Behind China’s enthusiasm for free trade
Lately China has been a big promoter of free trade. Has Beijing finally come around to the benefits of international capitalism? There are reasons to be skeptical. Among them are centuries-old strains in Chinese philosophy about a strong state, and how to achieve hegemony.
GIS Dossier: Global trade and protectionism
According to the economic law of comparative advantage, the whole world has benefited from the enormous expansion of international trade since 1980. But over the past decade, few countries have acted like they believe it. GIS experts look at the roots and likely future course of protectionism’s global resurgence.
China and the power of the port
China’s growing naval capabilities have gained a lot of attention, but it is also making huge investments in strategically crucial ports around the globe. These will bolster its economic influence, energy security as well as its military objectives. The arrival of a new power in congested geopolitical choke points will require skillful diplomacy.
China’s stealth expansion in Latin America
Donald Trump's short tenure in the White House has already enhanced China's low-profile but pervasive influence in Latin America. While Chinese trade penetration has slowed, investment and infrastructure lending are expanding at a brisk pace. Perhaps most helpful to Beijing has been Mr. Trump's general indifference to the region, though some generals in his national security apparatus are beginning to fret.
The Trump administration’s good week
Though President Trump was back in the headlines last week, for once, the media gave his moves some positive coverage. And for good reason: the U.S. strike against a Syrian air base, the appointment of Judge Gorsuch to the Supreme Court and new economic policy moves all bode well for the administration.
Asian powers ponder options as America turns inward
With internationalism on the retreat in the United States and Europe, Asia’s two biggest powers find themselves on the spot. Both China and India have spoken in defense of globalization and a multilateral, rules-based order. But neither appears ready to fill the vacuum left by receding U.S. power.
Global Outlook 2017: China’s rocky year
The election of Donald Trump in the United States brings with it a great deal of uncertainty for China and its leaders. It could face the threat of a trade war, and diplomatic challenges regarding Taiwan and the South China Sea. However, as Washington takes a more isolationist stance, 2017 will also offer China the opportunity to fill the vacuum.
The U.S. and China’s ‘free trade’ agendas
The United States and China are not true champions of free trade. Beijing pushes exports but effectively curbs imports through a maze of administrative obstacles. Washington traditionally concentrates on job protection and creation; its trade policies reflect these priorities.
Global Outlook 2017: Prospects for Xi Jinping
Chinese President Xi Jinping has consolidated his power and now is pushing to make a lasting impact, including by changing the rules to remain in office for a third term. It looks likely that he will achieve his goals, but plenty of obstacles still stand in his way. Expect him to emphasize ideology over practical economics. If his efforts stall, he may turn to the military for support.
President Trump’s impact on Latin America
We do not know how much Donald Trump does not know about Latin America. If he keeps his campaign promises, the U.S. economy could suffer as much as Mexico’s or Brazil’s, and illegal immigration could get worse. A lot will depend on the new president’s learning curve.