China
Just Do It: Explaining the Characteristics and Rationale of Chinese Economic Sanctions
Just Do It: Explaining the Characteristics and Rationale of Chinese Economic Sanctions
While most economic sanctions are explicitly announced, Chinese economic sanctions tend to be vague — not explicitly announced. China rarely threatens sanctions — instead, it directly executes them. What explains these vague and executed Chinese sanctions?…
Estimating China’s Defense Spending: How to Get It Wrong (and Right)
Estimating China’s Defense Spending: How to Get It Wrong (and Right)
China’s defense spending is opaque, and China spends more on defense than its official 2024 defense budget of 1.67 trillion yuan ($232 billion) indicates. Some analysts claim China’s defense spending is equivalent to $700 billion, approaching the level of…