East Asia after the Pax Americana
Since the end of the Korean War, the American military presence in East Asia has been crucial to maintaining a balance of power in the region and preventing the outbreak of a major war. Now, with China rising and the United States withdrawing, Japan has been left in limbo. Tokyo must now decide how to tackle some daunting challenges.
ZTE and the new era of distrust between China and the West
When the U.S. slapped sanctions on Chinese telecoms equipment maker ZTE, it was a huge issue in China, and finding a solution rose to the top of the agenda for the trade talks between Washington and Beijing. But the ZTE case is just the beginning of an uncomfortable race. A technologically competitive China with an authoritarian system is here to stay. The West will have to find a way to deal with the challenge.
In Western capitals, shifting attitudes on China
Washington and Europe’s major capitals are taking a more critical view of China, and concern about the implications of Chinese investment is on the rise. The question is whether these governments can align their policies to formulate a coordinated response to the challenges posed by China’s rise. The international rules-based order is at stake.
Greater Eurasia – a Kremlin pipe dream
The Kremlin’s vision for a “Greater Eurasia” partnership with China is often held up as Russia’s most important geostrategic priority. According to this concept, the two countries would control a powerful bloc of non-Western states to challenge American hegemony. However, the two have vastly different goals, and it is becoming clearer that China would become the dominant member of the initiative.
Opinion: Ready for the next recession?
Economists enjoy delivering bad news. The current favorite being shared by academics and financial experts is that the world is headed for a recession, in 2020 or 2021 at the latest. But we regard this as unlikely, unless there is a major political accident – such as a trade war or turmoil in China. While a slowdown is always possible, especially in Western Europe, that does not make a recession.
Scenarios for North Korea
Why has Kim Jong-un decided to enter peace talks with South Korea now? There are several possibilities. He could be trying to reintegrate his country with the global community, maneuvering for tactical advantage or preparing for an exit from power. The latter carries the most risk and could destabilize the region.
China refreshens old promises to open up its domestic market
Chinese President Xi Jinping’s April pledge to allow more foreign competition in the country’s manufacturing and financial services sectors, and to respect Western companies’ intellectual property rights, momentarily eased the tension between Washington and Beijing. However, even if China implements these concessions, they will not suffice to eliminate the huge, deepening deficit in U.S. trade with the Asian country.
GIS Dossier: The North Korean opening
President Donald Trump’s surprising decision to hold summit talks with Kim Jong-un has triggered a round of high-stakes diplomacy, including repeat meetings between North and South Korean officials and a lightning visit by Mr. Kim to Beijing. There is nothing accidental about Pyongyang’s charm offensive. It is the moment the North Korean leader has been preparing for years.
Trump-Kim meeting marginalizes China
For years, China has had a contradictory policy on North Korea. On one hand, it condoned Pyongyang's nuclear program, while on the other it tried to broker talks to shut it down. Now, with U.S. President Donald Trump accepting an invitation from Kim Jong-un to meet and discuss denuclearization, China has been sidelined. It will still hold plenty of economic sway over its neighbor, but its grip on Pyongyang is clearly weakening.
GIS Dossier: The South China Sea
The South China Sea is critical for global trade and security. Beijing’s moves to extend its influence throughout the sea have heightened tensions, risking conflict with neighbors and the United States. China’s global position, economic power and energy riches are all at stake. This survey presents GIS experts’ analyses and predictions for this crucial body of water.