Xi Jinping’s defence of globalisation and open markets: key takeaways from Chinese leader’s speech to Boao Forum
by Sarah Zheng / April 10, 2018 / SCMP
Chinese President Xi Jinping committed to further opening up China’s markets as he sought to portray the country as a leading defender of globalisation. Continue reading “Xi Jinping’s defence of globalisation and open markets: key takeaways from Chinese leader’s speech to Boao Forum”
The Quad: A force to contain China?
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?”
Trade war is not a zero-sum game, but a lose-lose for the US and China
by Aidan Yao/ 28 March 2018/ South China Morning Post
With three rounds of tariffs in less than three months, US President Donald Trump has significantly upped his game on trade protectionism, casting doubts over the outlook for Sino-US economic relations. Continue reading “Trade war is not a zero-sum game, but a lose-lose for the US and China”
Does ASEAN support US military presence in South China Sea?
by Mark J. Valencia / April 2, 2018 / The Jakarta Post
On March 23, the US Navy destroyer Mustin made a non-innocent passage within 12 nautical miles of China’s artificially built up and occupied Mischief Reef. China saw this as yet another “serious political and military provocation”. This latest Freedom of Navigation Operation (FONOP) came amidst a downturn in US –China relations—particularly regarding the South China Sea (SCS). Continue reading “Does ASEAN support US military presence in South China Sea?”
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?”
Joint Development in the West Philippine Sea: an Idea Whose Time Has Come
By Lucio Blanco Pitlo III/ March 19, 2018 / Originally posted at PACNET
A proposed joint development (JD) in the West Philippine Sea (WPS) between the Philippines and China has revived debates on how best to move forward in the longstanding regional flashpoint. There should be no debate – the Philippines should enter into the JD, even if the partner is a state-owned entity, as long as it can deliver. Most importantly, JD does not necessarily impact adversely the 2016 arbitral ruling and the Philippine sovereignty and sovereign rights position on the WPS. The Philippine service contract (SC) system may offer a solution for both countries and can accommodate a JD. This approach to JD can enhance the country’s energy security, create jobs, promote technology and knowledge transfer, and contribute in dispute management. Continue reading “Joint Development in the West Philippine Sea: an Idea Whose Time Has Come”
Trump to Ramp Up Trade Restraints on China
WASHINGTON—The White House is preparing to crack down on what it says are improper Chinese trade practices by making it significantly more difficult for Chinese firms to acquire advanced U.S. technology or invest in American companies, individuals involved in the planning said. Continue reading “Trump to Ramp Up Trade Restraints on China”
New Players, Ideas, and Arrangements: The Quest to Counter-balance China
by Philip Vincent Alegre/ March 16, 2018/ Originally Posted at APPFI
In November of last year, the world witnessed the US put forward new rhetoric in its foreign policy toward Asia. US President Donald Trump, towards the end of his 12-day five nation Asia tour, departed from usual US language and started referring to an “Indo-Pacific” region instead of “Asia Pacific”, a move which did not go unnoticed by analysts and observers in the region. Continue reading “New Players, Ideas, and Arrangements: The Quest to Counter-balance China”