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  • Author: Jacopo Maria Pepe
  • Publication Date: 02-2019
  • Content Type: Policy Brief
  • Institution: German Council on Foreign Relations (DGAP)
  • Abstract: Could China’s quiet but steadily rising penetration of Central Europe bear risks for the EU? Certainly, Beijing is using the region as a gateway to Western Europe’s markets while including the EU in its “Eurasian” integration project. But a deepening trade triangle of China, Germany, and Central European countries could put other EU countries at an economic disadvantage. Germany must address this risk, carefully balancing national interest and European cohesion.
  • Topic: International Affairs
  • Political Geography: China
  • Author: Ian Easton
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Project 2049 Institute
  • Abstract: This publication breaks down Beijing’s likely top five war plans to understand what may be driving China’s military reorganization and reform campaign. Easton analyzes available Chinese military sources and concludes that China’s primary strategic goal is to take Taiwan using one or more of the People’s Liberation Army (PLA)’s five outlined combat operations, in the 21st century’s foremost flashpoint. He also explains how these five different joint operations could be used to isolate or occupy Taiwan, thwart American intervention in offensive operations against U.S. military units, and repel potential border threats from India in the event of aPLA invasion of Taiwan.
  • Topic: International Relations, International Security
  • Political Geography: China
  • Author: Justyna Szczudlik
  • Publication Date: 03-2018
  • Content Type: Policy Brief
  • Institution: The Polish Institute of International Affairs
  • Abstract: In his first term, Chinese leader Xi Jinping abandoned Deng Xiaoping’s foreign policy dictum of “keeping a low profile.” But China’s activism in the middle of Xi’s first term was still more reactive than creative. However, in the last two years a new phase of diplomacy has emerged, in which all actions are subordinated to China’s unchanging strategic foreign policy goal of regaining its superpower status. This means that China strives to enforce change in the global system, which is dominated by the West.[1] The PRC is already trying to introduce new standards for international relations and promotes its values and principles more aggressively worldwide. There are already examples that Xi is effectively implementing his ideas.
  • Topic: International Affairs
  • Political Geography: China
  • Author: Derek Scissors
  • Publication Date: 07-2018
  • Content Type: Policy Brief
  • Institution: American Enterprise Institute for Public Policy Research
  • Abstract: China is investing much less in the US than it did just a year ago. It has never invested much in the Belt and Road. Yet China’s global investment spending remains healthy, with impressive diversification across countries and the reemergence of private firms.
  • Topic: International Political Economy, International Affairs
  • Political Geography: China
  • Author: Jyrki Kallio
  • Publication Date: 08-2018
  • Content Type: Policy Brief
  • Institution: Finnish Institute of International Affairs
  • Abstract: Xi Jinping Thought is aimed at guiding China both domestically and internationally. The goal is China’s national rejuvenation, which will break the global dominance of Western civilization. The revival must allegedly be led by a strong ideology guided by a strong and charismatic leader: Xi Jinping. Based on the ancient Chinese ideal of “great unity under Heaven”, Xi’s long-term goal for China is the creation of a “community of a common destiny for Mankind”. So far, this idea has no concrete manifestations on the global scale. Through the Belt and Road Initiative, China is building a regional community of common destiny in Central and Southeast Asia. This is both an indirect challenge to the existing “Western” system, and a step in delineating China’s sphere of influence.
  • Topic: International Affairs
  • Political Geography: China
  • Author: François Godement
  • Publication Date: 03-2017
  • Content Type: Policy Brief
  • Institution: European Council On Foreign Relations
  • Abstract: Xi Jinping took a bold stance at this year's Davos summit, claiming that China could be the leader and protector of global free trade. However, he fell short of pronouncing the same commitment to the international order. • While China finds little to criticise in globalisation, which has fuelled its rapid economic rise, it has an uneasy relationship with the international order, picking and choosing what parts of it to engage with. • China's governance model at home is fundamentally at odds with the liberal international order. Whether in climate talks, international arbitrations, or on the topic of open markets, China resists any parts of the order that infringe on its sovereignty. • Facing an increasingly interest-driven China, and a US in retreat from the international order, the EU must stand by its values if it wants to protect them. Faced with Donald Trump, Xi has sent a clear message about his country's commitment to internationalism. The EU should hold China to its word on this.
  • Topic: International Relations, International Political Economy
  • Political Geography: China
  • Author: Catherine S. Panaguiton
  • Publication Date: 03-2017
  • Content Type: Policy Brief
  • Institution: Council on International Policy (CIP)
  • Abstract: Chinese incursions in disputed waters in the SCS and WPS started from as early as the 1950s. However, they were scant and far in between. As decades passed, Chinese surveillance and incursions and the incidents between PRC, RP and Vietnam have increased in these areas. Rapid reclamation activities by PRC and the construction of installations on them (many of which are of a military nature)7, amidst protests by its neighbors (including the Philippines) and claimant states, have likewise increased the tensions.
