Cloudy skies for China’s aviation industry
China's commercial aircraft market will soon be the world's largest, but its domestic industry is not well positioned to take advantage. Engine technology is lagging, while safety, maintenance and other performance issues have set back the development of new aircraft. The outlook for military aviation is even worse unless endemic corruption can be stamped out.
Russia losing the new Great Game
Chinese leader Xi Jinping's visit to Moscow last month brought a raft of investment deals, suggesting that Russian President Vladimir Putin is successfully executing his version of a pivot toward Asia. But appearances deceive. The Sino-Russian "strategic partnership" is not an agreement between equals, and Russia has lost the upper hand in Central Asia.
North Korea crisis reveals true nature of Russia-China relationship
Many people seem to believe that China and Russia have a close relationship and can work together to solve issues the United States struggles with. But Moscow’s failure to inform Beijing of a U.S. strike in Syria and Russia’s energy exports to North Korea tell a different story.
Opinion: Confusing statements on money and trade
Janet Yellen is not worried about another global financial crisis. Mario Draghi and even Warren Buffet bemoan “inequality.” But no one seems to be taking seriously the problems artificially cheap money is causing to the global economy. With such a fragile global financial situation, free trade could be a big help – but protectionism is on the rise. Could the upcoming G20 meeting bring substantive progress on that count?
India and U.S. both look to contain China
U.S. President Donald Trump and Indian Prime Minister Narendra Modi have plenty in common – the most important of which is a desire to counter Beijing’s rising influence. With that in mind, Washington could support Indian policy in Southeast Asia and help New Delhi build its role as a maritime power.
Indian opposition to China’s New Silk Road
India has become the most vocal opponent of China’s massive Belt Road Initiative (BRI), which New Delhi sees as a thinly veiled geopolitical power play by Beijing. So far, China has not pushed back hard, and instead has consistently tried to woo the Indian side. This is because linking the BRI to India could make the project much more profitable. If China could adjust the project to accommodate Indian concerns, it would benefit the continent. But for now, that looks unlikely.
Scenarios for the stalemate over North Korea
Kim Jong-un continues to provoke the international community, while Beijing and Washington seem powerless to stop the development of North Korea’s nuclear program. The complex web of interests and commitments in the region makes it hard to see a way to defuse the crisis, but it also seems unlikely that Mr. Kim would willingly lead his country down a path that would certainly end his regime.
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.