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5402. Going Too Far: Bush's Pledge to Defend Taiwan
- Author:
- Ted Galen Carpenter
- Publication Date:
- 05-2001
- Content Type:
- Policy Brief
- Institution:
- The Cato Institute
- Abstract:
- When he pledged to do whatever was necessary—even use U.S. military forces—to help Taiwan defend itself, President George W. Bush seemingly replaced Washington's long-standing policy of “strategic ambiguity” with a policy of strategic clarity. Although the president and his advisers subsequently retreated from his initial rhetorical stance, both China and Taiwan are likely to believe that Bush's original statement accurately reflects U.S. policy. That creates an extremely dangerous situation for the United States.
- Topic:
- Security, Defense Policy, and Politics
- Political Geography:
- United States, China, Washington, Taiwan, and Asia
5403. China And US Foreign Policy In The Asia-Pacific: Living With American Dominance
- Author:
- Mike Smith and Nicholas Khoo
- Publication Date:
- 06-2001
- Content Type:
- Policy Brief
- Institution:
- Chatham House
- Abstract:
- Since the end of the Second World War, US foreign policy towards the Asia-Pacific has been characterized by the assertion of American dominance. To this end, policy-makers in Washington have adopted a varied policy towards China. From 1950 to 1972, the US pursued a containment policy designed to thwart the revolutionary goals of Maoist foreign policy. Beginning with Nixon's rapprochement with Beijing in 1972, US policy was dramatically altered to meet the overriding goal of deterring the Soviet threat. The US and China actively cooperated to contain Soviet and Vietnamese influence in Northeast and Southeast Asia. The end of the Cold War, preceded shortly before by the Tiananmen massacre, saw another shift in the US position, whereby China was no longer looked upon with favour in Washington. Acting on his presidential campaign promises not to repeat George Bush Senior's policy of 'coddling dictators'in Beijing, President Clinton initially enacted a policy that explicitly linked China's human rights record to the renewal of most favoured- nation trade status with the US. When this linkage failed, a striking policy reversal occurred as the Clinton administration adopted an unrestrained engagement policy in which it eventually underplayed Sino-US differences in the spheres of trade, human rights, and strategic-military ties.
- Topic:
- Security and Foreign Policy
- Political Geography:
- United States, China, America, Washington, Beijing, and Asia
5404. The India-China Relationship: What the United States Needs to Know
- Author:
- Justin Sommers and Rapporteur
- Publication Date:
- 11-2001
- Content Type:
- Working Paper
- Institution:
- Asia Society
- Abstract:
- The Woodrow Wilson International Center for Scholars and the Asia Society are pleased to present the report of our conference entitled “The India-China Relationship: What the United States Needs to Know,” which took place in Washington, D.C., on November 30, 2001. The conference, engaging experts and policymakers both in and out of government, was one phase in a larger joint project of the two organizations that will result in a scholarly volume.
- Topic:
- Diplomacy and Political Economy
- Political Geography:
- United States, China, South Asia, Washington, India, and Asia
5405. What Drove Relative Wages in France? Structural Decomposition Analysis in a General Equilibrium Framework, 1970-92
- Author:
- Sébastien Jean and Olivier Bontout
- Publication Date:
- 09-2001
- Content Type:
- Working Paper
- Institution:
- Centre for European Policy Studies (CEPS)
- Abstract:
- This paper confronts a CGE model to observed evolutions in France, between 1970 and 1992, through a structural decomposition analysis. The choice of the model and the assumption of constant elasticities over time enable the structural change of the economy between two equilibria to be summarised through a set of four types of state variables, reflecting the effect of technical change, changes in factor supplies, shifts in consumption patterns, and international trade. Simulations then allow the contribution of each of these shocks to be assessed. We find that technical change had a strong positive impact on the relative wage of skilled to unskilled workers, while the impact of changes in factor supplies is strongly negative. The effect of international trade is far less important. However, if we take into account a trade-induced effect on productivity, then we find that trade substantially increased wage inequalities.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- China, Europe, and France
5406. Missile Defence and European Security
- Author:
- François Heisbourg, Klaus Becher, Alexander Pikayev, and Ivo H. Daalder
- Publication Date:
- 05-2001
- Content Type:
- Working Paper
- Institution:
- Centre for European Policy Studies (CEPS)
- Abstract:
- European NATO countries have been spectators to the debate about defending the US against ballistic missile attacks. While there have been national differences in Europe's reactions to the national missile defence (NMD) programme, it is obvious that most Europeans don't like it. The French seem somewhat more convinced than others that missile defence is inherently foolish and unworkable. Some British experts seem to insist more than others that any programme that might undermine NATO's nuclear deterrence and strategic unity should be avoided. And perhaps Germans, more than others, worry about perceived dangers to the ABM and other arms control treaties, and generally about relations with Russia. Most Europeans at present believe that US defence against long-range ballistic missiles is a slap in the face for Russia, a dangerous provocation for China and an inadequate response to the proliferation of weapons of mass destruction (WMD) and missile technology.
- Topic:
- Security, Defense Policy, NATO, and Terrorism
- Political Geography:
- Russia, United States, China, Europe, and Germany
5407. HIV/AIDS as a Security Issue
- Publication Date:
- 06-2001
- Content Type:
- Working Paper
- Institution:
- International Crisis Group
- Abstract:
- It is projected that, at current rates, more than 100 million people worldwide will have been infected with HIV by 2005. Where the epidemic has hit hardest, Sub-Saharan Africa, experts believe AIDS will eventually kill one in four adults. Seven countries already have adult prevalence rates above 20 per cent of the population.