  • Topic: International Law, Peace Studies
  • Political Geography: China, Philippines
  • Author: Zahid Hussain
  • Publication Date: 06-2017
  • Content Type: Policy Brief
  • Institution: Institute Français des Relations Internationales (IFRI)
  • Abstract: The CPEC is a nodal part of China’s larger Belt and Road Initiative that envisages connecting China to Europe, the Middle East and Africa. As part of the project, Pakistan welcomes investments worth tens of billions of dollars for infrastructure and power sector development at a time when it desperately needs foreign investment to boost its fledgling economy. The addition of an expected 10,000 MW of electricity to the national grid by end 2018 will help overcome energy shortages and give a major boost to the economy. Similarly, the development of roads and other transport infrastructure will also improve connectivity inside the country as well with other neighboring countries in the future. The connectivity part of the project could actually become a game changer for Pakistan
  • Topic: International Relations, International Affairs
  • Political Geography: Pakistan, China
  • Author: Anaïs Marin
  • Publication Date: 06-2017
  • Content Type: Policy Brief
  • Institution: Institute Français des Relations Internationales (IFRI)
  • Abstract: Since they signed a “comprehensive strategic partnership” agreement in 2013, military-industrial cooperation has intensified, thereby substantiating Belarusian hopes for closer ties with China, which are meant to counterbalance Minsk’s complex relations with Moscow and Brussels. In the eyes of its Chinese partners, however, Belarus seems to enjoy only limited appeal compared with other central and eastern European (CEE) countries, which are more advanced on the road to economic transformation and better integrated into the global system
  • Topic: International Relations, Defense Policy, International Affairs
  • Political Geography: China
  • Author: Bobo Lo
  • Publication Date: 04-2017
  • Content Type: Policy Brief
  • Institution: Institute Français des Relations Internationales (IFRI)
  • Abstract: The influence these great powers exert, on themselves and others, is uneven and difficult to predict. Alongside a public consensus on a “democratic world order”, there are significant differences of perspective and sometimes conflicting interests. It is far from clear whether the Russia-China-India matrix can form the basis of an emerging network of cooperation, or whether its contradictions foreshadow an increasingly problematic engagement.
  • Topic: International Relations, International Security
  • Political Geography: Russia, China, India
  • Author: Françoise Nicolas
  • Publication Date: 03-2017
  • Content Type: Policy Brief
  • Institution: Institute Français des Relations Internationales (IFRI)
  • Abstract: Ethiopia seeks to replicate the experience of East Asian countries such as Taiwan, Malaysia, or China and to attract foreign direct investment (FDI) in order to accelerate the development of its manufacturing capacities (in particular through an ambitious industrial Park – IP - development program and the acceptance of foreign-owned Special Economic Zones - SEZs). On the other hand, China looks to export its development model (including SEZs), to delocalize its most labor-intensive activities, and to promote connectivity between Asia and the African continent. In this context, the Chinese government identified SEZ projects in 19 countries – including one in Ethiopia (the so-called Eastern Industry Zone - EIZ), located in Dukem some 30 kilometers southeast of Addis Ababa. Today, China is by far the leading foreign direct investor in the country. In addition to the Chinese-owned EIZ in Dukem, Chinese investors are also present in privately-run SEZs that are not part of the Chinese Ministry of Commerce (MOFCOM) strategy, as well as in government-led IPs and outside SEZs or IPs. Lastly Chinese firms are also extremely active in all kinds of infrastructure development thanks to Chinese funds.
  • Topic: International Political Economy, International Affairs
  • Political Geography: China, Ethiopia
  • Author: Natalie Pretzer-Lin
  • Publication Date: 03-2017
  • Content Type: Policy Brief
  • Institution: EastWest Institute
  • Abstract: On March 13, 2017, the EastWest Institute (EWI), in concert with the China Institutes of Contemporary International Relations (CICIR), convened the first ever conference on prospects for infrastructure cooperation between the United States and China. This conference, held in Beijing, brought together a U.S. delegation comprising investment and infrastructure experts—some of whom have advised the Trump administration on infrastructure—with Chinese counterparts from a number of private sector and state-owned enterprises. Discussion throughout the conference focused on the policy priorities of the Trump Administration; the Trump administration’s vision for the development of U.S. infrastructure; the current state of U.S.-China relations; and opportunities, challenges and recommendations for U.S.-China infrastructure cooperation.
  • Topic: International Affairs
  • Political Geography: China, America
  • Author: Stephan Klose, Astrid Pepermans, Leia Wang
  • Publication Date: 11-2017
  • Content Type: Policy Brief
  • Institution: EGMONT - The Royal Institute for International Relations
  • Abstract: China’s 19th Party Congress unexpectedly amended the party’s constitution with a pledge to “pursue the Belt and Road Initiative”. This further elevates the status of president Xi’s heavily promoted foreign policy, which aims at creating trade and investment opportunities through the development of Eurasia’s continental and maritime infrastructure. As the implications of this policy are increasingly felt across Europe, following years of growing Chinese investments, so are the challenges it presents to Europe’s unity, prosperity and security. In light of these challenges a constructive engagement with China’s Belt and Road Initiative (BRI) constitutes an immense task for the European Union, whose position has been weakened by growing dissent among member states over the Union’s policy towards China.
