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52. Carving Status at Kŭmgangsan – A Book Talk by Maya Stiller
- Author:
- Maya Stiller and Seong Uk Kim
- Publication Date:
- 03-2023
- Content Type:
- Video
- Institution:
- Weatherhead East Asian Institute, Columbia University
- Abstract:
- A 50-minute talk followed by Q and A with Maya Stiller, Associate Professor of Korean Art History & Visual Culture in the Art History Department at the University of Kansas, on Dr. Stiller’s recent book, "Carving Status at Kŭmgangsan," winner of the American Historical Association’s 2021 Patricia Buckley Ebrey Prize. Dr. Stiller’s book focuses particularly on elite graffiti in late Chosŏn Korea (17th to 19th centuries).
- Topic:
- History, Arts, and Graffiti
- Political Geography:
- Asia and Korea
53. Factual Fiction Versus Autobiography – Marie Myung-Ok Lee on The Evening Hero
- Author:
- Marie Myung-Ok Lee
- Publication Date:
- 03-2023
- Content Type:
- Video
- Institution:
- Weatherhead East Asian Institute, Columbia University
- Abstract:
- The alchemical magic of fiction means it can involve not just the stories of people, but places and history can be characters on their own. Fiction can tell us about lives people lived with the same truths as a history book, but a different approach. Humans naturally want story, and also truth. It’s a time honored way to create characters and lives based on people we know. But what is it like to write backwards into things we don’t know, but wish we did? Author Marie Myung-Ok Lee speaks about how her family stories—and also silences--of migration and war, her trip to North Korea, and other research informs the fictional world of "The Evening Hero," a winner of a Columbia Humanities War & Peace Initiative Grant.
- Topic:
- Migration, War, History, Literature, Narrative, and Fiction
- Political Geography:
- Asia and North Korea
54. Public Attitudes Towards Social Spending: Evidence from Hong Kong and Singapore
- Author:
- Alfred M. Wu and Qin Gao
- Publication Date:
- 02-2023
- Content Type:
- Video
- Institution:
- Weatherhead East Asian Institute, Columbia University
- Abstract:
- This lecture examines the psychosocial impact of rural-to-urban migration on youth in China using a multisystemic resilience framework and discusses potential interventions to promote more sustainable and equitable urbanization. This event is part of the 2022-2023 lecture series on “Urbanization, Well-being, and Public Policy: China from Comparative Perspectives” and is sponsored by the Weatherhead East Asian Institute and cosponsored by Columbia's China Center for Social Policy.
- Topic:
- Migration, Urbanization, Youth, Urban, and Rural
- Political Geography:
- Asia, Singapore, and Hong Kong
55. Mongolia Between Two Giants: Cold War Lessons and Today’s Realities
- Author:
- Batbayar Tsedendamba, Segey Radchenko, Morris Rossabi, and Elizabeth Wishnick
- Publication Date:
- 02-2023
- Content Type:
- Video
- Institution:
- Weatherhead East Asian Institute, Columbia University
- Abstract:
- Ambassador Batbayar will discuss Mongolia’s effort to achieve a delicate balance between its two big neighbors, namely Russia and China, and between the Russian Federation and its so-called “third neighbor” [democratic partner] countries. Since the Russian invasion of Ukraine, Mongolia has endeavored to stay as neutral as possible both between Russia and China, and between Russia and the West. This contrasts with the Cold War period, when Mongolia was faced with intense confrontation between its two giant neighbors: Russia and China. At that time, Mongolia had no other choice but to enter into an alliance with Moscow. Today Mongolia is again facing the old dilemma about maintaining equidistance from its two giant neighbors: Russia and China. But unlike Cold War era, Mongolia has developed extensive relations with “third neighbor countries”; namely the USA, the EU, Japan and South Korea all have an enormous stake in Mongolia’s future as a democratic and prosperous country. Therefore, Ulaanbaatar has a great dilemma between short-term economic gains from ties with Moscow and Beijing or a long-term commitment to Western democracy and freedom.
- Topic:
- Cold War, Diplomacy, History, Regional Politics, and Russia-Ukraine War
- Political Geography:
- Russia, Ukraine, Mongolia, and Asia
56. Treason by the Margins of the Book: Censorship, Philology, History and Memory in 18th Century China
- Author:
- Zvi Ben-Dor Benite and Eugenia Lean
- Publication Date:
- 01-2023
- Content Type:
- Video
- Institution:
- Weatherhead East Asian Institute, Columbia University
- Abstract:
- This talk brings from the archives a hitherto unknown case of a minor scholar from Northern China who punished brutally for writing 16 characters about “barbarians” that he wrote on the margins of a forgotten 3rd century book. The talk traces the history of case all the way back to the 3rd century, and analyses it by looking at the scholarly and familial lineages to which it belonged. Looking at the ethnographical dimensions of the case we then turn to discuss what it means for New Qing History and particularly Qing ideology during the Qianlong period.
- Topic:
- History, Memory, Censorship, Qing Dynasty, and Philology
- Political Geography:
- China and Asia
57. Reading The Backstreets in Ürümchi: Translation as Ethnographic Method and Practice of Refusal
- Author:
- Darren Byler and Andrew J. Nathan
- Publication Date:
- 02-2023
- Content Type:
- Video
- Institution:
- Weatherhead East Asian Institute, Columbia University
- Abstract:
- While conducting ethnographic fieldwork in Northwest China in 2014, anthropologist Darren Byler found that a Uyghur language novel, The Backstreets, helped Uyghurs to narrate their own stories. By shifting the frame of the narrative of colonial violence away from the authority of the state toward the work it takes for the colonized to live, this difficult, absurdist fable gave young Uyghurs a way to articulate experiences of dehumanization and rage. With its English-language translation and publication, it also gave the novelist, Perhat Tursun, a way of refusing his own silencing through censorship and, ultimately, imprisonment. The Backstreets in Ürümchi is a novel by Perhat Tursun, a leading Uyghur writer, poet, and social critic from the Xinjiang Uyghur Autonomous Region. Perhat Tursun has published many short stories and poems as well as three novels, including the controversial The Art of Suicide (1999), decried as anti-Islamic. In 2018, he was detained by the Chinese authorities and was reportedly given a sixteen-year prison sentence. Byler was a cotranslator with ‘Anonymous,’ who disappeared in 2017, and is presumed to be in the reeducation camp system in northwest China. This event would be meaningful to students and faculty in many different areas of the university including the above proposed cosponsors, and students of China and Inner Asia.
- Topic:
- Culture, Minorities, Ethnography, Literature, Language, and Uyghurs
- Political Geography:
- China, Asia, and Xinjiang
58. The Sino-Russian Partnership Assumptions, Myths and Realities
- Author:
- Bobo Lo
- Publication Date:
- 03-2023
- Content Type:
- Special Report
- Institution:
- Institut français des relations internationales (IFRI)
- Abstract:
- When Xi Jinping and Vladimir Putin announced a “no limits friendship” at their February 2022 summit, the message was that Beijing and Moscow had reached a new peak in relations. Yet Putin’s invasion of Ukraine has exposed the limits of Sino-Russian partnership and highlighted their sometimes diverging interests. Far from being an authoritarian alliance, this is a classic great power relationship centered in realpolitik. China and Russia are strategically autonomous actors, with fundamentally different attitudes toward international order. The Sino-Russian partnership remains resilient. Both sides recognize that it is too important to fail, especially given there are no viable alternatives to continuing cooperation. Nevertheless, the balance of power within the relationship is changing rapidly. Russia’s geopolitical and economic dependence on China is greater than ever. Although predictions of a clientelist relationship are premature, this widening inequality represents a major long-term source of weakness. The challenges Beijing and Moscow pose to Western interests are largely separate and should be addressed individually on their merits. Equally, it is naive to imagine that reaching out to either side could help loosen their strategic partnership. Western governments should focus instead on upping their own game—from revitalizing democracy and the rule of law at home to addressing universal threats such as climate change and food insecurity. Bobo Lo is an Associate Research Fellow with the Russia/NIS Center at Ifri. He is also a Non-Resident Fellow with the Lowy Institute, Sydney, Australia; and a Non-Resident Senior Fellow at the Center for European Policy Analysis (CEPA) in Washington, D.C. Previously, he was Head of the Russia and Eurasia Programme at Chatham House, and Deputy Head of Mission at the Australian Embassy in Moscow. Dr. Lo has written several books, including A Wary Embrace: What the China-Russia Relationship Means for the World (Penguin Australia, 2017); Russia and the New World Disorder (Brookings and Chatham House, 2015); and Axis of Convenience: Moscow, Beijing and the New Geopolitics (Brookings and Chatham House, 2008).
