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111. How China Regards its Future in the World

Author:
Marcos Caramuru and Philip Yang
Publication Date:
04-2021
Content Type:
Special Report
Institution:
Brazilian Center for International Relations (CEBRI)
Abstract:
China’s post-Covid plans regarding national investment and foreign policy are ambitious and its success depends on the ability to build trustworthy relations with its Asian neighbors and the great powers. The XXII China Analysis Group meeting gathered experts to discuss China’s positioning and the ways in which it could overcome challenges and aim for a positive bilateral agenda with the USA during the Biden administration.
Topic:
International Relations, Foreign Policy, Bilateral Relations, Investment, and COVID-19
Political Geography:
China, Asia, and United States of America

112. A Limited Partnership: Russia-China Relations in the Mediterranean

Author:
Jim Townsend, Andrea Kendall-Taylor, David Shullman, and Gibbs McKinley
Publication Date:
09-2021
Content Type:
Special Report
Institution:
Center for a New American Security (CNAS)
Abstract:
The last several years have seen a worrisome increase in tensions in the Mediterranean involving age-old rivals such as Turkey, Greece, and Cyprus, as well as increased involvement from newer players like Egypt, the United Arab Emirates, Saudi Arabia, and China, or returning players in the case of Russia. Many analysts have noted an increase in power struggles between some of these actors in the region. It is against this backdrop of competition that observers have questioned whether the Mediterranean will become a new arena for increased collaboration between China and Russia. In the last several years, the two countries have increased their presence and influence in the Mediterranean, creating opportunities for growing cooperation at odds with U.S. interests and objectives in the region. As the authors have argued in previous CNAS research, the increasing depth of Russia and China’s partnership creates challenges for U.S. interests and increases the risk that both countries pose to the United States. For this reason, the United States should not write off Russia-China relations as just an uncomfortable or unnatural partnership. But nor should Washington seek to counter their cooperation in every dimension of their partnership or compete intensely in every region.1 The alignment between Russia and China presents a comprehensive challenge; addressing it will require policymakers to prioritize and address their cooperation in the areas likely to pose the greatest threats to U.S. interests, and conversely, avoid focusing on areas of lesser concern. The Mediterranean is a region where U.S. policymakers should not overstate the potential for Russia-China cooperation, nor the significance of the implications of their partnership. As Russia and China have increased their activities in the Mediterranean, they have done so largely through parallel and complementary efforts, rather than explicit cooperation. Russia and China share an interest in dividing the European Union and NATO and increasing their own image and influence in the region, especially at the expense of the United States’ influence. However, the Mediterranean is not a priority for Russia or China; the two countries have divergent priorities in the region, and they pursue these priorities differently, limiting the common ground for active engagement between them. Russia has prioritized its security presence and relationships, while Beijing is focused on advancing its economic interests.
Topic:
Foreign Policy, International Cooperation, Bilateral Relations, and Partnerships
Political Geography:
Russia, China, Eurasia, Asia, and Mediterranean

113. Containing Crisis: Strategic Concepts for Coercive Economic Statecraft

Author:
Emily Kilcrease, Emily Jin, and Rachel Ziemba
Publication Date:
12-2021
Content Type:
Special Report
Institution:
Center for a New American Security (CNAS)
Abstract:
As the United States and China seek to manage an increasingly tense relationship, both sides have turned to coercive economic statecraft as a core part of their broader foreign policy, with disruptive impacts on the global economic order. A growing body of research examines the use of coercive economic tools, including prior work by the CNAS Energy, Economics, and Security program. This report adds to that literature by specifically examining the use of coercive economic tools during periods of geopolitical crisis to assess their value in de-escalating tensions or deterring further economic coercion. The researchers developed scenario exercises to examine these dynamics, supported by a literature review and extensive engagement with subject matter experts. The insights from the research informed the development of two overarching strategic concepts intended to guide U.S. policymakers when deploying economic tools as part of a crisis management situation.
Topic:
Security, Foreign Policy, Economics, Bilateral Relations, and Crisis Management
Political Geography:
China, Asia, North America, and United States of America