  • Topic: International Affairs
  • Political Geography: China, Europe
  • Author: Ceasar Cheelo, Pamela Nakamba-Kabaso
  • Publication Date: 09-2017
  • Content Type: Policy Brief
  • Institution: Zambia Institute for Policy Analysis and Research (ZIPAR)
  • Abstract: At a glance, China and Zambia – just like China and Africa – are strikingly different in many ways. They followed markedly different paths to development. They achieved significantly divergent trade and development results. However, they also have many striking commonalities, including a shared long history of developmental cooperation and relations. But, what are the lessons of China-Zambia relations for Zambia’s developmental goals and aspirations, including those in the Vision 2030?
  • Topic: International Relations
  • Political Geography: China, Zambia
  • Author: Cory Gardner
  • Publication Date: 01-2017
  • Content Type: Policy Brief
  • Institution: Project 2049 Institute
  • Abstract: The Project 2049 Institute is pleased to announce the publication of our Futuregram, “Getting the U.S.-China Relationship Right.” Senator Cory Gardner [R-CO], Chairman of the Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy, assesses the need for a long-term strategy in regards to the U.S.-China relationship. In addition, he details new legislation called the Asia Reassurance Initiative Act (ARIA), an approach that will put American interests first by reassuring our allies, deterring our adversaries, and securing U.S. leadership in the region for future generations.
  • Topic: International Organization, International Affairs
  • Political Geography: China
  • Author: Céline Bak
  • Publication Date: 03-2016
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: On the way to Washington, DC, for a September 2015 visit, Chinese President Xi Jinping stopped in Seattle, WA, to sign an agreement aimed at combatting climate change by increasing the business ties between Chinese and US clean technology companies (South China News 2015). Five US states signed the agreement on commerce between China and clean-tech businesses from California, Iowa, Michigan, Oregon and Washington. On the same day, Bill Gates’s energy company, TerraPower, signed an agreement with the China National Nuclear Corporation for joint cooperation on next-generation renewable and fusion nuclear power. In early 2015, Malaysia’s sovereign wealth fund invested in General Fusion, a Canadian company based in Vancouver, to advance its energy innovation.
  • Topic: Climate Change, Energy Policy, Environment, Science and Technology, Treaties and Agreements, Nuclear Power
  • Political Geography: China
  • Author: Wei Wang, Gemma Estrada, Jurgen Conrad, Sang-Hyop Lee, Donghyun Park
  • Publication Date: 05-2016
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: As demand from global markets declines, slowing exports of manufactured goods from the People's Republic of China means the country must increasingly rely on domestic markets for growth. Unlike manufactured goods, services—those "intangible" products that include everything from transportation to scientific research to real estate services—are geared more toward domestic markets. Services, then, will be key to the rebalancing process. However, while the service sector has grown rapidly in the PRC, it continues to lag behind other countries at similar stages of development. In addition, the sector is dominated by traditional low-end types of services, rather than knowledge-intensive services. Heavy regulatory burdens, barriers to trade in services, and an unfavorable policy environment have been major obstacles to upgrading the sector and improving its competitiveness. Policy reform should focus on strengthening competition to raise productivity, with the goal of increasing not only the number of jobs and contribution to GDP, but also of positioning the service sector to compete internationally and spur export growth.
  • Topic: International Trade and Finance, Markets, Political Economy, Reform, GDP
  • Political Geography: China
  • Author: Vinod K. Aggarwal
  • Publication Date: 03-2016
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: The rise of a multiplicity of diverse bilateral free trade agreements (FTAs) has led countries to pursue mega-FTAs to manage the growing complexity of global trade arrangements. The US and China are promoting rival accords: the Trans-Pacific Partnership (TPP), which would encompass 800 million people and almost 40 percent of global GDP, is a centerpiece of the Obama Asia Pacific strategy. The Regional Comprehensive Economic Partnership (RCEP) would account for 30 percent of global GDP, with a population of over three billion people, creating the largest FTA in the world. TPP advocates assert that it will strengthen the US’ strategic role in the region, in part by countering China’s membership in the RCEP. These claims, made in response to growing skepticism in the United States about the value of liberalized trade, overemphasize the TPP’s strategic value. At the same time, projecting the economic impact of the TPP is thorny, given the deal’s scope and the diversity of countries involved.
  • Political Geography: China
  • Author: Wei Wang, Gemma Estrada, Jurgen Conrad, Sang-Hyo Lee, Donghyun Park
  • Publication Date: 05-2016
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: As demand from global markets declines, slowing exports of manufactured goods from the People's Republic of China means the country must increasingly rely on domestic markets for growth. Unlike manufactured goods, services—those "intangible" products that include everything from transportation to scientific research to real estate services—are geared more toward domestic markets. Services, then, will be key to the rebalancing process. However, while the service sector has grown rapidly in the PRC, it continues to lag behind other countries at similar stages of development. In addition, the sector is dominated by traditional low-end types of services, rather than knowledge-intensive services. Heavy regulatory burdens, barriers to trade in services, and an unfavorable policy environment have been major obstacles to upgrading the sector and improving its competitiveness. Policy reform should focus on strengthening competition to raise productivity, with the goal of increasing not only the number of jobs and contribution to GDP, but also of positioning the service sector to compete internationally and spur export growth.