- Topic:
- Conflict Prevention, International Relations, Security, and Human Welfare
- Political Geography:
- Africa, Russia, China, Europe, India, Asia, and Southeast Asia
5408. Foreign Direct Investment in China: Effects on Growth and Economic Performance
- Author:
- Edward M. Graham and Erika Wada
- Publication Date:
- 04-2001
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- By almost all accounts, foreign direct investment (FDI) in China has been one of the major success stories of the past 10 years. Starting from a base of less than $19 billion in 1990, the stock of FDI in China rose to over $300 billion at the end of 1999. Ranked by the stock of inward FDI, China thus has become the leader among all developing nations and second among the APEC nations (only the United States holds a larger stock of inward FDI). China's FDI consists largely of greenfield investment, while inward FDI in the United States by contrast has been generated more by takeover of existing enterprises than by new establishment, a point developed later in this paper. The majority of FDI in China has originated from elsewhere in developing Asia (i.e., not including Japan). Hong Kong, now a largely self-governing “special autonomous region” of China itself, has been the largest source of record. The dominance of Hong Kong, however, is somewhat illusory in that much FDI nominally from Hong Kong in reality is from elsewhere. Some of what is listed as Hong Kong-source FDI in China is, in fact, investment by domestic Chinese that is “round-tripped” through Hong Kong. Other FDI in China listed as Hong Kong in origin is in reality from various western nations and Taiwan that is placed into China via Hong Kong intermediaries. Alas, no published records exist to indicate exactly how much FDI in China that is nominally from Hong Kong is in fact attributable to other nations.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- United States, Japan, China, Israel, East Asia, Asia, and Hong Kong
5409. Thinking Beyond the Stalemate in U.S. - Iranian Relations, Volume I - Policy Review
- Author:
- Brent Scowcroft, C. Richard Nelson, Lee H. Hamilton, and James Shlesinger
- Publication Date:
- 05-2001
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- The current stalemate between the United States and Iran, while emotionally satisfying to many Americans, does not serve overall U.S. interests well. It hinders the achievement of several key U.S. geopolitical interests, especially over the longer term. These interests include, but are not limited to, regional stability, energy security, and the broader and evolving geopolitical relationships between the United States and China and Russia in the Persian Gulf and Caspian basin. Furthermore, the leading industrial countries are moving to improve relations with Iran.
- Topic:
- International Relations and Foreign Policy
- Political Geography:
- Russia, United States, China, and Middle East
5410. Rough Waters in the South China Sea: Navigation Issues and Confidence-Building Measures
- Author:
- Ji Guoxing
- Publication Date:
- 08-2001
- Content Type:
- Policy Brief
- Institution:
- East-West Center
- Abstract:
- In the wake of a collision between a U.S. spy plane and a Chinese jet fighter off the coast of Hainan in April 2001, verbal skirmishing between the United States and China revealed sharply different conceptions of jurisdictional and navigational principles. These differences persist and will likely be the cause of future conflicts; they have already caused strife among countries ringing the South China Sea. Central to these conflicts are the exclusive economic zones (EEZ) that extend 200 nm into the sea from coastal nations' baselines. Created by the UN Law of the Sea Convention, these zones attempt to accommodate coastal states' interest in controlling offshore resources and maritime powers' interests in maintaining freedom of navigation. But ambiguities in the Convention's language combined with coastal states' proliferating EEZ claims have created a tinderbox. The situation will remain volatile as long as the focus remains on jurisdictional disputes. But confidence-building efforts aimed more narrowly on practical navigation issues and managing “incidents at sea” offer a starting point for first bilateral and then multilateral agreements. In the wake of a collision between a U.S. spy plane and a Chinese jet fighter off the coast of Hainan in April 2001, verbal skirmishing between the United States and China revealed sharply different conceptions of jurisdictional and navigational principles. These differences persist and will likely be the cause of future conflicts; they have already caused strife among countries ringing the South China Sea. Central to these conflicts are the exclusive economic zones (EEZ) that extend 200 nm into the sea from coastal nations' baselines. Created by the UN Law of the Sea Convention, these zones attempt to accommodate coastal states' interest in controlling offshore resources and maritime powers' interests in maintaining freedom of navigation. But ambiguities in the Convention's language combined with coastal states' proliferating EEZ claims have created a tinderbox. The situation will remain volatile as long as the focus remains on jurisdictional disputes. But confidence-building efforts aimed more narrowly on practical navigation issues and managing “incidents at sea” offer a starting point for first bilateral and then multilateral agreements.
- Topic:
- Security, Energy Policy, and International Law
- Political Geography:
- United States, Japan, and China
5411. Constitutional Causes for Technological Leadership: Why Europe?
- Author:
- Jurgen G. Backhaus
- Publication Date:
- 08-2001
- Content Type:
- Working Paper
- Institution:
- Independent Institute
- Abstract:
- In a paper circulated towards the end of 1997 under the title Why Europe?, Gordon Tullock poses a simple question and provides a tentative, yet provocative answer. The question is why the technological take off took place in Europe and in the 19th century when well into the 18th century other areas of the world, and notably China, looked much better poised for technological and scholarly leadership than Europe. His tentative answer turns on the constitutional composition of the landscape of political entities in Europe. This essay tries to provide some further underpinnings to aspects of Gordon Tullock's preliminary answer.
- Topic:
- Industrial Policy and Science and Technology
- Political Geography:
- China and Europe
5412. Russia in the International System
- Publication Date:
- 06-2001
- Content Type:
- Working Paper
- Institution:
- Board of Governors of the Federal Reserve System
- Abstract:
- Russia's Foreign Policy Russian foreign policy in the coming years will be characterized by weakness; frustration--primarily with the United States as the world's preeminent power--over Russia's diminished status; generally cautious international behavior; and a drive to resubjugate, though not reintegrate, the other former Soviet states. The international situation affords Russia time to concentrate on domestic reforms because, for the first time in its history, it does not face significant external threats. But rather than use the breathing space for domestic reforms, Putin is as much--if not more--focused on restoring Russia's self-defined rightful role abroad and seeking to mold the CIS into a counterweight to NATO and the European Union. The Outside World's Views of Russia Russia does not have any genuine allies. Some countries are interested in good relations with Russia, but only as a means to another end. For example, China sees Russia as a counterweight to the United States but values more highly its ties with the United States. Some countries see Russia as a vital arms supplier but resent Russia also selling arms to their rivals (China-India, Iran-Iraq). Pro-Russia business lobbies exist in Germany, Italy, Turkey, and Israel (one-fifth of whose population now consists of Soviet émigres), but they do not single-handedly determine national policies. Europe is the only region that would like to integrate Russia into a security system, but it is divided over national priorities and institutional arrangements as well as put off by some Russian behavior. Most CIS governments do not trust their colossal neighbor, which continues to show an unsettling readiness to intervene in their internal affairs, though they know Russia well and are to a considerable degree comfortable in dealing with it. Turkey has developed an improved dialogue and an unprecedented number of economic ties with Russia during the post-Cold War period, but this more positive pattern of relations has not fully taken root, and Ankara remains suspicious of Moscow's intentions. Since the collapse of the Soviet Union, Moscow's role in the Middle East has been reduced, but Israel, Syria, Egypt, Libya, and Iraq all favor good relations with Russia. Mutual interests also override disagreements in Russian-Iranian relations, but Tehran is wary of Russian behavior, particularly toward Saddam Hussein. India still trusts Russia--a sentiment that is perhaps a residue of the genuine friendship of Cold War days--but clearly not in the same way it once did, and New Delhi fears that weakness will propel Russia into doing things that could drive India further away. In East Asia, the most substantial breakthrough has been the resurrected relationship between Russia and China, one that entails significant longer-term risk for Russia. Other countries in the region value their links with Moscow as a means to balance a more powerful China, or as a useful component of their larger political and economic strategies, but Russia's role in East Asia--as elsewhere--remains constrained by the decline in its political, military, and economic power over the last decade. Russia's Weakness Russia's weakness stems from long-term secular trends and from its domestic structure. In essence, the old nomenklatura and a few newcomers have transformed power into property on the basis of personal networks and created an equilibrium resting on insider dealings. These insiders may jockey for position but have a vested interest in preserving the system. The public does not like the system but is resigned to it and gives priority to the preservation of order. As for the economy, it is divided into a profitable, internationally integrated sector run by oligarchs and a much larger, insulated, low-productivity, old-style paternalistic sector that locks Russia into low growth. No solace will be forthcoming from the international business and energy worlds. They do not expect the poor commercial climate to improve greatly and will not increase investments much beyond current levels until it does. Militarily, Russia will also remain weak. Its nuclear arsenal is of little utility, and Moscow has neither the will nor the means to reform and strengthen its conventional forces. Hope for the Future? The best hope for change in Russia lies with the younger generation. Several participants reported that under-25 Russians have much more in common with their US counterparts, including use of the Internet, than with older Soviet generations. But there was some question over whether the new generation would change the system or adapt to it. Others placed some hope in international institutions, for instance the World Trade Organization, eventually forcing Russia to adapt to the modern world. Dissenting Views Some participants dissented from the overall forecast of depressing continuity. The keynote speaker, James Billington, stated that Russia would not be forever weak and that the current confusion would end in a few years either through the adoption of authoritarian nationalism or federated democracy. One scholar felt the Chechen war was feeding ethnic discord in other areas of the Federation to which Moscow would respond with increased authoritarianism, not necessarily successfully. Finally, a historian observed that the patience of Russians is legendary but not infinite, meaning that we should not be overly deterministic.