- Topic:
- Diplomacy, Bilateral Relations, Partnerships, and Russia-Ukraine War
- Political Geography:
- Russia, China, and Asia
59. Digital Sovereignty: European Policies, American Dilemmas
- Author:
- Mathilde Velliet
- Publication Date:
- 01-2023
- Content Type:
- Working Paper
- Institution:
- Institut français des relations internationales (IFRI)
- Abstract:
- European digital sovereignty has been made a priority by Ursula von der Leyen’s European Commission. Due to the privileged position of American companies in the European market, Brussels’ efforts towards digital sovereignty (on privacy, antitrust, data sovereignty, etc.) are closely scrutinized by American policymakers. They often view European initiatives as “protectionist” and unfairly targeting U.S. companies. However, the American vision of European digital sovereignty has evolved in recent years under the influence of two main factors. On the one hand, awareness of the problematic effects and practices of platforms has led to a consensus on the need for reform in the digital sector. On the other hand, technological competition with China has been elevated to a priority. This vision remains fraught with contradictions, along inter-party, intra-party, inter-agency, state-federal, and issue-based fault lines. Washington’s position on anti-monopolistic practices is an illuminating example, characterized by a double discourse between a desire to reform the U.S. digital sector domestically and active diplomacy to dilute these efforts at the European level. Nonetheless, several American actors – particularly in the legislative branch – are seeking to learn from the successes and flaws of European regulations for American reform projects, such as on platform regulation or privacy. The China factor reinforces the ambiguity of the U.S.’ position. It creates new opportunities for cooperation in the face of perceived common vulnerabilities (infrastructure security, inbound investments, etc.) and autocratic definitions of digital sovereignty. However, it also raises tension and misunderstanding on the American side towards European reforms that often target American companies more than Chinese ones. Lastly, while American and European companies have adapted to the need for digital sovereignty through a range of technical and commercial solutions, the temptation of a maximalist definition of European sovereignty continues to create major stumbling blocks, particularly on the cloud.
- Topic:
- European Union, Regulation, Cloud Computing, Digital Sovereignty, and Data Governance
- Political Geography:
- China, Europe, Asia, North America, and United States of America
60. South Korea and IPEF: Rationale, Objectives and the Implications for Partners and Neighbors
- Author:
- Jaewoo Choo
- Publication Date:
- 02-2023
- Content Type:
- Working Paper
- Institution:
- Institut français des relations internationales (IFRI)
- Abstract:
- As a key manufacturer of high-end technology components critical to the sustainability of the Fourth Industrial Revolution, South Korea is essential in any effort to rebuild a resilient global supply chain but also to the promotion of a clean economy. South Korea can thus contribute to two of the pillars of IPEF (Indo-Pacific Economic Framework), specially to pillars II and III (supply-chain resilience and a clean economy). However, as the US executive and legislative branches intensify their hawkish approaches to China, they have not given much consideration to the possible damage they will inflict on the strategic interests of some of their allies. In particular, they have not fully considered Korean factors when legislating on bills such as the Inflation Reduction Act (IRA). This paper argues that allies such as South Korea and France must make the White House and US legislature aware of the external consequences of their decisions and behavior, and that they must cooperate within the confines of US-led strategic initiatives.
- Topic:
- Science and Technology, Economy, Supply Chains, and Semiconductors
- Political Geography:
- China, Asia, South Korea, and United States of America
61. How the War in Ukraine is Changing the Space Game
- Author:
- Guilhem Penent and Guillaume Schlumberger
- Publication Date:
- 02-2023
- Content Type:
- Working Paper
- Institution:
- Institut français des relations internationales (IFRI)
- Abstract:
- The war in Ukraine has become a showcase for the new commercial paradigm emerging in the space sector (New Space). As such, it seems to confirm the relevance of adaptation efforts led by the United States – more specifically the Pentagon – since the mid-2010s. Thus, it highlights ongoing transformations and announces potential disruptions in the exploitation of orbits, particularly in the fields of satellite connectivity and remote sensing. It also shapes future tensions, while the structuring of international relations around the two poles constituted by the United States and China raises questions about the consequences on the safe, sustainable, secure, and stable use of space. With these developments, Europe is faced with the challenge of remaining relevant.
- Topic:
- International Relations, European Union, Space, Satellite, and Russia-Ukraine War
- Political Geography:
- Russia, China, Europe, Asia, and United States of America
62. Japan and the Pacific Islands Countries. Longstanding Strategic Interests, Recent Strategic Engagement
- Author:
- Celine Pajon
- Publication Date:
- 03-2023
- Content Type:
- Working Paper
- Institution:
- Institut français des relations internationales (IFRI)
- Abstract:
- Japan has recently stepped up its engagement with the Pacific Island Countries (PICs), building on its historical ties and strategic interests in the region. The wealth of these territories in fishery resources and raw materials, the crucial importance of the maritime routes, and the strategic geographical location of PICs in the context of Sino-American rivalry have been key factors behind Tokyo's expanding engagement. Despite these strategic interests, the cooperation with the PICs in the postwar era up until the emergence of the Indo-Pacific narrative has been quite fragmented, reflecting the rather low priority given to the region, the multiplicity of the objectives pursued, and the diversity of engaged actors. Nevertheless, the Japan-Pacific Islands Leaders Meeting (PALM) process initiated in 1997 provided an innovative multilateral framework to coordinate with the Pacific Islands Forum (PIF) over economic cooperation, improve Japan’s communications and iron out tensions, starting with nuclear. The incorporation of the PICs into Japan’s Free and Open Indo-Pacific (FOIP) vision cements their position in Tokyo’s efforts to preserve a rules-based international order and counterbalance China’s growing influence. Security issues of Asia have thus started to appear on the agenda of the PALM Summits. In addition, Japan has stepped up its cooperation with its closest allies and partners – the US and Australia – as part of the operationalization of a FOIP in Oceania. Finally, a major provider of development aid, Tokyo has also become a diplomatic and security partner for the Pacific Islands. Japan has stepped up naval diplomacy and defense dialogues in the region, in addition to being very active in maritime capacity-building, as well as humanitarian aid and disaster relief assistance. Despite the rise of Japanese cooperation, which is now truly multidimensional and strategic, Tokyo's ability to influence the Pacific islands and in particular to counterbalance China remains to be seen. Indeed, the PICs feel little concerned by major geopolitical projects and are careful not to create enemies. With the US and its other partners increasing their presence in the area, there is a strong impetus for Japan to reinvest in the Pacific. However, Tokyo has yet to develop a formal strategy or vision for the region. This could be announced at the next PALM summit in 2024, which will mark the 10th iteration of this meeting and could be a significant milestone.
