Everyone in the Chinese economic world knows that the country is not going to move out of cheap-workhouse status, toward the realm of 'real' rich-country corporate power and prosperity, unless (among other changes) it begins removing these price distortions.
James FallowsThe Hawk and the Dove is a wonderful idea for a book, wonderfully carried out. Nicholas Thompson has used illuminating new material to present each of his protagonists in a convincing, respectful, but unsparing way. Even more valuable, he has used the interactions and tensions between Paul Nitze and George Kennan to bring much of American 20th century foreign policy to life, with human richness ever present but with the big issues clear in all their complexity.
James FallowsThe amazing thing about Trump is that he is so completely predictable. Hillary Clinton knows that if she teases him about either his wealth, his taxes, the women who are coming after him or his preposterous claims of being against the Iraq war, he cannot resist.
James FallowsEnvironmental disaster is the gravest threat to China's continued development. That's according to me, but it is not some wacko view.
James Fallows