114. The United States in India's Strategy in the Indo-Pacific Region Since 2014

Author:
Jakub Zajaczkowski
Publication Date:
01-2021
Content Type:
Journal Article
Journal:
Polish Political Science Yearbook
Institution:
Polish Political Science Association (PPSA)
Abstract:
The article's objective is to analyze the main assumptions of India's strategy in the Indo-Pacific region and define the role of the US in it. The time frame of the article is determined by the assumption of power in India in 2014 by the Indian People's Party (Bharatiya Janata Party, BJP), led by Prime Minister Narendra Modi, as well as the opening of a new stage of the US-led Indo-Pacific rebalancing strategy, which followed China's initiation in 2013 of its Belt and Road Initiative (previously known as the One Belt One Road project). The article seeks to answer the following main research question: What role has India attributed to the United States in its Indo-Pacific strategy since 2014? It hypothesizes that the United States has assumed an increasingly significant role in India's regional strategy over the past seven years, but not to the extent of a formal alliance, only approaching at best the status of a strategic partnership. The theoretical framework used to analyze the case study of the US role in India's regional strategy is the category of institutional balancing and the assumptions of neoclassical realism. The choice of such research tools was determined by their explanatory value. Moreover, both models complement each other. Bearing the above in mind, the following structure of the article was adopted. The first part presents the general assumption of the analysis and the theoretical framework. The second discusses the evolution of India's approach to the US from 2014 to 2021, indicating the reasons for its change and reconstructing the role of the US in the Indian regional strategy, especially after 2020. The third part draws on the theoretical framework adopted in the article, i.e., the assumptions of institutional balancing and neoclassical realism, to offer conclusions that answer the main research questions.
Topic:
Diplomacy, International Cooperation, Bilateral Relations, Hegemony, and Strategic Interests
Political Geography:
India, Asia, North America, and United States of America

115. India’s Networking Response to the Chinese Threat

Author:
Rajesh Basrur
Publication Date:
06-2021
Content Type:
Special Report
Institution:
East-West Center
Abstract:
India has experienced rising tensions with China in recent years, as demonstrated by two border crises in 2017 and 2020-21. The second event saw the death of some 20 Indian troops, and at least 4 Chinese soldiers, in hand-to-hand combat – the first fatalities in nearly half a century of periodic border face-offs. New Delhi’s policy response has spanned both internal and external balancing. The former has involved augmenting India’s capacity to engage in limited combat of the type that nuclear-armed states have occasionally fought, as did the Soviet Union and China in 1969 and India and Pakistan in 1999. The Indian military has bolstered its border by deploying combat troops, cruise missiles, and advanced combat aircraft. However, China has done much the same, putting pressure on India to upscale its military capabilities. Simultaneously, India has tried to reduce its dependence on the Chinese economy, a more complicated task. Despite a 10 percent decline in bilateral trade owing to the Covid-19 pandemic and border tensions, China was India’s largest trading partner ($77.7 billion) in 2020. The Narendra Modi government sharply cut Chinese investment when the 2020 border confrontation in Ladakh broke out, expelling major Chinese companies like TikTok, WeChat, and UC Browser. Despite these measures, India’s ability to shut China out of its economy is limited. The Indian market depends heavily on Chinese electronic components (70 percent in value terms), pharmaceutical ingredients (70 percent), and consumer durables (45 percent).
Topic:
Conflict Prevention, Bilateral Relations, Economy, and Trade
Political Geography:
China, South Asia, India, and Asia

