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Is Australia the key to US containment of China?

While the attention of the United States continues to be focused on the Middle East and the battle against IS — despite President Obama’s hope to “pivot to Asia” — China has been behaving in an increasingly aggressive way in the Eastern Pacific, claiming large swaths of ocean as its territorial waters. It has built artificial islands on reefs in ...

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China’s medical diplomacy

  Pending government approval, a group of 35 doctors and nurses based in Shanghai will soon become the nation’s first medical team to join the World Health Organization’s emergency response system, specializing in disaster relief. It’s a big step, but China is no tenderfoot. Long gone are the days of the chijiao yisheng, or “barefoot doctors,” when farmers with rudimentary ...

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Dividends are a better bet than share buybacks

  The biggest source of fresh cash in American equities isn’t speculators or exchange-traded funds — it’s companies buying their own stock, by a 6-to-1 margin. There’s been a lot of chatter about stock buybacks the past few years. Some people believe share repurchases are propping up the market; others think this is a myth, or a non-story. There is ...

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