“military means alone are not capable of defeating the insurgency.”
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“there are questions that are being asked not only in the U.S. but other parts of Asia and Europe about how China will use this growing power.”
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“Closed politics cannot be a permanent feature of Chinese society, ... It is simply not sustainable.”
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“Closed politics cannot be a permanent feature of Chinese society. It is simply not sustainable,”
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“needs a political transition to make its government responsible and accountable to its people.”
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“We are too interconnected to try to hold China at arms length, hoping to promote other powers in Asia at its expense.”
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“cannot take access to the U.S. market for granted.”
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“We are too interconnected to try to hold China at arms length, ... It is time to take our policy beyond opening doors to Chinas membership into the international system, we need to urge China to become a responsible stakeholder in that system.”
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“China -- and others that sell to China -- cannot take its access to the U.S. market for granted,”
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“Both are already major influences in world trade. Their participation in the WTO will be a boost for us and them.”
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The Congress has had an uneasy relationship with banks and bankers since Alexander Hamilton. It took the United States until 1913 to set up a central bank. The Federal Reserve earned its hard-won independence over years of effort.
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When I work with countries struggling to pay for budgets or finance trade deficits, I reflect on how Americans do not spend a moment considering the unique advantages of being able to issue bonds and print money freely.
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When I consider a problem, it is now instinctive for me to think about the institutions involved, the authorizing environment, possible coalitions, likely opposition, implementation, legal issues, resource dimensions, communications - and how the problem fits into a stream of other issues.
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