Reports

The 2012 U.S.-China Museum Directors Forum, organized by Asia Society and the Chinese People's Association for Friendship with Foreign Countries, brought together 17 Chinese and 15 American museum leaders for a two-day dialogue to assess common...

The world’s second and third largest economies are engaged in a standoff over the sovereignty of five islets and three rocks in the East China Sea, known as the Diaoyu in Chinese and the Senkaku in Japanese. Tensions erupted in September 2012 when...

Among the emerging powers, China and India have long been critical to successfully addressing global health problems. Historically, infectious diseases that originated in either country have altered epidemiological patterns worldwide. The first...

This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private...

In coming decades, China will undergo a notable demographic transformation, with its old-age dependency ratio doubling to 24 percent by 2030 and rising even more precipitously thereafter. This paper uses the permanent income hypothesis to reassess...

This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimensions. The former is reflected as...

Can China’s growth rate still be among the highest in the world even if it slows from its current pace? And can it maintain this rapid growth with little disruption to the world, the environment, and the fabric of its own society? This report...

Women are crucial to China’s manufacturing sector. While women comprise more than 44% of the overall workforce, they represent about 60% of workers who migrate from rural areas to cities to work in factories. These female workers are diverse, with...

One of the main puzzles of modern population and social history is why, among all countries confronting rapid population growth in the second half of the twentieth century, China chose to adopt an extreme measure of birth control known as the one-...

As Xi Jinping takes office as president of China, the citizenry he governs is more sophisticated and interconnected than any before, largely because of the Internet. A complex digital censorship system—combined with a more traditional approach to...

Since the collapse of the Soviet Union, China and its Central Asian neighbors have developed a close relationship, initially economic but increasingly also political and security. Energy, precious metals, and other natural resources flow into China...

Despite the United States’ focus on the Middle East and the Islamic world for the past decade, the most important international political developments in the coming years are likely to happen in Asia. The Obama administration has promoted a “pivot...

Now close to 50 percent of GDP, this paper assesses the appropriateness of China’s current investment levels. It finds that China’s capital-to-output ratio is within the range of other emerging markets, but its economic growth rates stand out,...

China’s once-a-decade leadership change is currently underway in Beijing. The new leaders will take power at a crucial time for China, as it enters the third stage of its development since the revolution. How they deal with the challenges ahead will...

Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment-led growth and...

Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sector’s extensive industrial and financial linkages make it a special type of economic activity, especially where the credit creation...

In May 2012, the United States and China agreed publicly for the first time to begin talks on military aspects of cybersecurity. The agenda and expectations for this process at the official level remain to be set. Through Track 2 processes some very...

To build the case for a robust response to these opportunities and looming risks, this report analyzes Chinese investment in California in depth, mining a unique database for insights about California’s comparative advantages, the Chinese firms most...

China and North Korea have had an uneasy relationship in recent years. While the PRC has sometimes played the role of buffer state in North Korea’s dealings with the United States, South Korea, and other nations, Chinese leaders have also expressed...