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  • Author: Mervat Zakaria
  • Publication Date: 04-2021
  • Content Type: Commentary and Analysis
  • Institution: Future for Advanced Research and Studies (FARAS)
  • Abstract: Uncovering the limitations of the Chinese Iranian agreement The Economic Cooperation Agreement signed between Iran and China in March 2021 unfolded a development plan that includes China injecting $ 400 billion into various sectors of the Iranian economy. This grants Tehran an opportunity to increase the pressures imposed on the new US administration, regarding resumption of the Joint Comprehensive Plan of Action held with the P5+1 in 2015, as well as confronting the surrounding regional threats and alleviating internal pressures by improving the Iranian standard of living.
  • Topic: Economics, International Cooperation, Treaties and Agreements
  • Political Geography: China, Iran, Middle East, Asia
  • Author: Markus Jaeger
  • Publication Date: 03-2021
  • Content Type: Commentary and Analysis
  • Institution: German Council on Foreign Relations (DGAP)
  • Abstract: The Biden administration has just issued its Interim National Security Strategic Guidance. The guidance document states the need to “build back better at home” and acknowledges that “international economic policies must serve all Americans” – a theme often referred to as “foreign policy for the middle class”. While the interim guidance does not preclude cooperation with China in selected policy areas, it is unambiguous in considering China a strategic competitor. The prospect of intensifying China-US geopolitical and (geo)economic competition is bad news for Germany, which has high value trading and investment relationships with both countries.
  • Topic: Foreign Policy, Economics, National Security, Geopolitics
  • Political Geography: China, Europe, Asia, Germany, North America, United States of America
  • Author: Didi Kirsten Tatlow, András Rácz
  • Publication Date: 08-2021
  • Content Type: Commentary and Analysis
  • Institution: German Council on Foreign Relations (DGAP)
  • Abstract: China and Russia want to maintain Germany’s political status quo: Centrist, at times mercantilist policies, have often worked in their favor. Now, with the Green Party ascendant and public opinion shifting, neither Russia nor China can be sure that classic "centrism” will emerge after September. Russia and China will increase their influence and interference efforts in the run-up to the election and beyond, using informational, political, and cyber tactics, and economic and political networks.
  • Topic: Economics, Politics, Public Opinion, Elections
  • Political Geography: Russia, China, Eurasia, Asia
  • Author: Karl Friedhoff, Suh Young Park
  • Publication Date: 05-2021
  • Content Type: Commentary and Analysis
  • Institution: Chicago Council on Global Affairs
  • Abstract: Chicago Council survey data find majorities in South Korea view China as more of a security threat than a security partner and as more of an economic threat than an economic partner. On May 21, South Korea’s President Moon Jae-in will meet President Joe Biden at the White House. In his first 100 days in office, Biden’s foreign policy has focused on repairing alliances and setting the administration’s policy toward China—in March and April alone, the administration participated in US-China talks in Alaska, 2+2 meetings in South Korea and Japan, trilateral talks among national security advisers, and Japanese Prime Minister Yoshihide Suga's visit to Washington. Moon’s visit will add North Korea to the agenda. The two leaders meet at a time when there are significant gaps on their preferred paths forward to dealing with Beijing and Pyongyang. However, recent Chicago Council surveys find that attitudes among publics in South Korea and the United States are remarkably similar when it comes to China and North Korea.
  • Topic: Security, Foreign Policy, Economics, Public Opinion
  • Political Geography: China, Asia, South Korea, North America, Southeast Asia
  • Author: Li Hao
  • Publication Date: 03-2020
  • Content Type: Commentary and Analysis
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: As of March 9, 2020, instances of pneumonia attributable to the novel coronavirus (COVID-19) have appeared in more than 100 countries; more than 80,000 persons have been infected in China, of whom over 3,000 have died. These infections have spread to Japan, South Korea, Italy, Iran and elsewhere, devastating global exchange and economic activity. This paper offers a brief examination of the political and economic impact of this outbreak on China.
