economy?

    • May 11, 2019

    By Alice Chessé

    What makes a market economy? To many, the answer is simple: they are countries where the market is the main mechanism of resource allocation. Yet, this intuitive definition is at odds with the political impact of the …

    By CIPS
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  • China, State Capitalism, and the Global Financial Order

    China, State Capitalism, and the Global Financial Order

    • May 11, 2019

    By Johannes Petry

    In 1989, capital markets did not exist in China. Fast forward to 2018, China’s capital markets have become the second largest equity markets, second largest futures markets, and third largest bond markets in the world. More …

    By CIPS
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  • A Bad US–China Trade Deal Might Lead to Good Things for the WTO

    A Bad US–China Trade Deal Might Lead to Good Things for the WTO

    • March 2, 2019

    When President Donald Trump announced that the United States was going to delay hiking tariffs on Chinese goods, investors breathed a sigh of relief. Here was a reduction in the risk of an escalation in the trade spat between the

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