{
"authors": [
"Akio Kawato"
],
"type": "commentary",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace",
"Carnegie Russia Eurasia Center"
],
"collections": [],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Russia Eurasia Center",
"programAffiliation": "",
"programs": [],
"projects": [],
"regions": [
"East Asia",
"China",
"Japan",
"Russia",
"Eastern Europe",
"Ukraine"
],
"topics": [
"Political Reform",
"Security",
"Global Governance",
"Foreign Policy"
]
}
Source: Getty
The Ukrainian events develop rapidly with a great sense of alarm; it not only involves danger of terrorism in Moscow, but also entails a big risk for East Asia. The main question now is who would be ready to take charge of the situation.
I am now in Moscow by chance and watch how things rapidly develop around Ukraine with a great sense of alarm; it not only involves danger of terrorism in Moscow, but also entails a big risk for East Asia. Seeing that the hands and the eyes of the big powers are tied to Europe and the Middle East, the big brother in East Asia may well feel tempted to embark upon military adventures vis-à-vis its neighbors. Therefore, before Russia, Ukraine, and the West become totally overwhelmed by their negative emotions and stereotypes to each other; let us make some effort to find out the real picture in Ukraine.
The whole game started with President Viktor Yanukovych’s mal-calculated and ill-performed game to obtain easy money from the EU with signing of the Association Agreement as bait. The EU did not give in, and then Yanukovych flip-flopped toward Russia, thus awaking the opposition movement. Those Ukrainian oligarchs, the sponsors of Yanukovych’s government (Ukraine is like Russia in mid 1990s, where oligarchs monopolized politics), probably did everything to insure their power against the liberals. It may be they who facilitated the recruitment of the “rightists” from all over Ukraine. The rightists are known for their anti-Semitism and strong Russophobia, so if they mingle with the liberals, the opposition movement as a whole would be discredited in the eyes of both Russia and the West.
Now the rightists have gone out of control of their sponsors; they stay in the capital, looking for means for survival and enrichment. To make themselves noticed they play a strongly anti-Russian card. The harsher their tone becomes, the more alarmed the Russians feel; they have been integral and legitimate part of the Ukrainian society. Yanukovych’s reckless act has thus awoken all ethnic emotions and greedy calculations in Ukraine, throwing this country into an abyss of anarchy.
And then a question arises; who’d be ready to take charge of it? Is the EU really ready to take care of the Western half of Ukraine and the Crimean Tatars, if they desire to segregate from the Russian part? Are the Ukrainian oligarchs ready for division of their country into parts? Will the people of Ukraine really want it? I believe that the West and Russia should cooperate to reestablish the old or a new status quo with IMF’s help. Japan may well take part in it (indeed she took a substantial part in the previous undertaking), and China, which is not fond of “separatism” by default, may take part, too.
Emotions and stereotypes should not prevail. The stakes are high. Any politician who plays on the situation will be held accountable at next elections, or even in history.
Akio Kawato
Writer
Akio Kawato is a former Japanese diplomat and blogger.
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.
China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.
Michael Pettis
Chinese biotech companies have been on the receiving end of U.S. economic coercion. Yet their responses have differed significantly because firm and state interests are not uniformly aligned. For Washington, treating all Chinese tech firms the same, irrespective of their actual interests, risks pushing them farther into Beijing’s corner.
Xue Gong
China’s latest energy plan explicitly calls for integrating data centers into the electricity system, particularly connecting them to green energy. It appears Beijing wants to use compute as a source of domestic demand to absorb renewables excess capacity.
Damien Ma
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