  • Topic: Economics, Markets, Reform, GDP
  • Political Geography: China
  • Author: Yang Jiang, Aki Tonami, Adam Moe Fejerskov
  • Publication Date: 11-2016
  • Content Type: Policy Brief
  • Institution: Danish Institute for International Studies
  • Abstract: China actively seeks to expand its overseas investment in critical infrastructure. This involvement makes host countries uneasy especially in the West, even though financial benefits sometimes override broader national interests and security issues. China’s attempts to invest in overseas critical infra- structure, defined as infrastructure closely related to sovereignty and national security, has become a sensitive issue to host country governments parti- cularly in the West. They fear that Chinese investment in nuclear and telecommunications infrastructures entails consequences for nuclear security and safety and information security respectively. This policy brief provides an overview of how various countries have received Chinese interest in nuclear power and telecommunications.
  • Topic: International Political Economy, International Security, Nuclear Power, Geopolitics
  • Political Geography: China, Global Focus
  • Author: Maaike Okano-Heijmans
  • Publication Date: 11-2016
  • Content Type: Policy Brief
  • Institution: Clingendael Netherlands Institute for International Relations
  • Abstract: Today’s uncertainty in cross-Strait relations is not without consequence for third parties that maintain ties with both China and Taiwan. To what extent does (and should) the situation also impact on EU’s trade diplomacy with both sides? This policy brief argues that under today’s circumstances, the cold peace in cross-Strait relations is reason to tread carefully — and to stay on course. The May 2016 inauguration of the Taiwanese government led by Democratic Progressive Party (DPP) leader Tsai Ing-wen placed a big question mark over the future of cross-Strait relations. Within weeks, Beijing had unilaterally imposed a freeze on (semi-)official talks until the new Taiwanese President acknowledges the so-called 1992 Consensus. While confirming its ‘one China’ policy, the EU may contribute to the stability of cross-Strait relations by being a partner in China’s economic reform and by negotiating EU–China and EU–Taiwan investment agreements in parallel. In this policy brief author Maaike Okano-Heijmans builds on discussions during the 13th Symposium on ‘Sino–EU Relations and the Taiwan Question’, which was held in Shanghai from 9–11 October 2016 and in Taipei from 12–14 October 2016. These second-track dialogues were supported by the Friedrich Ebert Stiftung, the Shanghai Institute of International Studies and the Taiwanese Ministry of Foreign Affairs.
  • Topic: International Relations, Foreign Policy, Diplomacy, International Political Economy, International Trade and Finance
  • Political Geography: China, Taiwan, European Union
  • Publication Date: 01-2016
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: The rise of emerging countries, above all the precipitous rise of China, is a key driving force behind changes in international relations on a global scope. This does not mean, however, that China is taking over the reins of “hegemony” from the US and building a new international order centered on China and other emerging countries, i.e., that a clear-cut “power transition” is underway.
  • Topic: International Relations, International Affairs
  • Political Geography: China, America
  • Publication Date: 01-2016
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: Among the most significant variables defining trends in the international order and the international environment surrounding Japan are domestic circumstances in China and its foreign policies prescribed by them. China ranks highest among the emerging powers that have rapidly increased their presence within the international community over a short period and is, from Japan’s standpoint, simultaneously a real threat to Japanese security in the East China Sea and Japan’s largest trading partner.
  • Topic: International Relations, International Affairs
  • Political Geography: China
  • Publication Date: 01-2016
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: Two of the most important variables influencing trends within the international order are the domestic circumstances within the US and China and the foreign policy shifts stemming therefrom. An element of equal or perhaps even greater significance is the nature of relations between these two major powers.
  • Topic: International Affairs
  • Political Geography: China, America
  • Author: Mathieu Duchâtel, François Godement
  • Publication Date: 11-2016
  • Content Type: Policy Brief
  • Institution: European Council On Foreign Relations
  • Abstract: In September 2016, Russia held joint naval manoeuvres in the South China Sea with China, bringing some of its best ships to the party. Two weeks later, China shied away from joining Russia in a veto of yet another Western resolution on Syria at the UN. The discrepancy sums up the extent and the limits of the strategic convergence between both countries. The “axis of convenience” between China and Russia has, without question, grown larger. And the positive dynamics pushing cooperation forward are largely economic. But there is also a negative dynamic, coming from the West. Both countries have a perception of regime insecurity that emerges from the international promotion of democracy, and the attractiveness of corruption-free and comparably safe Western societies for individuals, be they Chinese or Russian.