- Topic:
- International Relations, Foreign Policy, and Development
- Political Geography:
- Russia, United States, China, Middle East, and Israel
5413. Second Annual Report
- Publication Date:
- 05-2001
- Content Type:
- Working Paper
- Institution:
- Board of Governors of the Federal Reserve System
- Abstract:
- The Commission considerably broadened its activities in its second full year, monitoring religious-freedom violations worldwide and increasing the number of countries it would study in depth. In July, the Commission wrote to the Secretary of State to recommend that Laos, Democratic People's Republic of Korea, Saudi Arabia, and Turkmenistan be added to the list of “countries of particular concern” as provided for in the International Religious Freedom Act of 1998 (IRFA). It also recommended that Burma, China, Iran, Iraq, Sudan, the Milosevic regime in Serbia and the Taliban in Afghanistan remain on the list. In addition, it wrote that India, Pakistan, Uzbekistan, and Vietnam are serious violators of religious freedom deserving careful State Department monitoring; it also expressed concerns about sectarian violence in Indonesia and Nigeria.
- Topic:
- Foreign Policy, Diplomacy, Human Rights, and Religion
- Political Geography:
- Pakistan, Afghanistan, United States, China, Iraq, Iran, Sudan, Taliban, and Vietnam
5414. Asian Perspectives on the Challenges of China
- Publication Date:
- 01-2001
- Content Type:
- Working Paper
- Abstract:
- The Institute for National Strategic Studies (INSS) held its annual Pacific symposium on “Asian Perspectives on the Challenges of China” at the National Defense University in Washington on March 7 and 8, 2000. This event brought together representatives of the policy community and academe from Australia, the People's Republic of China, India, Japan, the Republic of Korea, Singapore, Thailand, and the United States. It focused on how perceptions of China influence defense and foreign policies in key nations of the Asia- Pacific region, how the likely course of developments in China might affect the future policies of countries in the region, and how such changes might impact on their security relations with the United States.
- Topic:
- Security, Defense Policy, and International Law
- Political Geography:
- United States, Japan, China, India, Korea, Singapore, and Thailand
5415. China: Making the Case for Realistic Engagement
- Author:
- Michael E. Marti
- Publication Date:
- 09-2001
- Content Type:
- Working Paper
- Abstract:
- Chinese aspirations to become a great power in the 21st century have numerous regional implications. Beijing claims to seek a peaceful international climate so as to concentrate on domestic development. Yet under the rubric of a New Security Concept (NSC), China also is pursuing a long-term strategy to alter radically regional power relationships that have contributed to prosperity and relative stability in East Asia over the past 50 years.
- Topic:
- Defense Policy
- Political Geography:
- United States, China, Beijing, and East Asia
5416. Regional Conflicts with Strategic Consequences
- Author:
- M. Elaine Bunn, Richard D. Sokolsky, and David E. Mosher
- Publication Date:
- 07-2001
- Content Type:
- Working Paper
- Abstract:
- The strategic environment facing the United States has changed radically in the past decade. The United States needs to reexamine traditional ways of planning for the use of military force in conflicts that threaten vital interests and that could escalate to the highest levels of violence. Several characteristics define the new environment: Changed relationships between the major powers. The bipolar world of the Cold War has yielded to U.S. preeminence in virtually every facet of power, while Russia has become a second-tier power. China now has the seventh largest economy in the world and is modernizing both its conventional and nuclear forces—though it is unlikely to replace the former Soviet Union as the second pole in a reconfigured bipolar world. The rise of regional powers, such as Iraq and Iran. These aspiring regional hegemons are unhappy with a status quo that is preserved by American military power. The end of bipolarity has brought this antagonism to the fore. During the Cold War, regional conflicts played out within the context of the broader ideological and strategic conflict between the two superpowers, which also tamped down pressures for escalation and proliferation for fear that conflict would spiral out of control. That all ended with the Cold War. The collapse of the Soviet empire made it impossible for Russia to continue supporting its allies abroad, who were forced to become responsible for their own security. The possibility that smaller rogue states might try to keep the United States out of a regional conflict. By credibly threatening that the fight could escalate and even involve homeland attacks on the United States or its partners, a regional pariah might hope to prevent the United States from committing forces to the conflict or hinder it from building coalitions with European and regional allies. Failing that, a regional adversary could seek to delay and disrupt U.S. deployments to the theater and hamper operations. Finally, the leadership of a rogue state may be able to preserve its regime even in defeat if it could strike the American homeland or American allies. In short, regional powers are developing the capability to conduct strategic warfare against the United States. The importance these countries place on asymmetric warfare probably has been encouraged by the American distaste for wartime casualties and worries about self-deterrence.