- Topic:
- Development, Cooperation, and Strategic Engagement
- Political Geography:
- Japan, Asia, Indo-Pacific, and Pacific Islands
63. China in the Race to Low Earth Orbit: Perspectives on the future internet constellation Guowang
- Author:
- Marc Julienne
- Publication Date:
- 04-2023
- Content Type:
- Working Paper
- Institution:
- Institut français des relations internationales (IFRI)
- Abstract:
- In April 2021, the Chinese government officially, but rather quietly, established a new state-owned enterprise (SOE) named China SatNet. Its mission: build out China’s “mega-constellation” program for low Earth orbiting internet satellites, known as Guowang (“national network”). Several scattered programs had already been launched in China since 2018, and the establishment of this new SOE appears aimed at streamlining and accelerating the development and deployment of the future national constellation. China's goal is to position itself in the highly strategic sector that is space-based broadband mobile telecommunication networks, so far dominated by the American SpaceX and its Starlink constellation. These constellations promise significant commercial and military outcomes that have aroused the interest of states. In this field, Beijing lags behind SpaceX, but demonstrates a fierce determination to catch up and compete with its rivals. China has already registered a request with the International Telecommunications Union to put 12,992 satellites into orbit, or roughly 1,000 more than what has so far been authorized for Starlink. To achieve its goals, China relies on traditional aerospace and telecommunications SOEs, and now on the newcomer China SatNet. It also relies on an emerging ecosystem of companies and start-ups (GalaxySpace in particular), and encourages local governments to build production parks for the space industry and new launch centers across the country. China is thus gearing up to achieve its ambitions, but will nevertheless have to face multiple challenges, including the financing of its industry in a constrained economic context, the development of a viable business model which has not yet been proven elsewhere, and above all, the growing strategic and technological rivalry with the United States.
- Topic:
- Science and Technology, Internet, Space, and Satellite
- Political Geography:
- China and Asia
64. The People Powering Japan’s Startup Ecosystem
- Author:
- Kenji Kushida
- Publication Date:
- 02-2023
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- Japan’s startup ecosystem is now able to attract human capital in ways that were not possible fifteen years ago. Employment flexibility is critical to a maturing startup ecosystem, and Japan’s startup ecosystem is now enjoying positive feedback loops. Japan’s startup ecosystem now draws from top universities; large, prestigious companies; government ministries; global, foreign multinational corporations; and the startup ecosystem itself. While Japan’s lifetime employment system in large companies is alive and well, the rise of new employment logics has grown in parallel with corporate Japan’s traditional employment system. The rise of foreign firms and the IT industry, along with the declining attractiveness of large companies, has created a new logic of opportunities for top talent. Global linkages are still a challenge, and the government should focus on efforts to remove barriers to all global collaborations, especially given the disruption caused by Japan’s abrupt border closures in response to the COVID-19 pandemic.
- Topic:
- Employment, Business, Human Capital, and Startup
- Political Geography:
- Japan and Asia
65. How Indonesia Used Chinese Industrial Investments to Turn Nickel into the New Gold
- Author:
- Angela Tritto
- Publication Date:
- 04-2023
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- China has become a global power, but there is too little debate about how this has happened and what it means. Many argue that China exports its developmental model and imposes it on other countries. But Chinese players also extend their influence by working through local actors and institutions while adapting and assimilating local and traditional forms, norms, and practices. With a generous multiyear grant from the Ford Foundation, Carnegie has launched an innovative body of research on Chinese engagement strategies in seven regions of the world—Africa, Central Asia, Latin America, the Middle East and North Africa, the Pacific, South Asia, and Southeast Asia. Through a mix of research and strategic convening, this project explores these complex dynamics, including the ways Chinese firms are adapting to local labor laws in Latin America, Chinese banks and funds are exploring traditional Islamic financial and credit products in Southeast Asia and the Middle East, and Chinese actors are helping local workers upgrade their skills in Central Asia. These adaptive Chinese strategies that accommodate and work within local realities are mostly ignored by Western policymakers in particular. Ultimately, the project aims to significantly broaden understanding and debate about China’s role in the world and to generate innovative policy ideas. These could enable local players to better channel Chinese energies to support their societies and economies; provide lessons for Western engagement around the world, especially in developing countries; help China’s own policy community learn from the diversity of Chinese experience; and potentially reduce frictions.
- Topic:
- Development, Industrial Policy, Belt and Road Initiative (BRI), Investment, and Innovation
- Political Geography:
- China, Indonesia, and Asia
66. What Should India Do Before the Next Taiwan Strait Crisis?
- Author:
- Vijay Gokhale
- Publication Date:
- 04-2023
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- In the next two decades, the Taiwan question is likely to assume increasing importance for the Indo-Pacific region. The People’s Republic of China (PRC) is becoming more assertive about unifying Taiwan with the mainland, and it is also making progress toward establishing the military capability toward this end. For a rising PRC seeking to establish itself as the dominant global power, it is untenable that a part of its territory remains outside its control. Possible endeavors toward establishing this control could lead to a response by the United States, which would have broader ramifications for the region and the world. For the United States, any endeavors by the PRC to this end would undermine the very core of the idea that the United States is the defender of freedom and democracy across the world, thus undermining its credibility. It might also deal a devastating blow to the United States’ global power. In this context, and given the significance of Taiwan to both countries, it is an issue that can rapidly escalate, making it a matter of concern in the Indo-Pacific. Further, a conflict over Taiwan would dwarf the global economic fallout that began when Russia invaded Ukraine in 2022. Short of conflict, Chinese coercion of Taiwan could disrupt the freedom of navigation and sea lanes of communication through the Taiwan Strait and will have severe consequences for Asian geopolitics and geoeconomics. Given India’s substantial geopolitical and geoeconomic interests in the region and its long history of exchanges with East and Southeast Asia, India should pay constant and careful attention to this issue. Further, a policy to respond to various contingencies must be thought through and put into place. This paper tries to look at the possible policy that India might adopt ahead of a major crisis in the Taiwan Strait. The paper proceeds in three parts. The first part analyzes the geopolitical and geoeconomic consequences of another Taiwan Strait crisis for India. While it is difficult to estimate the actual damage that would be dealt to the Indian economy, it is clear that all segments of the economy would be affected, with the impact possibly substantial enough to set India back several years. A crisis would also impact India’s geopolitical interests and national security, given that China is increasing its assertiveness both along the Line of Actual Control as well as in the Indian Ocean. The second part argues against a commonplace view that India played no role in crisis management during earlier periods of high tension in the Taiwan Strait—the 1954–55 and 1958 Taiwan Strait Crises, also known as the First and Second Taiwan Strait Crisis, respectively. By using archival material in the United States, the United Kingdom, and India, it seeks to dispel the above notion and that Taiwan ceased to be a matter of interest for India after it had recognized PRC’s claim over Taiwan in 1950. Further, it looks at the lessons for policymaking from India’s handling of the crises. The third part of the paper briefly traces the history of India-Taiwan relations following India’s transfer of its diplomatic recognition to the PRC till the present day. It provides an overview of India’s Taiwan policy. Given that a war in the Taiwan Strait is not beyond reasonable doubt, it then discusses the scenarios India might find itself in and the possible policies to respond to these scenarios. It recommends a close following of the U.S.-ChinaTaiwan strategic triangle, a whole-of-government assessment around impacts of a Taiwan Strait contingency, and an assessment of policy options. It also recommends mapping the expectations that China and the United States would have of India, along with undertaking consultations with key partners on the Taiwan question.
