Beijing is challenging the world's economic and financial order. Americans had better get used to it.
By Daniel W. Drezner | Newsweek Web Exclusive
May 20, 2009 | Updated: 5:21 p.m. ET May 20, 2009
President Obama has finally selected his ambassador to China—and not a moment too soon. Because Ambassador-designate Jim Huntsman was a rumored GOP presidential candidate for 2012, most of the press reaction has been about the domestic political ramifications of the pick. This inside-the-Beltway focus overlooks a minor fact: Huntsman is about to become the point man for the most important bilateral relationship in the world.
The Chinese government has not been sitting idly by while the Obama administration has gotten into gear. Put another way, there has been chaos under heaven, and Beijing's situation is excellent. Over the past two months, Beijing has made a series of moves that
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