- Topic:
- Security and Defense Policy
- Political Geography:
- Russia, United States, and China
5417. Russian Policy toward the Korean Peninsula, 1991-2001
- Author:
- Jane Shapiro Zacek
- Publication Date:
- 09-2001
- Content Type:
- Journal Article
- Journal:
- International Journal of Korean Studies
- Institution:
- International Council on Korean Studies
- Abstract:
- In July of 2000, Russian Federation (RF) President Vladimir Putin spent two days in Pyongyang, North Korea, the first Russian (or Soviet) head of state ever to visit that country. Newly elected President in his own right in March 2000, Putin wasted no time promoting his East Asia foreign policy agenda, including presidential visits to South Korea, China, and elsewhere in the region within the past year.
- Political Geography:
- Russia, China, East Asia, South Korea, North Korea, Soviet Union, Korea, Sinai Peninsula, and Pyongyang
5418. In Search of New Patterns of Rivalry and Interdependence: China-Japan Relations in a Changing Northeast Asia
- Author:
- Taeho Kim
- Publication Date:
- 09-2001
- Content Type:
- Journal Article
- Journal:
- International Journal of Korean Studies
- Institution:
- International Council on Korean Studies
- Abstract:
- The future of China-Japan relations will have a decisive impact on post-Cold War East Asia's economic and political order. Japan and China embody the world's second- and, by PPP-based calculations, third-largest economies, respectively, and wield growing political clout in regional affairs. Militarily, despite the different nature and sources of their national power, both countries are the major factors to be reckoned with in any East Asian strategic equation.
- Political Geography:
- Japan, China, and East Asia
5419. China's Conflict Behavior in Korea Revisited: Implications for East Asian Security
- Author:
- Bin Yu
- Publication Date:
- 03-2001
- Content Type:
- Journal Article
- Journal:
- International Journal of Korean Studies
- Institution:
- International Council on Korean Studies
- Abstract:
- In the past decade or two, China's military operation during the Korean War (1950-1953) has been extensively documented in both English and Chinese literatures."
- Political Geography:
- China and East Asia
5420. The Impact of the Korean War on the Korean Economy
- Author:
- Jong Won Lee
- Publication Date:
- 03-2001
- Content Type:
- Journal Article
- Journal:
- International Journal of Korean Studies
- Institution:
- International Council on Korean Studies
- Abstract:
- The three-year long Korean War (June 25, 1950 - July 27, 1953) devastated both South and North Korean economies. It broke out when the two Koreas barely managed to maintain socio-economic stability and restore pre-WWII industry production capability to some extent. The distorted and exploited economy by Imperial Japan was demolished by the brutal war. It started out as the appearance of a civil war, but in effect was carried out as an international war. Thus, it was a severe and hard-fought one between UN forces (including South Korea and 16 other nations) and North Korea and its allies (China and USSR). Although it took place in a small country in Far-Eastern Asia, it developed into a crash between world powers, East and West, and left treacherous and incurable wounds to both Koreas. Nearly four million people were presumed dead, and much worse were the property and industrial facility damages.1 Its impact on the Korean economy was so immense that consequential economic systems and policies re-framed the course of economic development in the following years. In spite of such enormous impacts of the Korean war on the economy, few studies exist. Of those that do, most are centered around describing or estimating war-related damages, while some focus on the long-term effects of US aid on the Korean economy.
- Political Geography:
- United States, Japan, China, East Asia, South Korea, North Korea, and Korea
5421. US/China— Spyplane Accord
- Author:
- Caspar Fithin
- Publication Date:
- 04-2001
- Content Type:
- Policy Brief
- Institution:
- Oxford Analytica
- Abstract:
- China said yesterday it would release the crew of the US EP-3 surveillance aircraft that was forced to land in Hainan Island on April 8, following a mid-air collision with a Chinese fighter. The Bush administration will welcome resolution of the dispute, especially as opinion polls released yesterday showed that a majority of US citizens regarded the crew as 'hostages'. Had the 24 crew members not been released before the Easter holiday, the crisis would have become far more significant for the White House, and inflamed anti-China sentiment in Congress. In the short term, resolution of the crisis will result in a scaling down of the criticism of some conservatives that the White House has been unduly accommodating towards China. However, in the longer-term, the episode will strengthen the conservative 'anti-China' lobby in Washington, which could hamper Bush's future attempts to improve relations with Beijing.
- Topic:
- International Relations and Politics
- Political Geography:
- United States, China, Washington, and Beijing
5422. Hegemon on the Offensive: Chinese Perspectives on U. S. Global Strategy
- Author:
- Yong Deng
- Publication Date:
- 09-2001
- Content Type:
- Journal Article
- Journal:
- Political Science Quarterly
- Institution:
- Academy of Political Science
- Abstract:
- YONG DENG examines Chinese perceptions of and reactions to the U.S. global power status and grand security strategy after the cold war. He shows that conflict between the United States and China is structural and has been on the rise. The author believes there is a real danger of an escalation of balancing and counterbalancing unless a mechanism of peaceful change is devised.
- Topic:
- International Relations, Foreign Policy, National Security, and Hegemony
- Political Geography:
- China and United States of America
5423. Permanent Normal Trade Relations for China
- Author:
- Nicholas R. Lardy
- Publication Date:
- 05-2000
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- In what has been described as its most important vote this year, the U.S. Congress will soon decide whether to provide permanent normal trade relations to China. A vote is required because, after 14 years of negotiations, China is poised to enter the World Trade Organization (WTO). Assuming China concludes its bilateral negotiations with the European Union by June or July, entry is likely before the end of the year. The cornerstone principle of the World Trade Organization is that members provide each other unconditional Most Favored Nation trade status, now called Permanent Normal Trade Relations (PNTR) in U.S. trade law. Current U.S. law precludes granting PNTR to China; as a result President Clinton has asked Congress to amend the law. A negative vote would have no bearing on China's entry into the World Trade Organization, but it would mean that U.S. companies would not benefit from the most important commitments China has made to become a member. Gaining the full range of benefits is particularly important in light of the large and growing deficit the United States faces in its trade with China (Figure 1). A positive vote would give U.S. companies the same advantages that would accrue to companies from Europe, Japan, and all other WTO member states when China enters the World Trade Organization. It would also provide an important boost to China's leadership, that is taking significant economic and political risks in order to meet the demands of the international community for substantial additional economic reforms as a condition for its WTO membership. A positive vote would strengthen bilateral economic relations more generally. That may help place a floor on the broader bilateral relationship, which continues to face critical challenges on security issues, stemming largely from tensions between China and Taiwan, and on human rights issues.