- Topic:
- Foreign Policy, Geopolitics, Crisis Management, and Geoeconomics
- Political Geography:
- South Asia, India, Taiwan, Asia, and Indo-Pacific
67. China’s Response to Türkiye’s Volatile Authoritarianism
- Author:
- Ceren Ergenç and Kenan Göçer
- Publication Date:
- 05-2023
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- This paper investigates Türkiye’s evolving relations with China’s Belt and Road Initiative (BRI), a large-scale program of infrastructure investment and project financing proposed by Chinese President Xi Jinping in 2013. The paper digs deeply into cases from two sectors—transportation and energy—focusing on how heightened and changing local expectations among Turks for these prospective BRI projects have shaped choices and outcomes, including China’s. In so doing, it explores how these shifting Turkish perceptions affect the implementation of BRI projects in Türkiye. This paper has several goals: it seeks to understand the reasons behind these local changes, the role of the state and private sector in Türkiye in these changes, and the way China has responded so far. Of course, domestic factors are not the only ones that shape the implementation of BRI projects in Türkiye or elsewhere; regional and global trends have had an impact too.
- Topic:
- Foreign Policy, Infrastructure, Authoritarianism, Belt and Road Initiative (BRI), and Investment
- Political Geography:
- China, Turkey, Middle East, and Asia
68. Will China's impending overhaul of its financial regulatory system make a difference?
- Author:
- Martin Chorzempa and Nicolas Véron
- Publication Date:
- 03-2023
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics
- Abstract:
- China's reshuffle of its financial supervisory architecture announced in March, like previous changes, appears incremental rather than radical. It will not, however, resolve the main challenge hobbling China’s financial system, which is not linked to specific choices of supervisory architecture but rather to the unfinished transition from a state-directed to a market-based financial system and the way the Chinese Communist Party's pervasive role creates obstacles to good corporate governance of individual financial firms and to the independence of supervisory authorities. Too often, political authorities and sometimes the supervisors themselves intervene directly in financial firms’ decisions to allocate capital and credit, occasionally resulting in failures of risk control and risk management. The authors argue that Chinese reformers should aim at a clearer and more rigorous division of responsibilities, in which financial firms manage financial opportunities and risks, and supervisors are exclusively focused on their respective public policy mandates.
- Topic:
- Economics, Regulation, Finance, and Corporate Governance
- Political Geography:
- China and Asia
69. Asia: Country fact sheet
- Publication Date:
- 06-2023
- Content Type:
- Country Data and Maps
- Institution:
- Economist Intelligence Unit
- Abstract:
- No abstract is available.
- Topic:
- Summary, Economy, Background, and Fact sheet
- Political Geography:
- Asia
70. US-China lessons from Ukraine: Fueling more dangerous Taiwan tensions
- Author:
- John K. Culver and Sarah Kirchberger
- Publication Date:
- 06-2023
- Content Type:
- Special Report
- Institution:
- Atlantic Council
- Abstract:
- The lessons that Washington and Beijing appear to be learning from Russia’s February 2022 invasion of Ukraine, and from Ukraine’s resistance and counteroffensive, could set the stage for a crisis over Taiwan in the next few years. This grim prospect is driven by the United States and China arraying themselves for a strategic rivalry since 2017 through the continuing trade war, economic decoupling, and increasing rhetorical and military positioning for confrontation over Taiwan. In light of the Chinese military’s threatening gestures, belligerent rhetoric, and other recent actions that read like they could be preparation for war, there is a danger that the successive warnings by senior US military commanders that Chinese CCP General Secretary and President Xi Jinping has already decided to use military force in the near term could become the proverbial tail wagging the dog — and could impose a logic that makes a US-China war more likely, rather than enhancing deterrence.1 Therefore, the key question for the United States and its allies is how an increasingly truculent and belligerent Chinese leadership can be incentivized to walk back from the brink. This paper examines what lessons China, the United States, and European allies have drawn from the Ukraine conflict and how such lessons have shaped these actors’ strategic assumptions. It concludes with a discussion of policy recommendations for the transatlantic community confronting the possibility of a US-China conflict over Taiwan.
- Topic:
- Security, Defense Policy, Diplomacy, Politics, and Russia-Ukraine War
- Political Geography:
- China, Ukraine, Taiwan, Asia, North America, and United States of America
71. US strategy and force posture for an era of nuclear tripolarity
- Author:
- Keir A. Lieber and Daryl G. Press
- Publication Date:
- 05-2023
- Content Type:
- Working Paper
- Institution:
- Atlantic Council
- Abstract:
- The term “nuclear tripolarity” describes a world in which China has joined the United States and Russia as a leading nuclear power. As China modernizes its existing nuclear forces and deploys new weapons, it is on track to roughly double its deployed nuclear arsenal in the next few years—from approximately 350 to 700 deliverable warheads. The US Department of Defense projects that China will go further, expanding its arsenal to at least 1,500 warheads by 2035.1 At those force levels, China’s arsenal would be comparable to US and Russian deployed nuclear forces, currently capped at 1,550 by the New START Treaty.2 What are the consequences of emerging tripolarity for US nuclear strategy and force posture? If the United States retains its current approach to nuclear force planning, the growth of China’s arsenal (and the ongoing modernization of Russia’s nuclear weapons) will likely compel the United States to significantly increase its own arsenal. The easiest way to do so would be to upload one to two thousand additional warheads from US reserves onto existing delivery systems when the New START treaty expires in 2026. Unfortunately, a major increase in US forces would likely mark just another step in an intensifying arms competition among the three leading nuclear powers, since China and Russia would then feel pressure to respond.
- Topic:
- Defense Policy, National Security, Nuclear Weapons, Geopolitics, Deterrence, and Multipolarity
- Political Geography:
- Russia, China, Asia, North America, and United States of America
72. China’s subsea-cable power in the Middle East and North Africa
- Author:
- Dale Aluf
- Publication Date:
- 05-2023
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- In a new Scowcroft Middle East Security Initiative issue brief, “China’s subsea-cable power in the Middle East and North Africa,” Aluf analyzes China’s campaign to make countries in the region more dependent on Chinese networks, while reducing its own dependence on foreign cables. For a country that seeks to alter the internet’s physical form and influence digital behavior while exerting supreme control over information flows, China’s growing presence in the Middle East and North Africa’s cable industry is significant because Beijing has the power to shape the route of global internet traffic by determining when, where, and how to build cables.
- Topic:
- Security, Diplomacy, Politics, Science and Technology, Partnerships, and Innovation
- Political Geography:
- China, Middle East, Asia, and North Africa
73. The NewSpace market: Capital, control, and commercialization
- Author:
- Robert Murray
- Publication Date:
- 04-2023
- Content Type:
- Working Paper
- Institution:
- Atlantic Council
- Abstract:
- Commercial opportunities in space-based technologies are expanding rapidly. From satellite communications and Earth observation to space tourism and asteroid mining, the potential for businesses to capitalize on these emerging technologies is vast and known as “NewSpace.”1 The NewSpace model is important for governments to understand because the dual-use nature of space, specifically its growing commercialization, will influence the types of space-based technologies that nations may leverage, and consequently, impact their national security paradigms. By capitalizing on the private sector’s agility and combining it with the essential research efforts and customer role played by the public sector, the NewSpace industry can play a critical function in addressing current and future national security challenges through public-private codevelopment. As the NewSpace industry expands, the role of government is evolving from being the primary developer and operator of space assets to facilitating their commercialization, while still prioritizing key advancements. US and allied governments can capitalize on this competitive landscape by strategically investing in areas that align with their national security objectives. However, it is crucial for them to first understand and adapt to their changing roles within this dynamic environment. Indeed, the benefits of the burgeoning NewSpace industry extend beyond the United States. International collaboration and competition in this area can lead to faster technological advancements and economic gains. The global NewSpace landscape is driving down costs, increasing access to space, and fostering innovation that can improve not only economic well-being, but also impact national security models. To that end, this memo will examine the broad state of the space market, discuss the industry drivers, and propose recommendations for US and allied policymakers as they consider future government investments in those enabling space-based activities that support wider national security ambitions.
