China Reform Monitor: No. 1240
Beijing forcing "
zombie firms”
into bankruptcy;
Tensions and contradictions in Chinese economic policy 
Beijing forcing "
zombie firms”
into bankruptcy;
Tensions and contradictions in Chinese economic policy 
In Washington, conventional wisdom has long held that Iran's presence south of the U.S. border constitutes little more than an axis of annoyance. In this telling, Iran's activities in Central and South America - from numerous commercial and trade deals with various nations to the establishment of cultural centers throughout the region - are disorganized, opportunistic, and ultimately of little consequence.
China has already sunk $100 billion into the New Silk Road;
DPRK sells China fishing rights near maritime border with ROK
In a rare move, India expels three Chinese journalists;
ASEAN remains gridlocked after UNCLOS Tribunal
Years from now, historians are sure to view the nuclear deal concluded last year between Iran and the P5+1 powers - the U.S., U.K., Russia, China, France and Germany - as the greatest foreign policy achievement of President Obama's second term. But it is far less clear that they will see the agreement as having advanced America's strategic interests.