- Topic:
- International Relations and International Trade and Finance
- Political Geography:
- United States, China, Europe, and Asia
5424. A Foreign Policy Report Card on the Clinton-Gore Administration
- Author:
- Jonathan G. Clarke
- Publication Date:
- 10-2000
- Content Type:
- Policy Brief
- Institution:
- The Cato Institute
- Abstract:
- The foreign policy record of the Clinton-Gore administration deserves a less than stellar grade. At the end of the Cold War, there was an extraordinary opportunity to build a new relationship with a democratic Russia; restructure U.S. security policy in both Europe and East Asia to reduce America's burdens and risk exposure; and revisit intractable Cold War–era problems, such as the frosty relations with Cuba, Vietnam, and North Korea. The administration's performance must be judged within the context of such an unprecedented opportunity for constructive change.
- Topic:
- International Relations and Foreign Policy
- Political Geography:
- Russia, United States, China, Europe, Israel, East Asia, Asia, North Korea, and Vietnam
5425. China's Long March to a Market Economy
- Author:
- Mark A. Groombridge
- Publication Date:
- 04-2000
- Content Type:
- Policy Brief
- Institution:
- The Cato Institute
- Abstract:
- The U.S. Congress is in the historic position of being able to help pro-reform leaders in China move their country in a market-oriented direction. A vote to grant China permanent normal trade relations (PNTR) status will bolster the position of those leaders in Beijing who are attempting to deepen and broaden the scope of China's two-decade experiment with economic reform. Granting PNTR and China's subsequent accession to the World Trade Organization will benefit, not only the United States and the world trading community, but most directly the citizens of China, millions of whom are still mired in abject poverty.
- Topic:
- International Relations, Foreign Policy, and International Trade and Finance
- Political Geography:
- United States, China, Beijing, and Asia
5426. Financial Services Liberalization in China: Conservative Gradualism
- Author:
- Chen Yixin
- Publication Date:
- 01-2000
- Content Type:
- Policy Brief
- Institution:
- Chatham House
- Abstract:
- Recent years have seen increasing liberalization of trade in financial services associated with the GATT / WTO negotiations. The Agreement concluded on 13 December 1997 by 70 WTO members will result in a significant impact on the financial services sector for these members. Although China has not yet been admitted to membership of the WTO, it has come under pressure to open its financial services market. Market access in this sector has been not only one of the major issues in its WTO accession talks, but also intrinsically linked to China's ongoing domestic financial system reforms, consistent with the gradualist scheme for its overall economic reform. China has been liberalizing its financial services sector, but only gradually. This paper outlines the reforms in its financial sector since 1979, and then offers an explanation for the slow speed of reform .
- Topic:
- Economics and International Trade and Finance
- Political Geography:
- China and Shanghai
5427. Hong Kong and the Pearl River Delta: "One Country, Two Systems" in the Emerging Metropolitan Context
- Author:
- Thomas P. Rohlen
- Publication Date:
- 07-2000
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- Now, more than at any point since 1949, Hong Kong's economic future is tied to that of China. This commonplace observation must be coupled with the less obvious, but equally fundamental point that Hong Kong's future with China is based largely on activities that arise in or pass through the Pearl River Delta. This region, however, is cut in half by a sovereign border and governed by a patchwork of political authorities. The Delta as a whole is rich with opportunities, but it is increasingly apparent that these can be realized only if integration moves forward, both in a metropolitan and regional sense. This prospect is currently marked by serious uncertainties.
- Topic:
- Security
- Political Geography:
- United States, China, Asia, and Hong Kong
5428. The United States and the Republic of China, 1949-1978: Suspicious Allies
- Author:
- Steven M. Goldstein
- Publication Date:
- 02-2000
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- This paper discusses the relationship between the United States and the Republic of China (ROC) from 1949 to 1979. This was an association that began and ended with an American determination to distance itself from the government on Taiwan, in the interests of improved relations with the government of the People's Republic of China (PRC) on the mainland. In the intervening years, the United States and the ROC were aligned in a relationship—formalized by a mutual defense treaty from 1955 to 1979—which weathered two (almost three) military confrontations with the PRC.
- Topic:
- Security
- Political Geography:
- United States, China, America, and Asia
5429. Sustainable Development and the Open-Door Policy in China
- Author:
- James K. Galbraith and Jaiging Lu
- Publication Date:
- 05-2000
- Content Type:
- Working Paper
- Institution:
- Council on Foreign Relations
- Abstract:
- How can one best explain China's remarkable economic growth during twenty-one years and its rise from autarky to world economic power? The exercise requires chutzpah; it demands simplification; it cries out for the trained capacity to present a unifying theme with a weighty set of policy implications.
- Topic:
- Development
- Political Geography:
- China and Asia
5430. China, Nuclear Weapons, and Arms Control: A Preliminary Assessment
- Author:
- Robert A. Manning, Ronald Montaperto, and Brad Roberts
- Publication Date:
- 04-2000
- Content Type:
- Working Paper
- Institution:
- Council on Foreign Relations
- Abstract:
- Historically, U.S. nuclear strategists and arms control experts have paid little attention to the People's Republic of China (PRC). China has not been a major factor in the U.S. nuclear calculus, which has remained centered on U.S.-Russian nuclear arsenals as the principal framework for arms control and arms reductions. Yet today China is the only one of the five de jure nuclear weapons states qualitatively and quantitatively expanding its nuclear arsenal.
- Topic:
- Security, Foreign Policy, Defense Policy, Arms Control and Proliferation, and Nuclear Weapons
- Political Geography:
- Russia, United States, China, Europe, and Asia
5431. The United States, Japan, and China: Setting the Course
- Author:
- Neil E. Silver
- Publication Date:
- 04-2000
- Content Type:
- Working Paper
- Institution:
- Council on Foreign Relations
- Abstract:
- The political dynamics of China-Japan relations have changed in reaction to three events: the demise of bipolar world politics, China's ''rise,'' and Japan's unexpected economic stall. These changed political dynamics have brought important challenges and consequences for the United States.