- Topic:
- Defense Policy, International Trade and Finance, National Security, Science and Technology, European Union, Space, and Defense Industry
- Political Geography:
- Russia, China, Eurasia, Canada, Asia, and United States of America
74. Beyond launch: Harnessing allied space capabilities for exploration purposes
- Author:
- Tiffany Vora
- Publication Date:
- 04-2023
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- The “United States Space Priorities Framework,” released in December 2021, confirmed the White House’s commitment to American leadership in space.1 Space activities deliver immense benefits to humankind. For example, satellite imaging alone is crucial for improvements in daily life such as weather monitoring as well as for grand challenges like the fight against climate change. Such breakthrough discoveries in space pave the way for innovation and new economies on Earth. Exploration is at the cutting edge of this process: it expands humankind’s knowledge of the universe, transforming the unknown into the supremely challenging, expensive, risky, and promising. US allies and partners accelerate this transformation via scientific and technical achievements as well as processes, relationships, and a shared vision for space exploration. By integrating these allied capabilities, the United States and its allies and partners set the stage for safe and prosperous space geopolitics and economy in the decades to come. However, harnessing the capabilities of US allies and partners for space exploration is complex, requiring the balance of relatively short-term progress with far-horizon strategy. Space exploration has changed since the US-Soviet space race of the 1960s. In today’s rapidly evolving technological and geopolitical environment, it is unclear whether the processes, relationships, and vision that previously enabled allied cooperation in space, epitomized by the International Space Station (ISS), will keep pace. Here, China is viewed as the preeminent competitor for exploration goals and capabilities—as well as the major competitor for long-term leadership in space.2 This development drives fears of space militarization and weaponization, prompting protectionist legislation, investment screening, and industrial policies that can disrupt collaboration among the United States and its key allies and partners.3 Further complication stems from the rise of commercial space, with opportunities and challenges due to the decentralization, democratization, and demonetization of technologies for robotic and crewed space exploration. This paper serves as a primer for current US space exploration goals and capabilities that will be critical to achieving them. It highlights arenas where US allies and partners are strongly positioned to jointly accelerate space exploration while also benefitting life on Earth. This paper concludes with recommended actions—gleaned from interviews with international experts in space exploration—for the US government as well as allied and partner governments to increase the number and impact of global stakeholders in space exploration, to remove friction in collaboration, and to guide the future of space toward democratic values.
- Topic:
- Security, Defense Policy, NATO, National Security, Science and Technology, European Union, Partnerships, and Space
- Political Geography:
- China, Europe, and Asia
75. China in Sub-Saharan Africa: Reaching far beyond natural resources
- Author:
- Amin Mohseni-Cheraghlou and Naomi Aladekoba
- Publication Date:
- 03-2023
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- This work empirically examines China’s growing footprint in Sub-Saharan Africa’s investment, trade, cultural, and security landscape over the past two decades. It highlights China’s increasing appetite for Sub-Saharan Africa’s natural resources and growing young labor force—identifying the region’s consumer market as an important destination for Chinese goods and services over the next few decades. The analysis identifies more than 600 Chinese investments and construction contracts in Sub-Saharan Africa (SSA), valued at over $303 billion, signed between 2006 and 2020. Four sectors attract 87 percent of China’s investment and construction in the region: energy at 34 percent; transport, 29 precent; metals, 13 percent; and real estate, 11 percent. This is very similar to the Middle East and North Africa Region, where the energy sector attracts close to 50 percent of China’s investment, followed by transport, 19 percent; real estate, 15 percent; and metals, 6 percent. In terms of trade, this work shows that between 2001 and 2020, China’s merchandise trade with the region increased by a whopping 1,864 percent—surpassing SSA’s trade with both the United States and the European Union. In other words, from 2001 to 2020, China’s share in total merchandise trade in SSA rose from 4 percent to 25.6 percent, while during the same period, the shares of the United States and the EU in SSA’s total trade declined by 10 percentage points and 8 percentage points, respectively. The report also takes a look at China’s arms trade with the region. Twenty-two percent of SSA’s arms imports are sourced from China, making China the region’s second-largest supplier of arms and military equipment, with Russia in the lead (24 percent). Finally, the report highlights the fact that the size of Chinese migrants in Africa is estimated at one to two million, with around one million permanently residing in the region. The largest numbers are in Ghana, South Africa, Madagascar, Zambia, and the Democratic Republic of the Congo.This work is the first in a series of empirical analyses that will be conducted on China’s presence in developing economies and low-income countries.
- Topic:
- Natural Resources, Economy, Business, Economic Growth, Macroeconomics, Trade, and Inclusion
- Political Geography:
- Africa, China, Asia, and Sub-Saharan Africa
76. United States–China semiconductor standoff: A supply chain under stress
- Author:
- Jeremy Mark and Dexter Tiff Roberts
- Publication Date:
- 02-2023
- Content Type:
- Working Paper
- Institution:
- Atlantic Council
- Abstract:
- In August 2022, the US Congress passed the CHIPS and Science Act, a law that approves subsidies and tax breaks to help jump-start the renewed production on American soil of advanced semiconductors.1 Just two months later, the Joe Biden administration issued wide-ranging restrictions on the export to China of chips and chip-making technology to undercut that country’s ability to manufacture the same class of integrated circuits.2 Taken together with a steady stream of Biden administration prohibitions on technology sales to key Chinese companies, the US initiatives represent a profound turn toward competition with China in the high-tech realm.3 They also highlight an effort to restructure the complex, multinational supply chains centered on East Asia that manufacture hundreds of billions of dollars of semiconductors a year. As such, the Biden administration has set in motion a process that could alter the business strategies—and fortunes—of homegrown and foreign-invested semiconductor companies based in China, world-leading chipmakers in Taiwan and South Korea, and suppliers around the world that provide the industry with the machinery and myriad inputs that fuel chip production. The Biden administration insists that its restrictions on sales to China are intended only to limit China’s ability to produce the cutting-edge chips that can feed into the development of weapons and other strategically important technologies—and not to cripple its semiconductor industry. But the current state of play of sanctions and support for US-based semiconductor production, including by Taiwanese and Korean chipmakers, is not the endpoint in this process. Rather, the momentum to constrain Beijing’s semiconductor program is likely to continue in the coming months, at the very least with additional restrictions on Chinese companies and government-linked entities, and unprecedented bureaucratic scrutiny of American venture-capital and equity-financing flows to China. That amounts to more bad news for corporate leaders in Asia, North America, and Europe who have spent the past generation building a globe-spanning semiconductor industry that has faced few barriers to expansion. As US restrictions mount, and sales of certain technologies to China flag, the once-unimaginable process of reorienting semiconductor supply chains will become an ever-present reality. The CHIPS and Science Act already is becoming an important factor in corporate strategy, providing incentives for Taiwanese, Korean, and American companies to make big bets on new factories in places like New York, Ohio, Texas, and Arizona—witness Taiwan Semiconductor Manufacturing Company’s (TSMC’s) recent decision to build a second factory in Phoenix.4 This paper explores the potential implications of US semiconductor policy for the global semiconductor supply chains and the competition for primacy in an industry that is constantly changing the face of the global economy and one that has implications for global security in all its dimensions. It begins by examining the policies put in place by the Biden administration, and then discusses the changes taking place across the industry, with a focus on Asia.
- Topic:
- Economy, Business, Supply Chains, Semiconductors, and Economic Competition
- Political Geography:
- China, Asia, North America, and United States of America
77. Implementing NATO’s Strategic Concept on China
- Author:
- Hans Binnendijk and Daniel S. Hamilton
- Publication Date:
- 02-2023
- Content Type:
- Special Report
- Institution:
- Atlantic Council
- Abstract:
- Set against the backdrop of Russia’s war on Ukraine, the June 2022 Madrid NATO Summit set the tone for the next decade of the Alliance’s shared future. Allies made it clear that they consider Russia their most immediate and direct threat. Yet they also made headlines by addressing challenges emanating from the People’s Republic of China (PRC). Allies laid out actions to be taken across the diplomatic, economic, and military spheres. Now the Alliance must implement those responses. Beijing will be watching closely.
