China and India: on the ‘friend’ side of ‘frenemy’?
by Soyen Park / East Asia Forum / 16 May 2018
As Korean leaders Kim Jong-un and Moon Jae-in were charming the world walking hand in hand over the demarcation line to the north, another ‘heart-to-heart’ summit was happening in the central Chinese city of Wuhan — this one between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi. Billed as the ‘first informal summit’, the two-day get-together between Modi and Xi aimed to ‘reset’ China–India ties after years of mutual distrust. Not even a year ago, the world’s two most populous countries locked horns in a face-off at Doklam. But the dragon and the elephant seem to have agreed to settle their differences and dance to the tune of rising global uncertainties, at least for now. Continue reading “China and India: on the ‘friend’ side of ‘frenemy’?”→
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?”→