- Topic:
- International Relations and Security
- Political Geography:
- United States, Japan, China, Israel, East Asia, and Asia
5432. The New Asian Challenge
- Author:
- C. Fred Bergsten
- Publication Date:
- 03-2000
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- The initial postwar challenge from East Asia was economic. Japan crashed back into global markets in the 1960s, became the largest surplus and creditor country in the 1980s, and was viewed by many as the world's dominant economy by 1990. The newly industrialized countries (Korea, Taiwan, Hong Kong, Singapore) followed suit on a smaller but still substantial scale shortly thereafter. China only re-entered world commerce in the 1980s but has now become the second largest economy (in purchasing power terms), the second largest recipient of foreign direct investment inflows, and the second largest holder of monetary reserves. Indonesia and most of Southeast Asia grew at 7 percent for two or more decades. The oil crises of the 1970s and the financial crises of the late 1990s injected temporary setbacks but East Asia has clearly become a third major pole of the world economy, along with North America and Western Europe.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- Japan, China, Europe, Israel, Taiwan, East Asia, Asia, North America, Korea, Singapore, and Hong Kong
5433. U.S. - Japan Energy Cooperation to Help Achieve Sustainable Energy Development in Asia
- Author:
- Richard L. Lawson, Donald L. Guertin, Shinji Fukukawa, and Kazuo Shimoda
- Publication Date:
- 11-2000
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- Given the dramatic increases in economic growth, energy use and attendant environmental problems in Asia, it is timely for Japan and the United States to increase their bilateral cooperation and cooperation with other Asian countries in the energy field as an integral part of their efforts to help Asia achieve sustainable development. The magnitude of growth in Asia in energy use is well illustrated, for example, by a projected doubling in China from 1990 to 2020. Projections indicate energy demand in China could triple by 2050, relative to 1990. These increases are not only of great significance to individual Asian economies, but also globally, as projections indicate that most of the growth in energy demand in the next century will occur in Asia (and principally in China and India). Achievement of such growth in energy demand, to improve the living standards of the 3.3 billion Asians that now represent about half of the world's population, is essential from the viewpoint of equity, social development and the economic well-being of people throughout Asia.
- Topic:
- Energy Policy and International Cooperation
- Political Geography:
- United States, China, Israel, East Asia, and Asia
5434. The Diffusion of the Internet in China
- Author:
- William Foster and Seymour E. Goodman
- Publication Date:
- 11-2000
- Content Type:
- Working Paper
- Institution:
- Center for International Security and Cooperation (CISAC), Stanford University
- Abstract:
- China and the United States share a new and rapidly expanding border—the Internet. It is a border that neither country fully understands. The possibility for misunderstanding is great because the Internet is not only transforming the relationship between the two countries, it is also transforming the countries themselves. It could be argued that China is going through the greater change. Unlike the past where information was mediated by the State, the mass media, and the work unit, Chinese citizens with Internet connections and a command of English have unprecedented direct and immediate access to information and people around the world. Because of abundance of Chinese language content, Chinese who can only read Chinese still have access to a wealth of information. The Chinese government has imposed its own unique regime on the networks in China that connect to the Internet. Though the United States and China both participate in the Internet, the regimes that they use to govern their networks are very different.
- Topic:
- Government and Science and Technology
- Political Geography:
- United States, China, and Asia
5435. Impact On Global Warming Of Development And Structural Changes In The Electricity Sector Of Guangdong Province, China
- Author:
- Michael M. May, Chi Zhang, and Thomas C. Heller
- Publication Date:
- 03-2000
- Content Type:
- Working Paper
- Institution:
- Center for International Security and Cooperation (CISAC), Stanford University
- Abstract:
- This paper examines the impact on global warming of development and structural changes in the electricity sector of Guangdong Province, China, together with the possible effect of international instruments such as are generated by the Kyoto Protocol on that impact. The purpose of the paper is three–fold: to examine and analyze the data available, to put that data into an explanatory economic and institutional framework, and to analyze the possible application of international instruments such as CDMs in that locality. Our plans are to supplement this work with similar work elsewhere in China.
- Topic:
- Development, Economics, Energy Policy, and Environment
- Political Geography:
- China and Asia
5436. The Place of the Defense Industry in National Systems of Innovation
- Author:
- Kenneth Flamm, Ann Markusen, Judith Reppy, John Lovering, Claude Serfati, Andrew D. James, Eugene Cobble, Judith Sedaitis, Corinna-Barbara Francis, Dov Dvir, Asher Tishler, and Etel Solingen
- Publication Date:
- 04-2000
- Content Type:
- Working Paper
- Institution:
- The Judith Reppy Institute for Peace and Conflict Studies
- Abstract:
- A review of current and forthcoming developments in the European defense industry (which here means mainly Britain, France, Germany, and Italy) would lead, I believe, to some fairly clear conclusions. The relationship between sectoral and national (including regional) economic development is changing profoundly. This is above all because the defense industry currently represents a major and extremely significant instance of globalization. However, this is not the kind of globalization described in many summaries.
- Topic:
- Security, Defense Policy, Economics, and Industrial Policy
- Political Geography:
- Russia, United States, China, United Kingdom, Middle East, and France
5437. NATO's Past, NATO's Future
- Author:
- John Lewis Gaddis
- Publication Date:
- 08-2000
- Content Type:
- Working Paper
- Institution:
- The Geneva Centre for Security Policy
- Abstract:
- The North Atlantic Treaty Organization stands at a crossroads. Critical choices lie ahead that will determine its future. I begin my paper this way because it is customary to begin pronouncements on NATO with this kind of statement. Indeed papers and speeches on NATO have been beginning this way through the half-century of the alliance's existence - and yet NATO never quite reaches whatever crisis the speaker or writer has in mind. NATO seems to have a life of its own, which is remarkably detached from the shocks and surprises that dominate most of history, certainly Cold War history. And NATO's members, both actual and aspiring, seem bent on keeping it that way. So what is a crossroad anyway in historical terms? Most of my colleagues, I think, would say that it's a turning point: a moment at which it becomes clear that the status quo can no longer sustain itself, at which decisions have to be made about new courses of action, at which the results of those decisions shape what happens for years to come. The Cold War was full of such moments: the Korean War, Khrushchev's de-Stalinization speech, the Hungarian and Suez crises, the Berlin Wall, the Cuban Missile Crisis, the Six Day War, the Tet offensive, Nixon's trip to China, the invasion of Afghanistan, the reunification of Germany, the collapse of the Soviet Union, the end of the Cold War itself. What strikes me as a historian, though, is how little impact these turning points had on NATO's history - even General deGaulle, who tried to turn himself personally into a turning point. The structure and purposes of the alliance today are not greatly different from what they were when NATO was founded. Which is to say that NATO's history, compared to that of most other Cold War institutions, is uneventful, bland, and even (let us be frank) a little dull. That very uneventfulness, though, is turning out to be one of the more significant aspects of Cold War history. It surprised the historians, who have been able to cite no other example of a multi-national alliance that has had the robustness, the durability, the continuity, some might say the apparent immortality, of this one. It has also surprised the international relations theorists, for it is a fundamental principle of their discipline that alliances form when nations balance against threats. It follows, then, that as threats dissipate, alliances should also - and yet this one shows no signs of doing so. An instrument of statecraft, which is what an alliance normally is, has in this instance come to be regarded as a fundamental interest of statecraft. That requires explanation, which is what I should like to attempt here.
