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Blog Post
October 07, 2021
After a lengthy review of the Trump administration’s trade policy toward China, the Biden administration unveiled its approach on October 4th. It is the conclusion of the Biden administration that structural inequities in trade relations remain, and that China is not compliant with Phase I of the ag...
Blog Post
January 19, 2021
Last week DFC announced that it signed a framework agreement with the government of Ecuador to refinance up to $3.5 billion of the country’s external debt to China. In exchange, according to reporting by the Financial Times, the Ecuadorian government will commit to exclude Chinese companies from its...
Blog Post
February 19, 2020
Increasingly, Washington views international financial organizations as weapons in the global struggle for the neoliberal economic model against China’s state-led approach to development. And often, the international financial institutions are the battlefield itself, in a conflict over voting s...
Blog Post
November 19, 2018
In warning APEC leaders last week of China’s “constricting belt” and “one-way road,” Vice President Mike Pence provided the clearest signal yet that the US approach to foreign assistance will be shaped, if not determined, by competition with China. In the cont...
Blog Post
October 11, 2017
One form of soft power is concrete enough. That is, it’s literally concrete. And by a measure of bricks and mortar, it’s clear that the United States is rapidly losing the soft power game to China. In fact, the contrast between the two countries on display this week in Washington is star...
Blog Post
June 14, 2017
The controversy surrounding the recent purchase of Venezuelan government bonds by Goldman Sachs is a great reminder of the role that “preemptive contract sanctions” could play in the struggle against odious regimes like that of Nicolas Maduro. In 2010, CGD released a worki...