East Asia

Shaping the Asia-Pacific economic order

By Robert A. Manning and Olin Wethington

Twenty years after the Asian Financial Crisis, Asian economies are buoyant, working with a smartly reformed IMF to brace for future crises, and rhetoric aside, it will a while before China’s RMB challenges the US dollar as the world’s first reserve currency.

Shaping the Asia-Pacific economic order

By Robert A. Manning and Olin Wethington

Twenty years after the Asian Financial Crisis, Asian economies are buoyant, working with a smartly reformed IMF to brace for future crises, and rhetoric aside, it will a while before China’s RMB challenges the US dollar as the world’s first reserve currency.

Here’s what the new NDAA means for missile defense

By Matthew Kroenig

The National Defense Authorization Act (NDAA) passed by the US Congress in November prioritizes investments in homeland missile defense. US President Donald J. Trump has called for a “state-of-the-art” missile defense system and this new defense budget begins to take steps in that direction. The bill authorizes a $12.3-billion-dollar topline budget for the Missile Defense […]

Could North Korea Hit the United States with a Missile? Perhaps. Or, Maybe Not?

While it does not confirm any specifics regarding Pyongyang’s nuclear capabilities, North Korea’s latest test of an inter-continental ballistic missile (ICBM) indicates it may be able to strike the continental United States. According to the Pentagon’s initial assessment, the missile travelled approximately 1,000 kilometers before landing in the Sea of Japan. It flew higher and […]