Global Economics: When China Is Not Just China
The People’s Republic of China’s (PRC’s) relationship with Iran receives a good deal of attention. As the U.S. considers how to stop Iran’s nuclear weapons program short of military action, the PRC is considered vital in ensuring economic sanctions are effective. But it has been difficult to win Chinese cooperation in applying sanctions. One mistake the U.S. may have made is treating China as a unified entity. It is true, of course, that the PRC has a tightly controlled political system. There is one ruling party, a powerless legislature, and … More