116. China-India New Intricacies: Rivalry and Cooperation in a New Changing Global Context

Author:
Buddhi Prasad Sharma
Publication Date:
09-2021
Content Type:
Journal Article
Journal:
Journal of Liberty and International Affairs
Institution:
Institute for Research and European Studies (IRES)
Abstract:
At the changing geopolitical landscape with the Covid-19 pandemic scenario, the China-India tussle and scale of regional and global exposition has begun to display with certain consequences, which seems to shake the existing regional balance of power. A mounting political and military confrontation between these two powers as experts suggested could create a hurdle on regional-global stability and can strike on the path of globalization. With historical and existing context analysis, this paper explores that putting genuine differences aside, China and India being responsible stakeholders of the global community, can cooperate and contribute to regional and global peace and prosperity. This paper is based on qualitative research and explorative form in a pattern. This paper concludes that to reduce protracted political and border-related tensions, continuous institutional dialogue, regular communication, and formal-informal exchanges could be effective tools for a peaceful resolution. At this juncture, the competition and cooperation approach could be useful for fostering China-India bilateral relations, and this situation will help to address common challenges of the global community, restructure the global order, and re-adjust regional and global scenarios crippled by the Covid-19 pandemic.
Topic:
Diplomacy, Bilateral Relations, Hegemony, Borders, and Rivalry
Political Geography:
China, India, and Asia

117. China's Belt and Road Initiative and Georgia: A Short Overview

Author:
Ekaterine Lomia
Publication Date:
09-2021
Content Type:
Journal Article
Journal:
Journal of Liberty and International Affairs
Institution:
Institute for Research and European Studies (IRES)
Abstract:
Since the beginning of the 2000s, China has embarked on an unprecedented path of economic development, as evidence of which is the largest economic project of the XXI century initiated by the People's Republic of China. The global Belt and Road Initiative announced by the first person of the country, Xi Jinping, is a shortened name of the ‘Silk Road Economic Belt’ and ‘XXI Century Maritime Silk Road’. It covers the Asia-Pacific, Europe, Central Asia, Southeast Asia, West Asia, and Africa and involves more than a hundred countries, international organizations, and leading economic actors. The main participants in the project are China, Mongolia, Russia, Azerbaijan, Belarus, Poland, Germany, the Netherlands, Kazakhstan, Kyrgyzstan, Pakistan, Bangladesh, Iran, and India. The article reviews the role of the Chinese project in a global context. The paper focuses on the role and purpose of Georgia in the Belt and Road Initiative. This study will try to reveal the results for the benefit of Georgia, which is one of the participating countries, and the role of China through research to be made from documents and academic studies on the subject. Georgia tries to conduct its relations with China, as a partner in the project, with a policy of balance without disturbing its relations with the West.
Topic:
Economics, Bilateral Relations, Infrastructure, Hegemony, and Belt and Road Initiative (BRI)
Political Geography:
China, Europe, Asia, and Georgia

118. Russians See Greater Reward than Risk in Closer Relations with China

Author:
Dina Smeltz, Brendan Helm, Denis Volkov, and Stepan Goncharov
Publication Date:
03-2021
Content Type:
Commentary and Analysis
Institution:
Chicago Council on Global Affairs
Abstract:
As Russia and China grow closer through economic ties, a joint Chicago Council on Global Affairs-Levada Analytical Center survey finds that the Russian public sees little downside to the growing bilateral relationship. With China and Russia on the outs with the United States, Russian President Vladimir Putin and Chinese President Xi Jinping have broadened bilateral economic and military cooperation over the last few years. Recent cooperation has included energy and infrastructure projects, and even a little bit of panda diplomacy. While some observers warn about the potential risk that Russia may grow too dependent on Beijing, a joint Chicago Council on Global Affairs-Levada Analytical Center survey finds that the Russian public sees little downside to the growing bilateral relationship.
Topic:
Foreign Policy, Politics, Bilateral Relations, Public Opinion, and Survey
Political Geography:
Russia, China, Eurasia, Eastern Europe, and Asia

