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  • Author: Kevin Rudd
  • Publication Date: 04-2015
  • Content Type: Special Report
  • Institution: Asia Society
  • Abstract: The future relationship between China and the United States represents one of the great mega-changes and mega-challenges of our age. Unlike other such changes, the consequences of China’s rise are unfolding gradually, sometimes purposefully, but most of the time imperceptibly while the world’s attention is drawn to more dramatic events elsewhere. With the rise of China, we are observing the geopolitical equivalent of the melting of the polar ice caps. Slowly the ice thins, cracks appear and one day a large sheet of ice spectac- ularly peels away. If captured on camera, the world momentarily sits up and pays attention before CNN returns our gaze to the drama of the Islamic State of Iraq and the Levant’s most recent atrocity.
  • Topic: International Relations, International Cooperation, International Affairs
  • Political Geography: China, America
  • Author: Daniel H. Rosen, Thilo Hanemann
  • Publication Date: 04-2014
  • Content Type: Working Paper
  • Institution: Asia Society
  • Abstract: WHILE CHINA STARTED INVESTING AROUND THE WORLD in the early 2000s, the first waves of Chinese overseas investment targeted mostly extractive mining activities in developing countries and resource-rich advanced economies such as Australia and Canada. Over the past five years, however, Chinese capital has begun to flow into non-extractive sectors in advanced economies, increasingly targeting technology- and innovation-intensive industries. Initially, the surge of Chinese outward foreign direct investment (OFDI) in the United States largely responded to opportunities in energy and real estate, but access to technology and innovation is now becoming an important driver. In the first quarter of 2014 alone, Chinese investors announced high-tech deals worth more than $6 billion, including the takeovers of Motorola Mobility, IBM's x86 server unit, and electric carmaker Fisker.
  • Topic: Economics, International Trade and Finance, Foreign Direct Investment
  • Political Geography: China, America, Canada, Asia, Australia
  • Author: Daniel H. Rosen
  • Publication Date: 10-2014
  • Content Type: Special Report
  • Institution: Asia Society
  • Abstract: DURING THE PAST THREE DECADES, perhaps no country has turned in an economic performance as impressive and transformative as China’s. China has emerged as the world’s second largest economy and its greatest exporting nation, accumulating huge trade surpluses, vast foreign currency reserves, and enormous influence on the global economy. Despite all the attention that policymakers, business executives, and scholars have paid to China’s economic rise, much debate surrounds China’s future growth prospects. For their part, President Xi Jinping and the new generation of Chinese leaders responded to the risk of a major economic slowdown by announcing a far-reaching reform campaign at the Chinese Communist Party’s Third Plenum in November 2013. If Beijing shifts direction along the lines it has announced, the behavior of Chinese companies, government agencies, and individual members of society is likely to change in remarkable ways – and thereby create opportunities for the rest of the world. Should the reform program stall, the effects will be just as profound. Either way, China’s new policy design, and its success or failure in achieving it, will have a major influence on the international economy and stability and security in Asia and beyond. With so much at stake, and an outcome that is far from certain, there is an evident need for greater clarity about what the reform program consists of, how it is progressing, and what it means for policy and business.
  • Topic: International Trade and Finance, Global Political Economy
  • Political Geography: China
  • Author: Thilo Hanemann, Daniel H. Rosen
  • Publication Date: 04-2014
  • Content Type: Special Report
  • Institution: Asia Society
  • Abstract: it became evident that the world was on the cusp of a significant shift in patterns of global foreign direct investment (FDI). China, which had been a major recipient of inflows from the developed world, was poised to become a more active investor in mergers, acquisitions, and greenfield projects abroad. Therefore, the Asia Society undertook the first of a series of studies to map this shift and to suggest how these new investment flows, might benefit the United States while also enhancing U.S.–China relations. The first study, An American Open Door? Maximizing the Benefits of Chinese Foreign Direct Investment (2011), was written by Rhodium Group’s Daniel H. Rosen and Thilo Hanemann (as were subsequent joint efforts). It examined Chinese investments in the United States, prospects for their growth, potential benefits and risks, and obstructions to even greater flows in the future. Our conclusion was that flows of Chinese capital into the United States—the most open and vibrant economy in the world—were on the precipice of growing dramatically. We also concluded that in spite of political concerns, the United States had much to gain by encouraging even greater inflows from China.
  • Topic: International Political Economy, Science and Technology
  • Political Geography: China, America
  • Author: Orville Schell, John Delury
  • Publication Date: 07-2013
  • Content Type: Video
  • Institution: Asia Society
  • Abstract: New York, July 16, 2013 - China scholars Orville Schell and John Delury discuss how the "Chinese Dream" has evolved to encompass facets of the American Dream while still retaining a traditional, communal character as regards acquiring wealth. (1 min., 45 sec.)