- Topic:
- Security, Defense Policy, NATO, Diplomacy, Politics, and Strategic Planning
- Political Geography:
- China, Europe, Eurasia, Canada, Asia, and United States of America
78. China and the new globalization
- Author:
- Franklin D. Kramer
- Publication Date:
- 01-2023
- Content Type:
- Special Report
- Institution:
- Atlantic Council
- Abstract:
- The unitary globalized economy no longer exists. Driven in significant part by security considerations, a new and more diverse globalization is both required and being built. The transition is ongoing, and its final form is yet to be determined. Many of the causal factors for this very significant change revolve around China and the consequent responses to its actions by the United States, other democracies of the transatlantic alliance, and the advanced democratic economies of the Indo-Pacific. There are other important factors generating this new globalization including the impact of the Russia-Ukraine war both on energy markets and on trade and investment with Russia generally, as well as the global requirements for mitigating and adapting to climate change. However, China has been a critical element in what might be described as the “maximum trade-centered globalization,” which has dominated trade and investment policy in the three decades since the end of the Cold War. This issue brief describes the still-developing new globalization focusing on the issues surrounding China. A fundamental challenge that China presents arises because its actions have generated significant security and economic challenges, yet it nonetheless is a massive trade and investment partner for the “advanced democratic economies” (ADEs),1 which for purposes of this analysis include the Group of Seven (G7) countries,2 plus Australia, Norway, the Republic of Korea, and the European Union. Adapting to a new globalization requires establishing a strategic approach that resolves the inherent contradictions between those conflicting considerations.
- Topic:
- Security, Defense Policy, Diplomacy, Environment, Politics, Science and Technology, Economy, Business, and Energy
- Political Geography:
- China, Europe, Eurasia, Canada, Asia, United States of America, and Indo-Pacific
79. Impact of economic sanctions on net commodity-producing and net commodity-consuming countries
- Author:
- Sergio R. Vale and Eduardo Viola
- Publication Date:
- 01-2023
- Content Type:
- Journal Article
- Journal:
- Revista Brasileira de Política Internacional (RBPI)
- Institution:
- Instituto Brasileiro de Relações Internacionais (IBRI)
- Abstract:
- The war in Ukraine has had a marked economic impact. However, since Russia is a net producer of important commodities, the impact of sanctions on its economy was less than expected. But what would happen if there was a war involving a country that was a net importer of commodities? In the case of a possible China-US conflict over Taiwan, the impact on the world economy would be different, with a deeper recession around the world, but the impact on the Brazilian economy would still be positive on account of the possibility that would remain of agricultural exports to China.
- Topic:
- Agriculture, Economics, International Trade and Finance, Sanctions, Commodities, and Exports
- Political Geography:
- Russia, China, Europe, Ukraine, Taiwan, Asia, North America, and United States of America
80. The Belt and Road Initiative: Dynamics for Latin America and the Caribbean Region
- Author:
- Anurag Tripathi, Abhishek R.L., and Arun Teja
- Publication Date:
- 03-2023
- Content Type:
- Journal Article
- Journal:
- AUSTRAL: Brazilian Journal of Strategy International Relations
- Institution:
- Postgraduate Program in International Strategic Studies, Universidade Federal do Rio Grande do Sul
- Abstract:
- To examine the challenges and risks arising from the Belt and Road Initiative, this article, in its initial section undertakes a case study of Venezuela in explaining the probable debt-trap situation arising in the Latin American region. Following it, the next section examines the risks arising from BRI from the perspective of dependency theory. It is observed that the US has taken the Latin American region for granted. However, China appears to encroach into what the US considers as its backyard. With this hindsight, China’s increasing involvement in the region is dichotomously analyzed to ponder whether it is a strategy to gain influence or an extension of peaceful rise in the third section. China’s post-pandemic investments in LAC have been analyzed to enhance the argument of a tussle between the US and China. This provides a clear picture of how the two global economic giants are scrambling their money to sustain their influence over LAC. Finally, digital geopolitics has also been considered in explaining the risks and challenges of BRI. It is observed that without any data regulation regime currently across the world, would end up LAC states into what we call data-trap. As all the above is considered, it cannot be ignored that the future of geopolitics is no more validly explained through hegemonic stability theory or hierarchical structures. It is either going to be a horizontally varied power poles anchored to the regional institutions or going back to the idea of sovereignty as the main concept
- Topic:
- International Cooperation, Infrastructure, Hegemony, and Belt and Road Initiative (BRI)
- Political Geography:
- China, Asia, South America, and Venezuela
81. China Becoming Globally More Active in the Security Sphere
- Author:
- Marcin Przychodniak
- Publication Date:
- 05-2023
- Content Type:
- Working Paper
- Institution:
- The Polish Institute of International Affairs
- Abstract:
- China is expanding its potential to project power abroad. It includes legal changes, expansion of military infrastructure in other countries, and cooperation with partners in the Pacific. An example of their activity in the field of security is the operations of Chinese security companies, mainly in the Middle East and Africa. This should encourage NATO to further deepen cooperation with its members and partners, including with Pacific countries, as well as to strengthen the coordination of EU and U.S. policy towards developing countries.
- Topic:
- Security, NATO, Infrastructure, and Partnerships
- Political Geography:
- Africa, China, Middle East, Asia, and Asia-Pacific
82. Building a Coalition - the U.S. Faces Down Competition with China in the Chip Sector
- Author:
- Damian Wnukowski
- Publication Date:
- 04-2023
- Content Type:
- Working Paper
- Institution:
- The Polish Institute of International Affairs
- Abstract:
- In recent months, the U.S. has intensified its international efforts to limit China’s ability to produce the most advanced chips. The result includes the introduction by Japan and the Netherlands of restrictions on the export of modern machines for chip production. In response, China is trying to attract foreign investment and develop its own potential in this sector. The U.S. actions may significantly slow the pace of China’s technological development and economic growth and limit its potential to further strengthen its military capabilities. This may make it difficult for China to support Russia with dual-use products and render possible offensive actions against Taiwan harder.
- Topic:
- Economy, Production, Semiconductors, and Competition
- Political Geography:
- China, Asia, North America, and United States of America
83. China Adapts Policy in Response to Russia's Aggression Against Ukraine
- Author:
- Marcin Przychodniak
- Publication Date:
- 03-2023
- Content Type:
- Working Paper
- Institution:
- The Polish Institute of International Affairs
- Abstract:
- China perceives the Russian aggression against Ukraine as an expression of resistance to the U.S. and NATO hegemony and an important element of building a new international order that marginalises the West. Based on this, China is strengthening strategic cooperation with Russia, striving to weaken the international position of the U.S., the EU, and their partners, while testing reactions to a possible escalation of Chinese actions towards Taiwan, for example. President Xi Jinping expressed this policy course during his March visit to Russia. At the same time, China is trying to gain support from the countries of the Global South. This approach means a continuation of China’s assertive policy towards the European Union, among others.
- Topic:
- Foreign Policy, NATO, European Union, and Russia-Ukraine War
- Political Geography:
- Russia, China, Europe, Ukraine, and Asia
84. Evolution, not Revolution: Japan Revises Security Policy
- Author:
- Oskar Pietrewicz
- Publication Date:
- 01-2023
- Content Type:
- Working Paper
- Institution:
- The Polish Institute of International Affairs
- Abstract:
- In December last year, the government of Kishida Fumio adopted three documents adapting Japan’s security policy to the deteriorating international situation. Its security and national defence strategies highlight challenges from China, Russia, and North Korea, as well as an increase in non-military threats. A third document specifies the need for a record increase in defence spending. Japan’s readiness to deepen cooperation with the U.S. and European countries and its criticism in its assessment of Russia’s aggression against Ukraine create the conditions for the further development of Japan’s cooperation with NATO and the Polish-Japanese dialogue on security.
