Washington Update

January 13th, 2016
Stephanie Henry

January 13, 2016

China received just two mentions in last night’s State of the Union address by President Obama, highlighted below for your reference:
 
“I told you earlier all the talk of America’s economic decline is political hot air. Well, so is all the rhetoric you hear about our enemies getting stronger and America getting weaker. The United States of America is the most powerful nation on Earth. Period. It’s not even close. We spend more on our military than the next...

January 5th, 2016
Stephanie Henry

January 5, 2015

Congress’ approval of the 2016 Omnibus spending bill on December 18 contained one significant, positive measure for the US-China relationship: an increase in China’s stake in the International Monetary Fund (IMF). Congress had delayed voting on an IMF reform package for several years, leading some critics in China to view the inaction as part of a containment strategy to limit China’s influence in international institutions.
 
IMF reform had been a long-...