A 'Hedge' Strategy Toward China

Fareed Zakaria, Washington PostTwo years ago Barack Obama was superman. Now he can't do anything right. His trip to Asia has been reported as a failure because he didn't get a trade deal with South Korea or a currency devaluation from China. But the visit had broader purposes and was largely successful at those, though this is just the start of a complex set of foreign policies that should constitute the core of a new American grand strategy.For the negative reporting, Obama has only himself to blame. Doubtless egged on by his political advisers, Obama cast his trip to Asia as about jobs, jobs, jobs. If the...

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