The Trump administration sent a characteristic mixed message on arms control: It announced a plan to quit the “Open Skies” agreement with Russia, even as it proclaimed its eagerness for a wider arms-control process that would include both Russia and China. Many analysts focussed on the treaty withdrawal as a sign of worsening relations with Russia, but I think there’s ...

The coronavirus has disrupted the world in very large ways. While that battle has been waged, however, another event has almost been missed: the birth of a new kind of fiat currency, which could forever reshape the relationship between money, economic power and geopolitical clout. An official Chinese digital yuan, more than five years in the making, is now in ...

Big spending numbers are being thrown around in China, once again. This time, it’s trillions of yuan of fiscal stimulus on all things tech. The plans are bold and vague: China wants to bring technology into its mainstream infrastructure buildout and, in the process, heave the economy out of a gloom due only partly to the coronavirus. But will this ...