- Topic:
- Security, Foreign Policy, Defense Policy, Regional Politics, and Russia-Ukraine War
- Political Geography:
- Russia, Japan, China, Asia, and North Korea
85. China’s quest for innovation: progress and bottlenecks
- Author:
- Alicia Garcia-Herrero and Robin Schindowski
- Publication Date:
- 06-2023
- Content Type:
- Working Paper
- Institution:
- Bruegel
- Abstract:
- As the Chinese economy continues to decelerate, the central government is investing heavily in innovation, doubling down on research and development (R&D) spending and STEM-oriented human capital. In this paper, we assess China’s progress so far, looking at the inputs to innovation (R&D and human capital) as well as intermediate targets, such as scientific research and patents. We then evaluate how China has fared with respect to the ultimate goal of commercialising this progress, by looking at the value-added of Chinese exports and the overall productivity of the economy. We identify three potential bottlenecks that might be hindering the translation of China’s innovation efforts into productivity growth.
- Topic:
- Industrial Policy, European Union, Economic Growth, Innovation, and COVID-19
- Political Geography:
- China, Europe, and Asia
86. Global trends in countries‘ perceptions of the Belt and Road Initiative
- Author:
- Alicia Garcia-Herrero and Robin Schindowski
- Publication Date:
- 04-2023
- Content Type:
- Working Paper
- Institution:
- Bruegel
- Abstract:
- Drawing on global media reports, we conduct a sentiment analysis of the image of China’s Belt and Road Initiative (BRI) and the evolution of its image over time. Our main finding is that perceptions of the initiative deteriorated significantly in many geographies from 2017 to 2022. The notable exception is in sub-Saharan Africa where the BRI’s image remains positive, even if slightly less so than in the past. This is notwithstanding increases in debt levels with China, much of which now face potential restructuring. Furthermore, we find significant inter- and intra-regional differences in the average sentiment towards China’s landmark project, as well as a much worse image of the initiative in countries which, until today, are not part of the BRI. Finally, we focus on the European Union, Africa and China’s immediate neighbourhood to better understand the complexities behind the perceived benefits and challenges associated with China’s Belt and Road Initiative.
- Topic:
- Bilateral Relations, European Union, Geopolitics, Economy, and Trade
- Political Geography:
- China, Europe, and Asia
87. Can Chinese growth defy gravity?
- Author:
- Alicia Garcia-Herrero
- Publication Date:
- 06-2023
- Content Type:
- Policy Brief
- Institution:
- Bruegel
- Abstract:
- Chinese growth, astounding since the beginning of the reform era, has slowed in the last decade. We offer a baseline estimate (based on the current trend) of China’s medium-term growth rate, which we project to fall to 2.4 percent by 2035. Several factors create uncertainty around this baseline. China’s rapid aging is already incorporated into our long-term growth scenario, but its impact on growth will depend on how China’s remaining urbanisation process spreads over time, how the shrinking labour supply affects labour productivity and whether the decline in total factor productivity growth, reflecting the lack of reform during the last decade and possibly the rising role of the state, can be reversed. Investment in China, for decades the largest factor in China’s growth, is expected to contribute less to growth given the increasingly low return on assets, particularly on state-led investment. The rapid piling up of public debt is also becoming a heavy burden for the Chinese economy. Finally, the COVID-19 pandemic may have left significant scarring effects, such as structurally high youth unemployment and low investment confidence. On the upside for China, the rise in human capital and research and development expenditure may support innovation and growth, but the magnitude of this effect is uncertain, because it is unclear if higher innovation will translate into higher total factor productivity, and because of the United States’s push to contain China technologically.
- Topic:
- Industrial Policy, European Union, Economic Growth, and COVID-19
- Political Geography:
- China, Europe, and Asia
88. Will China’s new financial regulatory reform be enough to meet the challenges?
- Author:
- Martin Chorzempa and Nicolas Veron
- Publication Date:
- 03-2023
- Content Type:
- Policy Brief
- Institution:
- Bruegel
- Abstract:
- Effective financial supervision plays a crucial role in maintaining financial stability and a healthy financial system. China’s leadership has made financial risk a core priority, and in reforms approved in March 2023, it reassigned regulatory responsibilities, creating a new supervisory body that will take over some responsibilities from the central bank, the banking and insurance regulator, and the securities regulator. The aim is that a change to the financial supervisory architecture (who does what in financial supervision) will make China’s system more effective and stable. In this policy brief, we argue that this incremental reform will not solve the core issues China faces in financial supervisory effectiveness. We provide an overview of China’s large and complex financial system, including its largely state-owned banks (some of which are the largest in the world by assets), securities markets and other financial intermediaries. Traditional divisions between different types of activities and institutions have been blurred by the rise of large financial conglomerates, risk-transfer techniques and internet-based finance. Reforms in 2018 to China’s supervisory architecture did not eliminate perceived shortcomings, including failures to effectively regulate financial conglomerates, fintech and regional banks. We then survey global benchmarks against which China’s financial supervisory architecture can be compared, including the United States and European Union. China’s supervisory system is already more streamlined, at least on paper, than either of these most comparable global counterparts. Like them, China’s system does not correspond exactly to any of the three textbook archetypes of supervision: sectoral, twin-peaks or integrated supervision. Ultimately, the effectiveness of China’s financial supervisory architecture suffers from excessive state intervention in the financial system through other channels, including through the unique and pervasive influence of the communist party, which hampers supervisory independence and makes it difficult to establish accountability for regulatory failures. While the recently announced reform may improve coordination across supervisory bodies, coordination within the new quasi-integrated supervisor, across central departments, and between them and local branches, will remain a challenge.
- Topic:
- Reform, Regulation, Finance, and Financial Stability
- Political Geography:
- China and Asia
89. Course Correction: Charting a More Effective Approach to U.S.-China Trade
- Author:
- Clark Packard and Scott Lincicome
- Publication Date:
- 05-2023
- Content Type:
- Policy Brief
- Institution:
- The Cato Institute
- Abstract:
- Over the past several years the U.S.-China economic relationship has soured and become subordinated to broader concerns about national security and geopolitics. After a decades‐long reform agenda in China that lifted hundreds of millions out of grinding poverty, Chinese president Xi Jinping has increasingly turned inward—reembracing Maoist socialism and heavy‐handed central planning. Washington’s response to these worrisome developments has been reflexively hawkish economically, scattershot, and woefully inadequate for the economic challenge that China presents.
- Topic:
- National Security, Bilateral Relations, Economy, and Trade
- Political Geography:
- China, Asia, North America, and United States of America
90. Southeast Asia Aid Map - Key Findings Report
- Author:
- Alexandre Dayant, Grace Stanhope, and Roland Rajah
- Publication Date:
- 06-2023
- Content Type:
- Commentary and Analysis
- Institution:
- Lowy Institute for International Policy
- Abstract:
- Official development finance plays an important role in financing Southeast Asia’s development, equivalent to around 10% of total government development spending in the region. China is Southeast Asia’s single largest development partner and leads infrastructure financing. Yet, implementation problems have seen the scale of China’s financing decline in recent years. Traditional development partners collectively still dominate development financing in Southeast Asia at 80% of the total. The multilateral development banks lead the way, followed by Japan, Europe, and South Korea. The United States and Australia are mid-sized players. India and the Middle East have become notable sources of non-traditional development finance, with the Islamic Development Bank playing an important role. Climate development finance is increasing, but Southeast Asia will need more support if it is to transition towards resilient, low-carbon development. Intraregional development cooperation is growing, but only makes up a small part of development finance in Southeast Asia.