  • Topic: Economics, Politics, COVID-19
  • Political Geography: China, Asia, Global Focus
  • Publication Date: 04-2020
  • Content Type: Commentary and Analysis
  • Institution: Oxford Economics
  • Abstract: In this report, Oxford Economics looks at the impact the COVID-19 pandemic on the economies of Asia-Pacific. We look at the impact of lockdown measures to contain the pandemic in China and other economies in the region, and their toll on business and households. As the COVID-19 pandemic continues around the globe, governments, investors, business and households are beginning to understand the financial and economic costs more clearly. In this report we examine the channels through which COVID-19 has impacted on the economies of the Asia-Pacific region. We explore the economic cost of lockdown measures, particularly so in China, as well as knock-on effects through supply-chains, tourism, and financial markets. We set out our forecasts for an historically-sharp downturn in the first half of 2020, but potential for a rapid recovery starting later this year and into 2021. Finally, we examine a downside scenario, simulated using our Global Economic Model, in which lockdown measures spread globally and the economic cost is even greater than in our baseline forecast.
  • Topic: Economics, Public Health, Pandemic, COVID-19
  • Political Geography: Asia, Asia-Pacific
  • Author: Roland Rajah
  • Publication Date: 01-2019
  • Content Type: Commentary and Analysis
  • Institution: Lowy Institute for International Policy
  • Abstract: East Asia is no longer reliant on US or Western markets to fuel its growth, giving it more room to manage amid global trade tensions. Heightened global trade tensions and the US desire to ‘decouple’ from the Chinese economy for national security reasons pose significant risks to East Asia’s export-driven growth model. However, the latest data suggests East Asia is no longer so dependent on exporting to the West, with China in particular eclipsing the United States as the leading source of ‘final demand’ for the rest of the region’s exports. This gives East Asia much greater room to manoeuvre, as regional integration is now a more viable platform for growth while US decoupling efforts will likely struggle to find traction in the region.
  • Topic: Economics, International Trade and Finance, Global Markets, Exports
  • Political Geography: China, East Asia, Asia, North America, United States of America
  • Publication Date: 11-2019
  • Content Type: Commentary and Analysis
  • Institution: Oxford Economics
  • Abstract: Since opening its first office in Japan in 2005, Huawei has played a significant role in developing Japan's digital infrastructure. Working collaboratively with local manufacturers and innovators, the company has developed a suite of innovations that tailor technology solutions to the Japanese context. Huawei also delivers long-term benefits to Japan's productive potential, through its investment in Japanese research and development and the training it provides to its employees and the wider Japanese workforce. This report, commissioned by Huawei, seeks to quantify the company's "total economic impact" across Japan, through its direct operations and the "knock-on effects" it creates in Japanese supply chains and the wider economy. We find that in 2018, Huawei sustained a JPY 766 billion contribution to Japan's GDP, supported 46,400 Japanese jobs and generated JPY 208 billion in tax revenues.
  • Topic: Economics, Tax Systems, Innovation, Private Sector
  • Political Geography: Japan, Asia
  • Publication Date: 05-2017
  • Content Type: Commentary and Analysis
  • Institution: Oxford Economics
  • Abstract: US freight railcar manufacturers contribute $6.5 billion to U.S. GDP and support nearly 65,000 jobs. However, increased global competition and evidence suggesting unfair business practices puts this contribution at risk. Oxford Economics conducted an original study that evaluates the practices of Chinese state-owned enterprises' (SOE) push into the U.S. market and the potential risks to domestic manufacturers and domestic supply chains. The study focuses primarily on U.S. freight railcar production and includes consequences from a similar experience in Australia's freight railcar production, when faced with the entrance of Chinese SOEs.
  • Topic: Economics, Hegemony, State Actors, Transportation
  • Political Geography: China, Asia, Australia, Australia/Pacific, North America, United States of America