It’s no secret that big American cities like New York are awash in new luxury condos. But many of the people buying them aren’t locals: They’re investors from China and other Asian countries who are creating a huge foreign investment boom in American real estate.
Today marks the 40th anniversary of President Richard Nixon’s historic visit to China. In February 1972, in the final years of the Vietnam War, Richard Nixon flew to China to meet with Chairman Mao Zedong and Premier Zhou Enlai. The meeting has been memorialized as the triumph of Nixon’s career.
Over the next four years, President Obama will face a number of foreign policy issues, as regime change continues in the Middle East and as the United States withdraws from Afghanistan, but one of the Obama Administration’s most complex challenges is navigating our complicated relationship with China. Donald Gross, senior associate at the Center for […]
Business as usual just got more difficult with China. The House Intelligence Committee will formally call for the ban of two giant Chinese telecommunications companies, Huawei and ZTE, from operating in the U.S. market. A draft report says those two companies can’t be trusted to be free of Chinese state influence and so pose a security […]