  • Topic: Communism, Development, Economics, International Trade and Finance
  • Political Geography: China, New York, East Asia, Asia
  • Author: Junjie Zhang
  • Publication Date: 09-2012
  • Content Type: Working Paper
  • Institution: Asia Society
  • Abstract: China has achieved miraculous economic growth over the past 30 years to become the world's second largest single-country economy. The economic boom is attributed to China's market-oriented reforms, which prioritize economic growth. However, growing the gross domestic product (GDP) at any cost has created a series of social and environmental problems. Consequently, China's economic losses due to pollution and environmental degradation accounted for 10.51 percent of gross national income in 2008, according to the World Bank.
  • Topic: Climate Change, Development, Environment, Industrial Policy
  • Political Geography: China
  • Author: Philip Shishkin
  • Publication Date: 01-2012
  • Content Type: Working Paper
  • Institution: Asia Society
  • Abstract: Located in a strategically important neighborhood amid China, Russia, Afghanistan, and Iran, and sitting atop vast deposits of oil, gas, gold, and uranium, post-Soviet Central Asia is home to some 50 million people living in five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan . For centuries, the region has drawn the attention of the world's superpowers as they seek leverage over their foes, access to natural resources, or a base from which to influence adjacent regions . For just as long, the societies of Central Asia have been beset by lackluster and often abusive rule, first by warring and insular feudal chiefs, then by colonial conquerors from Russia, and then by their Soviet successors .Since gaining independence from the Soviet Union 20 years ago, the five Central Asian republics have struggled to find viable governance models and to place their economies, long moored to Moscow, on stable footing.
  • Topic: Corruption, Development, Human Rights, Islam, Governance, Self Determination
  • Political Geography: Afghanistan, Russia, China, Iran, Central Asia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Turkmenistan
  • Publication Date: 11-2009
  • Content Type: Working Paper
  • Institution: Asia Society
  • Abstract: Global greenhouse gas emissions are fast approaching unsustainable and alarming levels . There is broad consensus that these emissions, caused primarily from the burning of fossil fuels, have led to global warming. it is increasingly evident that maintaining the current trajectory of greenhouse gas emissions poses wide-ranging and potentially catastrophic risks to natural systems and human welfare . it is also clear that an unprecedented level of global cooperation will be necessary to successfully confront the immense challenge of reversing the effects of climate change.
  • Topic: Climate Change, Development, Energy Policy, Environment, Bilateral Relations, Natural Resources
  • Political Geography: United States, China
  • Author: Nermeen Shaikh
  • Publication Date: 06-2007
  • Content Type: Working Paper
  • Institution: Asia Society
  • Abstract: Leslie Gelb is currently President Emeritus of the Council on Foreign Relations. He was previously a correspondent and editor at the New York Times. In this extensive interview with Nermeen Shaikh at Asia Society, covering Iraq, Iran, the rise of China, and the new constraints on US power, Dr Gelb explains why he was initially in favor of a three-state partition of Iraq, and his advocacy now of a decentralized, federal state structure. He elaborates on his subsequent work with Senator Joe Biden on a plan for Iraq. In responding to a question about Russia, Dr Gelb says that the proposed US missile defense system is "nonsense", and on the issue of Iran's nuclear program, Dr Gelb insists that talks are essential and that the military option cannot be ruled out.
  • Topic: Foreign Policy
  • Political Geography: Russia, United States, China, Iraq, New York, Iran, Middle East, North Korea, Latin America
  • Publication Date: 02-2007
  • Content Type: Working Paper
  • Institution: Asia Society
  • Abstract: RICHARD HOLBROOKE: My name is Richard Holbrooke. I'm the Chairman of Asia Society and we welcome you to a very special, indeed we hope historic, evening in the fifty year history of the Asia Society. But before I make any other remarks I want to welcome just a handful of the many very distinguished guests in the room. We have Assistant Secretary of State for East Asian and Pacific Affairs, Chris Hill here, who many of you may have seen on television today and is on his way back to Beijing to continue the six party talks with the North Koreans. And we welcome him. We have the Consul General from New York of the People's Republic of China here in New York, Ambassador Liu. The acting ambassador in Washington from China, Ambassador Jian and Mrs. Jian and the Counselor of the Chinese Mission to the United Nations and many, many other distinguished people.
  • Topic: International Relations, Development
  • Political Geography: United States, China, New York, Washington, Beijing, East Asia, Asia, North Korea