- Topic:
- Security, Defense Policy, and NATO
- Political Geography:
- Afghanistan, Russia, United States, China, Europe, Asia, Soviet Union, Germany, and Berlin
5438. Report of The Carter Center's Fourth Observation of Chinese Village Elections 4 Jan 2000
- Publication Date:
- 03-2000
- Content Type:
- Working Paper
- Institution:
- The Carter Center
- Abstract:
- At the invitation of the Ministry of Civil Affairs (MCA), People's Republic of China, The Carter Center sent a delegation to observe villager committee (VC) elections in Hebei Province from January 4 to 13, 2000. The delegation was led by Ambassador Gordon L. Streeb, Associate Executive Director of the Center, and made up of nine Center staff members, election experts and China scholars from various universities in the United States and Denmark. This was the fourth time since 1997 that the Center has observed village elections in China and the first time that an international organization has been invited to observe a primary VC election.
- Topic:
- Civil Society, Democratization, and International Organization
- Political Geography:
- United States, China, and Denmark
5439. The Sky Is Falling : Market Reforms and the Re-Emergence of Discrimination Against Women in China
- Author:
- Molly Padgett-Cross
- Publication Date:
- 12-2000
- Content Type:
- Working Paper
- Institution:
- Ralph Bunche Institute for International Studies, City University of New York
- Abstract:
- Post-Mao China is a country of contentious debate. 1978 market reforms ushered in an astounding improvement in domestic living standards and secured the PRC's role in international trade. With a post-1978 average of 7% increase in GDP year-on- year, the country claims growth more than three times the global average. Continued reforms and their resulting economic improvement leave no doubt of government commitment to fuqiang (to be rich and powerful), as summed by Deng Xiaoping's oft-quoted sentiment, “To be rich is glorious.” However, in the government's desire to ma intain its legitimacy through expanding the private sector and maintaining impressive GDP growth, the state often neglects the welfare of individuals, particularly women.
- Topic:
- Development, Gender Issues, and Human Rights
- Political Geography:
- China
5440. Prospects for WTO Trade Negotiations After Seattle: Foreign Strategies and Perspectives
- Publication Date:
- 05-2000
- Content Type:
- Working Paper
- Institution:
- Board of Governors of the Federal Reserve System
- Abstract:
- In a recent conference, trade experts identified three primary reasons the World Trade Organization (WTO) failed to launch a new trade Round at its December 1999 Ministerial. First, leading members were unable to resolve differences on critical issues prior to the gathering. In addition, many developing countries and nongovernmental organizations were more assertive than they had been at previous conferences. Finally, in recent years, the WTO has expanded the range of issues it addresses, which has made efforts to reach a consensus on any point more difficult. According to the speakers, as a result of the acrimonious Ministerial, the WTO has suffered a substantial loss of credibility, which will impair efforts to launch a new Round in the near term. There is no immediate alternative to strong US leadership, and WTO negotiations will be more complicated because developing countries and nongovernmental organizations will be more inclined to resist trade liberalization efforts that they believe do not advance their interests. Experts at the conference offered a variety of assessments regarding the course the WTO might choose to follow this year. The majority argued that if the trade body is seeking to rebuild confidence, it could continue with scheduled meetings on agriculture and services and use the time to rebuild confidence. A minority, however, held that the forum is too fractured to make progress, thus talks would only undermine the already declining prestige of the trade body. The experts identified several long-run challenges that the WTO will probably need to address to be an effective decisionmaking institution, including: Bridging the developed-developing country gap Costa Rica, Mexico, and South Africa generally support trade liberalization and have credibility among developed and developing states; thus they are in a position to meld the interests of the two sides. Enacting institutional reforms The organization's expansive agenda and large membership require that it adopt policies that facilitate decisionmaking, especially before new members such as China and Russia join. The trade body may try to increase transparency to promote greater trust in its procedures. Also, to avoid protracted and bitter selections such as the forum suffered last year, the WTO could review its procedures for electing a new director general. Managing the backlash against globalization Supporters of freer trade could launch a massive educational program to highlight the gains for all countries from expanded trade and to counter the dire assertions made by nongovernmental organizations (NGOs).
- Topic:
- Foreign Policy, Development, Economics, and International Trade and Finance
- Political Geography:
- Russia and China
5441. Annual Report on the Military Power of the People's Republic of China
- Publication Date:
- 03-2000
- Content Type:
- Working Paper
- Institution:
- Board of Governors of the Federal Reserve System
- Abstract:
- China's People's Liberation Army (PLA) is embarked on an ambitious, long-term military modernization effort to develop capabilities to fight and win short-duration, high- intensity conflicts along its periphery. China's defense modernization is broad reaching, encompassing the transformation of virtually all aspects of the military establishment, to include weapon systems, operational doctrine, institution building, and personnel reforms. China values military power to defend economic interests, secure territorial claims, and build political influence commensurate with its status as a regional power with global aspirations. In recent years, the PLA has accelerated reform and modernization in response to the central leadership's concerns that developments across the Taiwan Strait could put at risk Beijing's objectives for Taiwan unification.
- Topic:
- Defense Policy and Arms Control and Proliferation
- Political Geography:
- United States, China, Taiwan, and Beijing
5442. China Rising: New Challenges to the U.S. Security Posture
- Author:
- Todd M. Koca and Jason D. Ellis
- Publication Date:
- 10-2000
- Content Type:
- Working Paper
- Abstract:
- The nature, scope, and viability of the strategic relationship between the People's Republic of China (PRC) and the United States have emerged as leading security policy issues. Among the many reasons for this are: China's evidently growing defense budget and its military modernization campaign; its often threatening rhetoric over Taiwan; its reputed espionage activities; and disputes over collateral security issues, such as China's continuing proliferation of weapons of mass destruction. Furthermore, Beijing's lack of transparency concerning its strategic capabilities and modernization programs, and the intentions that undergird each, make it difficult to confidently forecast China's future direction; yet significant strategic decisions undertaken today will have far-reaching and long-term implications. There is a growing sense among defense analysts and specialists that the future disposition of Chinese strategic forces may only modestly resemble that of the past. Looking ahead, U.S. policy- makers must address three central questions: (1) the likely extent of China's strategic modernization; (2) the degree of complementarity of U.S. and PRC regional and strategic interests over time; and (3) the implications of each for U.S. foreign and defense policy.
