From U.S. President Donald Trump's trade war to AI developments, 2025 has been full of dramatic twists and turns. One of the most consequential takeaways is to never, ever underestimate China.

Now is a time when most of us sit back and reflect on the past year and on how to do better in the year ahead. Since I know, however, that economic policy makers inside the Beltway are often too busy ...

The country, left for dead at the onset of 2025, turns out to be the only other economic superpower that matters ...