- Topic:
- Climate Change, Development, Humanitarian Aid, Finance, and Economy
- Political Geography:
- Asia and Southeast Asia
91. EIU Global Outlook—a summary of our latest global views
- Publication Date:
- 06-2023
- Content Type:
- Country Data and Maps
- Institution:
- Economist Intelligence Unit
- Abstract:
- No abstract is available.
- Topic:
- Economy, 5-year summary, and Forecast
- Political Geography:
- Europe, Asia, and Americas
92. Asia: Forecast summary
- Publication Date:
- 06-2023
- Content Type:
- Country Data and Maps
- Institution:
- Economist Intelligence Unit
- Abstract:
- No abstract is available.
- Topic:
- Economy, Background, Charts and tables, and Annual indicators
- Political Geography:
- Asia
93. EIU Global Outlook—a summary of our latest global views
- Publication Date:
- 06-2023
- Content Type:
- Country Data and Maps
- Institution:
- Economist Intelligence Unit
- Abstract:
- No abstract is available.
- Topic:
- Economy, 5-year summary, and Forecast
- Political Geography:
- Europe, Asia, and Americas
94. Asia: Forecast summary
- Publication Date:
- 06-2023
- Content Type:
- Country Data and Maps
- Institution:
- Economist Intelligence Unit
- Abstract:
- No abstract is available.
- Topic:
- Economy, Background, Charts and tables, and Annual indicators
- Political Geography:
- Asia
95. Why Democracies Implement Better Climate Actions: Case Study of India, the Philippines, and Japan
- Author:
- Niranjan Sahoo and Jisoo Park
- Publication Date:
- 07-2023
- Content Type:
- Policy Brief
- Institution:
- East Asia Institute (EAI)
- Abstract:
- Asia is the most populous and one of the most climate-vulnerable regions in the world. Long coastline, vast low lying areas comprising many small island nations make it highly susceptible to climate change such as rising sea level and extreme weather events like floods, landslides. For many critics, democracies' response to climate change is much impeded due to their slow decision-making process and short-termism governed by electoral compulsions. Some analysts go as far as to claim that authoritarianism is needed to tackle the crisis more effectively. However, close examination of different governance structure's climate actions strongly supports that democracies are inherently better at handling climate crisis compared to authoritarian regimes. This article explores the multifaceted impact of climate change to democracy and delves into the case studies of India, the Philippines, and Japan to identify strengths as well as areas of improvement that democracies should consider to establish meaningful climate actions.
- Topic:
- Climate Change, Authoritarianism, Democracy, and Accountability
- Political Geography:
- Japan, India, Asia, and Philippines
96. Australia’s Role Supporting Democracies as a Middle Power
- Author:
- Michael J. Green and Victoria Cooper
- Publication Date:
- 07-2023
- Content Type:
- Commentary and Analysis
- Institution:
- East Asia Institute (EAI)
- Abstract:
- Michael J. Green (Professor and CEO of the United States Study Centre (USSC) in Sydney) and Victoria Cooper (Research Editor at the USSC) analyze Australia’s strengths as a middle power in the face of Beijing’s pressure campaign, and offer areas of regional cooperation that like-minded countries, including Australia, can build upon in order to defend democracy against authoritarian regimes. While acknowledging the limited capacity of Australia to independently counter Beijing’s illiberal behavior, the authors argue that through the expansion of development initiatives, promotion of women’s empowerment, and anti-corruption drives, Canberra can play a key role in leading multilateral efforts to promote democratic resilience in the region.
- Topic:
- Diplomacy, Statecraft, Middle Power, and Regional Politics
- Political Geography:
- China, Asia, and Australia
97. Japan’s Gradual Move to Address Technological Challenges to Democracy
- Author:
- Maiko Ichihara
- Publication Date:
- 04-2023
- Content Type:
- Commentary and Analysis
- Institution:
- East Asia Institute (EAI)
- Abstract:
- Maiko Ichihara, a professor at Hitotsubashi University Graduate School of Law, explores the challenges that technological advancements pose to democracy and analyzes Japan’s recent efforts to regulate disinformation and protect private data. Despite the absence of global regulations on digital technology, Ichihara highlights Japan’s domestic fact-checking efforts as well as its multilateral initiatives with G7 to create action plans promoting international cooperation against disinformation and data privacy abuse. In order to bolster democracy in the digital realm, she advocates for a proactive development of counter-narratives to fake news on social media.
- Topic:
- Science and Technology, Democracy, Regulation, Privacy, Social Media, G7, Disinformation, Data Collection, and Digital Space
- Political Geography:
- Japan and Asia
98. Restoring Democracy in Myanmar: A Call for Bolstered Anti-Junta Resistance Forces
- Author:
- Lin Htet Myat
- Publication Date:
- 02-2023
- Content Type:
- Commentary and Analysis
- Institution:
- East Asia Institute (EAI)
- Abstract:
- February 2023 marks the second anniversary of the military coup in Myanmar that ousted its civilian government and cracked down on democratic protests. Lin Htet Myat, a political analyst from Myanmar, assesses the grim situation in the country and offers new approaches that both the international community and the Burmese anti-junta forces should take to facilitate the restoration of democracy. The author argues that the international community must not engage the junta to seek for a peaceful resolution, and instead strengthen material support and communication with anti-junta forces within Myanmar. Meanwhile, Burmese democratic resistance forces should bolster military cooperation among like-minded groups and build trust in preparation for a federal democratic Myanmar.
- Topic:
- Democracy, Coup, Humanitarian Crisis, and ASEAN
- Political Geography:
- Asia and Myanmar
99. Taiwan’s Civic Space Threatened by Chinese Misinformation and the Government’s Worrisome Legislative Responses
- Author:
- Chin-en Wu
- Publication Date:
- 02-2023
- Content Type:
- Commentary and Analysis
- Institution:
- East Asia Institute (EAI)
- Abstract:
- Civic space in Taiwan is consistently threatened by misinformation campaigns and operations run by external forces, particularly mainland China. Chin-en Wu, an associate research fellow at the Institute of Political Science at Academia Sinica, assesses that China disseminates fake news to portray positive image of itself while creating internal polarization and competition in Taiwan. The Taiwanese government has attempted to take various measures, such as amending the Social Order Maintenance Act and introducing social media regulation bill, to counter the rampant Chinese misinformation activities. Although Wu acknowledges that the Taiwanese government should collaborate with the civil society to safeguard the island from misinformation, Wu warns that the government must be conscious of the potential damage that the restrictive measures against fake news could inflict on Taiwan’s liberal democracy.
- Topic:
- Democracy, Social Media, Misinformation, and Civic Engagement
- Political Geography:
- Taiwan and Asia
100. One Thing It Lacks: South Korea’s North Korea Policy in 2023 National Security Strategy
- Author:
- Yang Gyu Kim
- Publication Date:
- 06-2023
- Content Type:
- Commentary and Analysis
- Institution:
- East Asia Institute (EAI)
- Abstract:
- Yang Gyu Kim, Principal Researcher at the East Asia Institute, conducts a critical analysis of the new National Security Strategy published on June 7, 2023 and offers policy recommendations for the ROK government’s DPRK policy outlined in the document. While Kim identifies with the National Security Office’s emphasis on strengthening deterrence measures against growing DPRK nuclear and missile threats, he highlights that South Korean countermeasures create a feedback loop that affects North Korea’s threat perception. The author, therefore, points out the limits of the current 3D (Deterrence, Dissuasion, Dialogue) approach and recommends including a “Development” strategy to encourage Pyongyang to envision an alternative future path of prosperity and voluntarily take the denuclearization path.
- Topic:
- Development, National Security, Deterrence, Dialogue, and Threat Perception
- Political Geography:
- Asia, South Korea, and North Korea