May 14, 2026 | View in Browser

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Outside the Great Hall of the People in Beijing, China, May 2026

China Was Ready for the Age of Anarchy

Why Turbulence Will Make Beijing More Assertive

By Sam Chetwin George

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A cargo ship at the port of Oakland, California, February 2026

The Illusion of Reciprocity

Trump’s Self-Defeating Trade Policy

By Inu Manak and Allison Smith

Police officers at Tiananmen Square, Beijing, March 2026

What the Iran War Means for China

Beijing Fears American Volatility More Than American Power

By Zongyuan Zoe Liu

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A Timely Analysis of Transformations to the Global Trading System

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A Ukrainian soldier walking near buildings damaged by Russia, Orikhiv, Ukraine, March 2026

A Flawed Formula for Peace in Ukraine

Trump Can’t End a War With a Real Estate Transaction

By Samuel Charap and Jennifer Kavanagh

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