by Renato C. de Castro/ April 3, 2018/ Stratbase ADR Institute
Prior to the Association of Southeast Asian Nations (ASEAN) summit in Manila last year, Australia, Japan, India and the United States resurrected a loose security association called “Quadrilateral Security Dialogue” or the Quad. Continue reading “The Quad: A force to contain China?”→
Is it a risk for America that China holds over $1 trillion in U.S. debt?
by China Power
Many worry that China’s ownership of American debt affords the Chinese economic leverage over the United States. This apprehension, however, stems from a misunderstanding of sovereign debt and of how states derive power from their economic relations. The purchasing of sovereign debt by foreign countries is a normal transaction that helps maintain openness in the global economy. Consequently, China’s stake in America’s debt has more of a binding than dividing effect on bilateral relations between the two countries. Continue reading “Is it a risk for America that China holds over $1 trillion in U.S. debt?”→
Duterte’s push for joint exploration in the South China Sea
by Aaron Jed Rabena / The Strategist / January 31, 2018
From being a frontrunner in pressing China on the South China Sea disputes, the Philippines under President Rodrigo Duterte is seeking closer relations with China. In his state of the nation address in July last year, Duterte announced that he wants to begin a joint exploration venture with China in the South China Sea, in the area that Philippine government agencies refer to as the ‘West Philippine Sea’. The Chinese hailed the initiative as ‘full of political wisdom’. Continue reading “Duterte’s push for joint exploration in the South China Sea”→