  • Topic: International Political Economy, International Affairs
  • Political Geography: Russia, China
  • Author: Mathieu Duchâtel
  • Publication Date: 10-2016
  • Content Type: Policy Brief
  • Institution: European Council On Foreign Relations
  • Abstract: International terrorism has emerged in recent years as a direct threat to Chinese nationals living overseas. As China's footprint becomes increasingly global its exposure to the risk of terror attacks has increased too. China’s approach to international terrorism is becoming militarised. This trend has the potential to accelerate if Chinese nationals are victims of new attacks overseas. Although China is an active and responsible player in the UN with clearly expressed priorities and an interest in protecting its citizens overseas, it is not taking a strong role in leading and shaping the UN’s counter-terrorism agenda. The EU should take stock of the ongoing transformation of China’s approach to explore a modest upgrade of its current policy of cautious engagement. When engaging with China the EU should make clear that an overly politicised approach will be an obstacle to cooperation, and be upfront in setting the conditions of cooperation. The EU should not underestimate what China has to offer but shouldn't make big compromises either.
  • Topic: Terrorism, International Security
  • Political Geography: China
  • Author: David C. Logan
  • Publication Date: 11-2016
  • Content Type: Policy Brief
  • Institution: Institute for National Strategic Studies
  • Abstract: China is developing its first credible sea-based nuclear forces. This emergent nuclear ballistic missile submarine (SSBN) force will pose unique challenges to a country that has favored tightly centralized control over its nuclear deterrent. The choices China makes about SSBN command and control will have important implications for strategic stability. Despite claims that the People’s Liberation Army (PLA) Rocket Force will be responsible for all Chinese nuclear forces, Chinese SSBNs currently appear to be under the control of the PLA Navy. However, China may choose to revise its command and control structures as its SSBNs begin armed deterrent patrols. There are three broad command and control models, allocating varying degrees of authority to the PLA Navy or the Rocket Force. China’s decisions about SSBN command and control will be mediated by operational, bureaucratic, and political considerations. A hybrid approach to command and control, with authority divided between the navy and the Rocket Force, would be most conducive to supporting strategic stability.
  • Topic: International Affairs
  • Political Geography: China
  • Author: Philip C. Saunders, Joel Wuthnow
  • Publication Date: 05-2016
  • Content Type: Policy Brief
  • Institution: Institute for National Strategic Studies
  • Abstract: The Chinese People’s Liberation Army (PLA) is undertaking its most significant restructuring since 1949, including changes to all of the PLA’s main organizational pillars—the Central Military Commission, services, and theaters. The reforms are modeled partly on the U.S. military structure, where combatant commanders lead operations and the services train and equip troops. However, the PLA remains a Leninist military responsible for defending Chinese Communist Party (CCP) rule. The reforms aim to tighten CCP supervision over a force seen as corrupt and unaccountable and to enhance the PLA’s ability to conduct joint operations across multiple domains. Theater commanders will be able to develop force packages drawn from all the services, and a new Strategic Support Force will provide C4ISR support. The reforms will create a short term organizational disruption, but may enable more effective joint war fighting over the long term. The PLA will have to overcome significant obstacles such as continued ground force dominance and inter-service rivalry to make the reforms succeed.
  • Topic: International Affairs
  • Political Geography: China
  • Author: Joel Wuthnow
  • Publication Date: 03-2016
  • Content Type: Policy Brief
  • Institution: Institute for National Strategic Studies
  • Abstract: China is poised to increase economic and diplomatic cooperation with Iran as a result of sanctions relief under the recent Iran nuclear deal, though a close geopolitical alignment between the two states is unlikely. Sino-Iranian relations will remain limited by several enduring constraints, including China’s desire for positive ties with other states, its pursuit of energy diversification, and its need for regional stability. Renewed Chinese arms sales to Iran could constitute an emerging challenge for the United States. This could increase Iran’s antiaccess/ area-denial threat to U.S. military forces and create proliferation risks. U.S. officials should press Chinese interlocutors to avoid exporting advanced weapons, which could embolden Iran to conduct a more brazen foreign policy that would threaten China’s fundamental need for regional stability
  • Topic: International Affairs
  • Political Geography: China, Iran
  • Author: Louis Brennan
  • Publication Date: 03-2015
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: As the motives driving China’s outward foreign direct investment (OFDI) have expanded from resource - seeking to asset - and market - seeking, Chinese FDI in Europe has grown rapidly. Although Europe, with its advanced technologies and know - how, brands and sophisticated markets, represents an attractive destination for asset - seeking and market - seeking Chinese FDI, it has also posed challenges for Chinese investors. They arise for a number of reasons: the divergent characteristics of the host region, home country liability of origin, as well as China’s OFDI regulation and the capabilities of the investing enterprises.
  • Political Geography: China, Europe
  • Author: Axel Berger, Lauge N. kovgaard Poulsen
  • Publication Date: 02-2015
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: The prospect of including investor-state dispute settlement (ISDS) into the Transatlantic Trade and Investment Partnership (TTIP) has produced a polarizing debate in the Europe an Union (EU). Critics have argued that this adjudication mechanism is unnecessary in TTIP as United States (US) investors can expect fair treatment in EU courts and vice versa.
  • Political Geography: China
  • Author: Ilan Strauss, Ralf Krüger
  • Publication Date: 02-2015
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: Over the last decade Africa has attracted an increasing share of global foreign direct investment (FDI) inflows. China and other emerging markets are usually highlighted as important sources of this increase — and they are. However, perhaps the most significant contributor has been Africa itself.
