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Many see China's rise as a threat to US leadership in Asia and beyond. Thomas J. Christensen argues instead that the real challenge lies in dissuading China from regional aggression while eliciting its global cooperation. Drawing on decades of scholarship and experience as a senior diplomat, Christensen offers a deep perspective on China's military and economic capacity. Assessing China's political outlook and strategic goals, Christensen shows how nationalism and the threat of domestic instability influence the party's decisions about regional and global affairs.
Public confidence in financial markets depends on the perception that they are fair and just, not distorted or manipulated to the advantage of particular traders. This is the story of those who have sought illicit advantages, and how markets and investors can protect themselves against the dark side of human nature.
"Worth the price of a drink at Starbucks"
J. is a smuggler living in Russia, making his living fencing the flotsam of communism's collapse. In Istanbul he takes a commission to trap an endangered Russian butterfly and decides to use it as an opportunity to smuggle V., his Russian lover who has no papers, back into her homeland. In the port of Odessa, she disappears, and J. continues alone to a small village on the Black Sea. Letters from V. begin to arrive, and as J. hunts the butterfly, he seeks a way to lure V. back into his life.
China’s rise poses two broad challenges for U.S. foreign policy: how to deter the People’s Republic from destabilizing East Asia and how to encourage it to contribute to mul-tilateral global governance.