119. The Long Search for Stability: Financial Cooperation to Address Global Risks in the East Asian Region

Author:
C. P. Chandrasekhar
Publication Date:
03-2021
Content Type:
Working Paper
Institution:
Institute for New Economic Thinking (INET)
Abstract:
Forced by the 1997 Southeast Asian crisis to recognize the external vulnerabilities that openness to volatile capital flows result in and upset over the post-crisis policy responses imposed by the IMF, countries in the sub-region saw the need for a regional financial safety net that can pre-empt or mitigate future crises. At the outset, the aim of the initiative, then led by Japan, was to create a facility or design a mechanism that was independent of the United States and the IMF, since the former was less concerned with vulnerabilities in Asia than it was in Latin America and that the latter’s recommendations proved damaging for countries in the region. But US opposition and inherited geopolitical tensions in the region blocked Japan’s initial proposal to establish an Asian Monetary Fund, a kind of regional IMF. As an alternative, the ASEAN+3 grouping (ASEAN members plus China, Japan and South Korea) opted for more flexible arrangements, at the core of which was a network of multilateral and bilateral central bank swap agreements. While central bank swap agreements have played a role in crisis management, the effort to make them the central instruments of a cooperatively established regional safety net, the Chiang Mai Initiative, failed. During the crises of 2008 and 2020 countries covered by the Initiative chose not to rely on the facility, preferring to turn to multilateral institutions such as the ADB, World Bank and IMF or enter into bilateral agreements within and outside the region for assistance. The fundamental problem was that because of an effort to appease the US and the IMF and the use of the IMF as a foil against the dominance of a regional power like Japan, the regional arrangement was not a real alternative to traditional sources of balance of payments support. In particular, access to significant financial assistance under the arrangement required a country to be supported first by an IMF program and be subject to the IMF’s conditions and surveillance. The failure of the multilateral effort meant that a specifically Asian safety net independent of the US and the IMF had to be one constructed by a regional power involving support for a network of bilateral agreements. Japan was the first regional power to seek to build such a network through it post-1997 Miyazawa Initiative. But its own complex relationship with the US meant that its intervention could not be sustained, more so because of the crisis that engulfed Japan in 1990. But the prospect of regional independence in crisis resolution has revived with the rise of China as a regional and global power. This time both economics and China’s independence from the US seem to improve prospects of successful regional cooperation to address financial vulnerability. A history of tensions between China and its neighbours and the fear of Chinese dominance may yet lead to one more failure. But, as of now, the Belt and Road Initiative, China’s support for a large number of bilateral swap arrangements and its participation in the Regional Comprehensive Economic Partnership seem to suggest that Asian countries may finally come into their own.
Topic:
Regional Cooperation, Bilateral Relations, Financial Crisis, Central Bank, IMF, Liberalization, Financial Globalization, and Financial Integration
Political Geography:
China, Asia, and United States of America

120. Indo-Iran Relations in the Changing Regional Environment Implications for South Asia

Author:
Shehzada Afzal and Nazir Hussain
Publication Date:
01-2021
Content Type:
Journal Article
Journal:
South Asian Studies
Institution:
Department of Political Science, University of the Punjab
Abstract:
International relations are determined by systemic and structural factors at the global, regional and state/domestic levels. Inter-state relations require common interests, shared goals, inter-related threat perception and eminent security challenges. Indo-Iranian relations have been on a progressive trajectory since the beginning of current century; their relations are focussed on political, economic, security and strategic spheres. As an emerging major power, India intends to enhance its influence across regions. This paper attempts to examine how Indo-Iranian relations have shaped up over the years. How convergence of interests by these two far-off neighbors have developed to join and cooperate in economic, political and social domains. For Pakistan, any development on its eastern and western borders holds important bearing on its national security; therefore, what new challenges are posed by Indo-Iranian relations in the changing regional environment of South Asia.
Topic:
Security, Diplomacy, International Cooperation, Bilateral Relations, Peace, and Regionalism
Political Geography:
Iran, South Asia, Indonesia, Middle East, and Asia