  • Political Geography: Africa, China
  • Publication Date: 07-2015
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: China’s coal consumption fell marginally in 2014, the first such drop this century, in large part as a result of its policies to address its severe air pollution, develop renewable and alternative energy, and transition its economy away from heavy industry. China should take advantage of its current circumstances to adopt an aggressive national coal consumption cap target and policy to peak its coal consumption as soon as possible, no later than its next Five Year Plan (2016–2020), so that it can peak its CO2 emissions by 2025. It can achieve this target by building upon its existing achievements in developing clean energy such as wind and solar power, and by prioritizing renewable energy development over coal in its western expansion. China can help lead a transition to clean energy that will contribute greatly to global efforts to keep warming to no more than 2°C, and can serve as a model for other developing countries.
  • Topic: Climate Change, Development, Energy Policy, Industrial Policy
  • Political Geography: China
  • Author: Ryan Rutkowski
  • Publication Date: 01-2015
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: Faced with slowing economic growth, Chinese policymakers now recognize that the service sector of the economy—transportation, communications, finance, and health care—could spur economic activity and employment. The catch is that China must reform these and other areas to accomplish this goal. Chinese leaders have outlined an ambitious agenda for reform, but myriad vested interests could slow or block their plans. This Policy Brief evaluates the steps taken so far and the difficulties that lie ahead in implementing them. If policymakers fail to reform and open up the service sector, they run the risk of seriously impairing China's growth prospects.
  • Topic: Economics, International Trade and Finance, Labor Issues, Financial Crisis, Reform
  • Political Geography: China
  • Author: Maral Noori, Daniel Jasper, Jason Tower
  • Publication Date: 08-2015
  • Content Type: Policy Brief
  • Institution: United States Institute of Peace
  • Abstract: In 2011, U.S. president Barack Obama announced plans to "pivot" toward Asia. In 2012, Chinese president Xi Jinping expressed his hope for "a new type of relationship" with the United States. A lack of strategic trust between the two countries, however, prevents critically needed productive cooperation. This Peace Brief addresses the misunderstandings behind this mistrust and a possible way to move beyond them.
  • Topic: International Relations, Communism, Diplomacy, Bilateral Relations
  • Political Geography: United States, China
  • Author: Jeffrey Schott, Eujiin Jung, Cathleen Cimino-Isaacs
  • Publication Date: 12-2015
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: Of all the free trade agreements (FTAs) concluded by Korea with its major trading partners since the turn of the century, the Korea-China FTA may be the largest in trade terms. It is, however, far from the best in terms of the depth of liberalization and the scope of obligations on trade and investment policies. Korea and China agreed to liberalize a large share of bilateral trade within 20 years, but both sides incorporated extensive exceptions to basic tariff reforms and deferred important market access negotiations on services and investment for several years. Political interests trumped economic objectives, and the negotiated outcome cut too many corners to achieve such a comprehensive result. The limited outcome in the Korea-China talks has two clear implications for economic integration among the northeast Asian countries. First, prospects for the ongoing China-Japan-Korea talks will be limited and unlikely to exceed the Korea-China outcome. Second, Korea and Japan need to strengthen their bilateral leg of the northeast Asian trilateral and the best way is by negotiating a deal in the context of the Trans-Pacific Partnership.
  • Topic: Economics, International Trade and Finance, Politics, Bilateral Relations
  • Political Geography: United States, China, Asia, Korea
  • Author: William R. Cline
  • Publication Date: 11-2015
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: The latest semiannual fundamental equilibrium exchange rate (FEER) estimates find that the US dollar is now overvalued by about 10 percent, comparable to levels in 2008 through early 2010 and again in 2011. Unlike then, the current strong dollar does not reflect a weak renminbi kept undervalued by major exchange rate intervention by China. Instead, China's current account surplus has fallen sharply relative to GDP, and its recent intervention has been to prevent excessive depreciation rather than to prevent appreciation. Additionally, declines in the real effective exchange rates (REERs) for major emerging-market economies and resource-based advanced economies, driven by falling commodity prices in recent months, have strengthened the dollar. Recent increases in the REERs for the euro area and Japan have removed their modest undervaluation identified in the last FEERs estimates in May, and the Chinese renminbi remains consistent with its FEER. The dollar's rise by nearly 15 percent in real effective terms over the past two years could impose a drag of nearly one-half percent annually on US demand growth over the next five years. As the Federal Reserve moves to normalize US monetary policy, it may need to consider a gentler rise in interest rates than it might otherwise have pursued, both to temper possible further strengthening of the dollar in response to higher interest rates and to help offset the demand compression from falling net export
  • Topic: Economics, International Trade and Finance, Monetary Policy, GDP
  • Political Geography: United States, China
  • Author: Fiona S. Cunningham, M. Taylor Fravel
  • Publication Date: 12-2015
  • Content Type: Policy Brief
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: Whether China will abandon its long-standing nuclear strategy of assured retaliation for a first-use posture will be a critical factor in U.S.-China strategic stability. In recent years, the United States has been developing strategic capabilities such as missile defenses and conventional long-range strike capabilities that could reduce the effectiveness of China's deterrent. Writings by Chinese strategists and analysts, however, indicate that China is unlikely to abandon its current nuclear strategy.
