Written by Sung-Young Kim, Elizabeth Thurbon, Hao Tan and John Mathews
China’s President Xi Jinping surprised the global community recently by committing his country to net-zero emissions by 2060. Prior to this announcement, the prospect of becoming ‘carbon neutral’ barely rated a mention in China’s national policies.
Read MoreWritten by Stephen Nagy and Hanh Nguyen
Surveys conducted by American and European Union Chambers of Commerce showed that more than 80 per cent of businesses do not have relocation plans. Despite rising labour costs and geopolitical tensions, China still holds several critical advantages — high-skilled labour, a giant market, adequate infrastructure, and complex supply chains for business.
Read MoreWritten by Sung-Young Kim, Elizabeth Thurbon, Hao Tan and John Mathews
South Korea’s economy has been hit hard by the COVID-19 pandemic. In particular, its export industries dropped by 24 per cent in May as demand for the nation’s mainstay products fell away. In response, Korean President Moon Jae-in launched the Korean New Deal or “K-New Deal”.
Read MoreWritten by Avinash Godbole
The new principal contradiction, as stated by Xi Jinping in his 2017 Party congress speech, essentially acknowledges that a new form of state-society relationship is required in China as the country is in the midst of one of the most significant transitions in its modern political history.
Read MoreWritten by Antoine Bondaz
Maintaining peace and stability in the Taiwan Strait is a key interest for the EU. A military conflict in the Taiwan Strait would entail heavy humanitarian consequences, tremendous economic disruptions, and would embolden authoritarian regimes to act aggressively in violation of international law.
Read MoreWritten by Zsuzsa Anna Ferenczy
Building on its gratitude towards Taiwan for its provision of medical supplies, the EU and its member states should meaningfully push for Taiwan’s inclusion in international efforts. More importantly, the EU should support Taiwan’s participation in international organisations.
Read MoreWritten by Sana Hashmi
Calls for India to engage Taiwan from its domestic sphere and China’s continued aggression provide India with an opportunity to rethink its Taiwan policy – not because Taiwan can be used as a “card” against China but because India needs to find new credible partners in East Asia as New Delhi moves away from Beijing.
Read MoreWritten by Nick Bisley
Tit-for-tat consulate closures in Houston and Chengdu, the expulsion of journalists, ideological rhetoric from the likes of US Secretary of State Mike Pompeo and increased military manoeuvres in the East and South China Seas have led many to conclude the world is on the cusp of a second Cold War.
Read MoreWritten by Alexey D Muraviev
It came as no surprise that a month later, the honour guards of the People’s Liberation Army marched in Red Square as part of grand celebrations to mark the 75th anniversary of Soviet victory over Germany. The event was heavy on symbolism — yet another way for the two rivals to signal their growing closeness.
Read MoreWritten by Sreejith Sasidharan
The violence in Ladakh, also allowed Beijing to examine the degree of coordination that exists within the Indo-US strategic partnership. As Indian and Chinese soldiers clashed with medieval-style weapons in the Galwan Valley, Beijing paid close attention to how the United States reacted.
Read MoreWritten by Lokman Karadag
Prompting Seoul’s aircraft carrier program are the persistent reports of the Trump Administration’s plans to withdraw a sizeable number of US troops from the Korean peninsula, leaving South Korean officials increasingly uncertain over Washington’s defence guarantees.
Read MoreWritten by Amelia Hadfield
What began as a single protest in 2003 has now turned into a consolidated, permanent anti-government structure, including a wide range of citizens and stakeholders from across and beyond Hong Kong, all of whom are largely united in their demands to preserve democracy and autonomy for Hong Kong.
Read MoreWritten by David Hutt
Anti-China nationalism has grown more potent and politically important in Vietnam in recent years, and it could impact relations between both countries’ respective communist parties. It might also lead to an escalation of tensions in the South China Sea, as the VCP feels a greater need to give into nationalist cries and rebuff its far stronger adversary.
Read MoreWritten by Heidi Wang-Kaeding
Red capital refers to money from mainland China. In Hong Kong, much of this Chinese capital flows through companies registered at the Hong Kong Stock Exchange (HKEX), either as what are called red chips or H-share stocks.
Read MoreWritten by Zhongdong Niu
Huawei and TikTok were two of the most successful examples of globalisation. Huawei has risen to become a world champion in telecommunications. TikTok was only launched in 2016, but is now the fourth most popular app in the world. Both of these Chinese companies are now at the mercy of a widening geopolitical divide.
Read MoreWritten by Miriam L. Campanella
Going down the path of financial decoupling is far riskier strategy than imposing tariffs. The Trump Administration risks fragmenting the global financial system. This in turn risks destabilizing the global growth, and heralds the return of a financial Iron Curtain between East and West.
Read MoreWritten by Tridivesh Singh Maini
Important transport projects include a 2,300-kilometre road, which will connect Tehran with Urumqi in China's Xinjiang province. The aim of which will be to link up with the Urumqi-Gwadar highway, itself an important component of the China Pakistan Economic Corridor (CPEC).
Read MoreWritten by Zsuzsa Anna Ferenczy and Ma Junjie
Germany’s economic might has been decisive in shaping bilateral ties, but also EU-China relations. Trade cooperation has ensured Berlin a position of strength within the EU vis-à-vis China. But cooperation has turned into rivalry, jeopardising Germany’s leading role in high-tech manufacturing.
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