- Topic:
- Arms Control and Proliferation
- Political Geography:
- United States, China, and Taiwan
5443. "One China" and Relations Across the Taiwan Strait
- Author:
- James J. Przystup, Ronald N. Montaperto, and Gerald W. Faber
- Publication Date:
- 09-2000
- Content Type:
- Working Paper
- Abstract:
- Relations across the Taiwan Strait have reached an apparent impasse. Both China and Taiwan have, in a sense, painted themselves into corners. Yet, aware of the considerable costs that will inevitably be incurred by new and higher levels of tension or conflict, both President Jiang Zemin of China and Chen Shui-bian, the newly elected President of Taiwan, share a vital interest in finding a face-saving way out of their respective dilemmas without compromising their longer term objectives. In the process, each is being influenced and constrained by a number of factors related to politics, economics, and broad strategic interests. Overall, these factors will provide incentives to seek a reduction of tensions, at least in the short term. At the same time, years of mutual mistrust and the stark and growing differences between their respective political and social cultures will continue to affect the prospects for a mutually acceptable resolution of the issues separating China and Taiwan.
- Topic:
- Security, Defense Policy, and Government
- Political Geography:
- China, Europe, and Taiwan
5444. Korea-United States Industrial Alliance
- Author:
- Youn-Suk Kim
- Publication Date:
- 09-2000
- Content Type:
- Journal Article
- Journal:
- International Journal of Korean Studies
- Institution:
- International Council on Korean Studies
- Abstract:
- Historically, Korea has been under the influence of its ambitious neighbors, China, Japan and Russia, which causes Korea's intense concern for its long-term independence. Through the budding signs of North-South Korea unification, Korea perceives that long-term peace and security derive from having a close diplomatic and economic relationship with the United States as the most crucial ingredient. Thus President Kim Dae Jung of South Korea and his counterpart of the North, Kim Jong II, at the June meeting emphasized the continued presence of United States troops in the Korean peninsula for stability and peace in East Asia even after the unification. In association with the United States economy, the unified Korea could play a major role as a regional balancer, giving stability to a new order in Northeast Asia and the Asia-Pacific region as a whole.
- Political Geography:
- Russia, United States, Japan, China, Korea, and Northeast Asia
5445. The Global Community of Overseas Koreans: The Chinese Koreans and the Korean Americans A Vision for the Future
- Author:
- Chong-Wook Chung
- Publication Date:
- 09-2000
- Content Type:
- Journal Article
- Journal:
- International Journal of Korean Studies
- Institution:
- International Council on Korean Studies
- Abstract:
- I feel deeply honored to be invited to this annual meeting of the International Council on Korean Studies and to deliver a keynote speech on overseas Koreans. I would like to express my profound gratitude to Professor I lpyong Kim, President of the Council, and others who worked so hard to make this timely and important annual meeting a success. Before I start, let me make some preliminary remarks. First, I do not believe I can speak on behalf of the government of Korea. I left the government two years ago to return to the academic community. Second, I do not consider myself, either as a scholar or as a former government official, an expert on the subject of overseas Koreans. The best claim I can make in this connection is the fact that while I was serving as the senior secretary for national security and foreign policy for the President for two years in 1993 and 1994, my responsibilities included the affairs of overseas Koreans.
- Political Geography:
- China, America, and Korea
5446. CIAO: China — Market Manipulation
- Author:
- Caspar Fithin
- Publication Date:
- 11-2000
- Content Type:
- Policy Brief
- Institution:
- Oxford Analytica
- Abstract:
- A leaked Shanghai Stock Exchange report has detailed the extent of trading irregularities within China's domestic equity markets. In the primary market, a series of companies have falsified records on profits, assets and even entire businesses in order to publicly issue and list shares. In the secondary markets, insider trading, the spreading of false information, coordinated stock purchases, price ramping and sales of stocks by large institutional investors are common practice. The extent of trading irregularities reflects the government's preference for market growth over regulatory standardisation. This approach is undermining the CSRC's credibility. Unless regulatory practices are tightened, institutional investors will not have the maturing effect on markets and stabilising impact on prices the government seeks.
- Topic:
- Economics, Government, and Markets
- Political Geography:
- China
5447. CIAO: US/China — Trade Relations
- Author:
- Caspar Fithin
- Publication Date:
- 10-2000
- Content Type:
- Policy Brief
- Institution:
- Oxford Analytica
- Abstract:
- US Trade Representative Charlene Barshefsky and China's Prime Minister Zhu Rongji this month held talks in Beijing to discuss China's accession to the WTO. Beyond opening up commercial opportunities to US firms, the award of permanent normal trade relations status to China, and its prospective accession to the WTO, should in theory add predictability to the bilateral trade relationship.
- Topic:
- International Relations, International Organization, and International Trade and Finance
- Political Geography:
- United States, China, and Beijing
5448. United States — Presidential Race
- Author:
- Oxford Analytica
- Publication Date:
- 06-2000
- Content Type:
- Policy Brief
- Institution:
- Oxford Analytica
- Abstract:
- With the presidential primary season having ended this week, the race for the White House now heads for the party conventions. Since effectively securing the Republican nomination, Texas Governor George Bush has regained his poll lead over the de facto Democratic nominee, Vice-President Al Gore. If Bush retains a clear poll lead by the convention season, the current signs of apprehension amongst Democratic leaders will become more apparent. If Gore can more closely identify himself with the economy's exceptionally strong performance, he is perfectly capable of staging a full recovery and securing victory in November.
- Topic:
- Government and Politics
- Political Geography:
- United States and China
5449. International -- Problematic Piracy
- Author:
- Oxford Analytica
- Publication Date:
- 06-2000
- Content Type:
- Policy Brief
- Institution:
- Oxford Analytica
- Abstract:
- A recent meeting of Asian countries on how to combat increasingly violent pirates in the region follows landmark prosecutions of those involve, but years of half-hearted action by coastal states. The International Chamber of Commerce has already called on ASEAN trade bloc nations to join China and Japan in signing the 1988 UN Convention for the Suppression of Unlawful Acts against the Safety of Maritime Navigation (the Rome convention). It would allow pirates caught in seas beyond national maritime jurisdictions to be prosecuted as international criminals. However, 14 of the 16 countries at the Japanese-sponsored talks in Singapore last March have yet to sign. Findings will be presented to a high-level international conference between regional maritime security agencies and government shipping bodies in Tokyo this month.
- Topic:
- Security, Government, and International Trade and Finance
- Political Geography:
- Japan, China, Asia, and Singapore
5450. External versus domestic Vs Coastal versus Interior
- Author:
- Oxford Analytica
- Publication Date:
- 02-2000
- Content Type:
- Policy Brief
- Institution:
- Oxford Analytica
- Abstract:
- China's relatively rapid growth cannot mask the fundamental problems the economy faces. The government will be forced to continue to apply stimulus to the economy, but the sustainability of this approach is limited. The positive impact of eventual WTO membership will take time to be felt, while accession–related reforms and increased foreign competition will prove disruptive. The country has a limited time in which to prepare.
- Topic:
- Economics, Government, and International Trade and Finance
- Political Geography:
- China