  • Topic: Arms Control and Proliferation, Nuclear Weapons, Weapons of Mass Destruction, Military Strategy, Bilateral Relations
  • Political Geography: United States, China, East Asia
  • Author: Hongying Wang
  • Publication Date: 12-2015
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: The International Monetary Fund recently concluded its quinquennial review of the composition of the Special Drawing Right (SDR), accepting the Chinese currency into the SDR basket alongside four major international currencies — the US dollar, the euro, the British pound and the Japanese yen. The Chinese government has spent a great deal of energy and political capital to achieve this outcome. This policy paper explains China’s interest in this seemingly exotic and technical pursuit, identifying the political and economic motivations underlying this initiative.
  • Topic: Economics, Politics, International Monetary Fund, Monetary Policy
  • Political Geography: China
  • Author: Boy Lüthje, Christopher A. McNally
  • Publication Date: 10-2015
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: The global financial crisis of 2008-09 led to a policy consensus in China that its socioeconomic development model needed rebalancing. China's rapid development has been based on extensive growth reliant on exports, low wages, environmental exploitation, and the manufacturing of cheap products. China's current plans identify paths to economic rebalancing through intensive growth driven by rising investment in new technologies and manufacturing processes, improved wages and skills, and improved worker and environmental protections. Two industries, automotive and information technology, demonstrate the experience of and opportunities for rebalancing. Both offer improved employment conditions with better wages, but continue to incorporate large swaths of low-wage employment with little protection for workers' health and the environment. Economic rebalancing in China, therefore, has so far only appeared in pockets. Institutional safeguards for wages and labor standards remain constrained by powerful alliances among multinational corporations, Chinese state-owned/private enterprises, and the Chinese state.
  • Topic: Economics, Political Economy, Labor Issues, Financial Crisis
  • Political Geography: China
  • Author: Jon Dorsch
  • Publication Date: 09-2015
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: At the end of 2015 the Association of Southeast Asian Nations (ASEAN) will announce the establishment of the ASEAN Economic Community (AEC). In theory, this agreement should produce an association-wide economic integration. However, following the announcement, and for the foreseeable future, ASEAN member states will continue in significantly less than full regional economic integration. Why? Some observers believe that the AEC plans involve an "overly ambitious timeline and too many ill-thought-out initiatives." Others point to ASEAN's traditional aversion to legally binding agreements. While progress has been made in reducing or eliminating intra-ASEAN trade tariffs, substantial non-tariff barriers to trade persist. However, for most member states, the ASEAN market is relatively small while external markets, especially China, are growing rapidly. Given this outward-orientation for ASEAN trade, is the lack of an unhindered regional market really a problem?
  • Topic: Economics, International Trade and Finance, Markets
  • Political Geography: China, Asia
  • Author: Ashley J. Tellis
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: Carnegie Endowment for International Peace
  • Abstract: China is poised to become a major strategic rival to the United States. Whether or not Beijing intends to challenge Washington's primacy, its economic boom and growing national ambitions make competition inevitable. And as China rises, American power will diminish in relative terms, threatening the foundations of the U.S.-backed global order that has engendered unprecedented prosperity worldwide. To avoid this costly outcome, Washington needs a novel strategy to balance China without containing it.
  • Topic: Foreign Policy, Defense Policy, Development, Emerging Markets
  • Political Geography: United States, China, America, Washington, Beijing, Asia
  • Author: Bart Gaens
  • Publication Date: 02-2014
  • Content Type: Policy Brief
  • Institution: Finnish Institute of International Affairs
  • Abstract: China is challenging the regional balance of power in East Asia through a military buildup and an increasingly assertive foreign policy. The US is forced to find the right balance between cooperating with China while benefiting from its economic rise, and countering China's regional reach by carrying out its self-declared "pivot" to Asia in spite of domestic and budgetary constraints. With just over one year in office, Japan's Prime Minister Shinzo Abe has received wide domestic support for his ambitious plans to revive Japan's economy through his threefold policy of Abenomics. At the same time, however, he has implemented a number of significant policies in the defence and security sphere. In response to China's military rise, the Abe administration increased and recalibrated the defence budget. Furthermore, in order to reinforce the alliance with the US, the government approved the creation of a US-style National Security Council, passed a Secrecy Bill, and aims to reverse Japan's self-imposed ban on exercising the right to collective self-defence. Under the banner of "proactive pacifism", the Abe cabinet is seizing the momentum caused by the changing regional power dynamics in order to edge closer towards "breaking away from the postwar regime". A proposed revision of Japan's constitution, unchanged since 1947, symbolizes the ruling Liberal Democratic Party's (LDP) objective to bring about a more autonomous role for Japan both in the security alliance with the US and as an international actor.
