But their "principal to principal" model will only be as effective as the political strength of each leader back home.
Damien Ma
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Key Conclusions:
“America and Europe need to look at Russia as an emerging capitalist society rather than a failed democratic polity. They would understand Russia better if they used the vocabulary of practical economics rather than of political science,” writes Trenin. “They would have no more sincere friends in Russia than people wishing to do business with the West….This won’t make dealing with Russia always a pleasure, but it will make for a much more predictable and productive future.”
###
Notes:
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
But their "principal to principal" model will only be as effective as the political strength of each leader back home.
Damien Ma
U.S. unpredictability has allowed China to capitalize on its positioning as the “responsible great power”. Paradoxically, the more China wins the perception game, the more likely expectations will rise for Beijing to deliver not just words but to demonstrate with its deeds.
Chong Ja Ian
Hanoi and Beijing have long treated each other as distant cousins rather than comrades in arms. That might be changing as both sides draw closer to hedge against uncertainty and America’s erratic behavior.
Nguyễn Khắc Giang
Across Asia, China is better positioned to withstand energy shocks from the fallout of the Iran war. Its abundant coal capacity can ensure stability in the near term. Yet at the same time, the country’s energy transition away from coal will make it even less vulnerable during the next shock.
Damien Ma
Malaysia’s chairmanship sought to fend off short-term challenges while laying the groundwork for minimizing ASEAN’s longer-term exposure to external stresses.
Elina Noor