This article appears in the August 2025 print edition with the headline “The New Arms Race.” ...

On the other, a cohort of fast-money global investors who are worried about rising government debt loads around the world and wield the power to send borrowing costs surging if their confidence is ...

China seeks to undo the ‘Century of Humiliation’ in which it ceded great territory to Moscow.

The Israel-Iran conflict has shown that Central Asia’s bid for strategic autonomy is deeply fragile. In a world of unraveling ...

Russia and China would be the first nuclear powers to sign a treaty barring use of the weapons in Southeast Asia.