  • Topic: Security, Foreign Policy, Defense Policy, Arms Control and Proliferation, Economics, International Trade and Finance
  • Political Geography: Japan, China, Asia
  • Author: Derek M. Scissors
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: American Enterprise Institute for Public Policy Research
  • Abstract: New data published in the American Enterprise Institute-Heritage Foundation China Global Investment Tracker show that China continues to invest heavily around the world. Outward investment excluding bonds stood at $85 billion in 2013 and is likely to reach $100 billion annually by 2015. Energy, metals, and real estate are the prime targets. The United States in particular received a record of more than $14 billion in Chinese investment in 2013. Although China has shown a pattern of focusing on one region for a time then moving on to the next, the United States could prove to be a viable long-term investment location. The economic benefits of this investment flow are notable, but US policymakers (and those in other countries) should consider national security, the treatment of state-owned enterprises, and reciprocity when deciding to encourage or limit future Chinese investment.
  • Topic: Security, Foreign Policy, Development, Economics, Emerging Markets, International Trade and Finance, Foreign Direct Investment, Sovereign Wealth Funds
  • Political Geography: United States, China, Asia
  • Author: Edmund Cairns
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: Oxfam Publishing
  • Abstract: The UK needs a safe world in which to trade and invest, and to be free from the security threats caused by conflicts or fragile states. Yet spiralling inequality and climate change, among many other factors, threaten to create a more dangerous, unequal world. As the continuing tragedy in Syria shows, the world's old and new powers have not yet found a way to unite to end conflicts. The age of interventions, such as those in Iraq and Afghanistan, is over. But a new rule-based world in which China, India, and others unite with Western powers to protect civilians and end conflicts has not yet come into being. Whoever wins the 2015 UK general election, the greatest test for UK foreign policy will be how much it can do to help build that world.
  • Topic: Security, Foreign Policy, Climate Change, Poverty, Insurgency, Fragile/Failed State
  • Political Geography: Britain, China, Iraq, United Kingdom, Europe, India, Syria
  • Author: Peter Nunnenkamp, Wan-Hsin Liu, Frank Bickenbach
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: P. Chidambaram, India's Minister of Finance, claimed that "FDI worked wonders in China and can do so in India." However, China's example may also point to the limitations of foreign direct investment (FDI) liberalization in promoting the host country's economic development. FDI in China is heavily concentrated in the coastal areas, and previous studies have suggested that this has contributed to the increasing disparity in regional income and growth since the late 1970s.
  • Topic: Development, Economics, International Trade and Finance, Foreign Direct Investment
  • Political Geography: China, South Asia, India
  • Author: Sheng Zhang
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: The China-US bilateral investment treaty (BIT) negotiations have attracted attention due to the relative size and weight of both economies. Despite broad consensus about the importance of such a treaty, there is considerable debate about its shape and content. The debate is reflected in two recent Columbia FDI Perspectives. Donnelly argued that a China-US BIT should be modeled on the US Model BIT without "splitting the difference between Chinese and US positions", and that the possibility of meaningful BIT negotiations are "really up to China at this point".
  • Topic: Economics, Globalization, International Trade and Finance, Bilateral Relations, Foreign Direct Investment, Governance
  • Political Geography: United States, China, Europe, Colombia
  • Author: Jyrki Kallio
  • Publication Date: 04-2014
  • Content Type: Policy Brief
  • Institution: Finnish Institute of International Affairs
  • Abstract: Although China's statements about the Ukrainian crisis have been weighed very carefully, there are concerns that China is drawing lessons such as 'might is right' and 'geopolitics is all that matters' from the crisis. The hawks in China have adopted a similar tone to that of the Kremlin, with both wishing to see a relatively diminished Western influence in the international arena. The Chinese Dream is all about national rejuvenation, which entails redressing past grievances. Nevertheless, the Dream need not turn into a nightmare for other powers. The increase in China's military budget does not indicate growing ambitions of a global power projection. China's primary concern remains stability both within and without its borders.
  • Topic: International Relations, International Security
  • Political Geography: Russia, China, Ukraine, Asia
  • Author: Hongying Wang
  • Publication Date: 04-2014
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: China's role in the global imbalance is closely linked to its domestic imbalance. Chinese policy makers have long been aware of the dual imbalance and the imperative to shift to economic growth driven by domestic consumption. They have taken limited steps in changing the development model, but political obstacles have slowed the pace of reform. The new leadership seems serious about deepening economic reform despite political resistance, but without political reform, the prospect of success remains dim.
  • Topic: Economics, International Trade and Finance, Monetary Policy, Governance
  • Political Geography: China, Asia
  • Author: Gerald Stang
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: European Union Institute for Security Studies
  • Abstract: In 2012, China was the world's seventh biggest producer of natural gas, the fourth largest oil producer, and the biggest producer of hydroelectricity. It also produced almost as much coal as the rest of the world combined. Still, this is not enough. China's domestic energy bounty has long allowed the country to keep its overall import dependency relatively low but, as the country's economy continues to boom, its import dependency is growing quickly, particularly with regard to oil.
  • Topic: Economics, Energy Policy, International Cooperation, International Trade and Finance, Markets, Natural Resources
  • Political Geography: China, Asia