Q&A
Matt Ferchen
{
"authors": [
"Matt Ferchen"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace",
"Carnegie China"
],
"collections": [
"U.S.-China Relations",
"China’s Foreign Relations"
],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie China",
"programAffiliation": "",
"programs": [],
"projects": [],
"regions": [
"North America",
"United States",
"East Asia",
"China"
],
"topics": [
"Economy",
"Climate Change"
]
}
Source: Getty
In The Media
Roundtable: What to Expect in 2017
China will be incentivized to adopt a growing leadership role in international trade and climate change negotiations in 2017 if the United States pursues more inward-looking policies under Trump.
By Matt Ferchen
Published on Jan 3, 2017
Source: China Dialogue
China Dialogue: What are the key environmental issues and challenges to look out for in the next year? The past year has witnessed unexpected and destabilizing political events that could have serious implications for international relations and climate action in 2017. We asked four experts what they think the key issues are to look out for in the year ahead.
Matt Ferchen: Amidst a year of international political upheaval in 2016, China may appear a relative bastion of calm. In fact, given the decided turn away from international openness and cooperation by the United Kingdom and the United States, China has sought to position itself as a leader on such issues as trade and climate cooperation. Yet 2017 is likely to bring major challenges for China that will make any efforts to take a leadership position, including among developing countries, an uphill struggle.
On trade, China will certainly continue to try to fill the vacuum created by an increasingly inward looking United States under a President Trump, yet China’s own trade surplus and its continuing problems with industrial overcapacity leave China exposed to increasing trade frictions. In its trade relations with developing countries in places like Latin America, Africa, and Southeast Asia, China will find it difficult to change the commodities-for-manufactures structure that increasingly worries its trade and diplomatic partners in the global south.
Similarly, on climate change China will certainly seek to promote its own brand of leadership especially if President Trump backs out of American global commitments and bilateral initiatives with China. Yet domestically China’s own environmental challenges only continue to grow and its extractive industry and infrastructure-led ties to developing countries as geographically diverse as Peru and Myanmar will continue to pose challenges for host governments and civil societies in those countries.
2017 is thus likely to expose a gap between rhetoric and reality in China’s ongoing evolution as a global power.
This piece was republished with permission from China Dialogue.
About the Author
Matt Ferchen
Former Nonresident Scholar, Carnegie-Tsinghua Center for Global Policy
Ferchen specializes in China’s political-economic relations with emerging economies. At the Carnegie–Tsinghua Center for Global Policy, he ran a program on China’s economic and political relations with the developing world, including Latin America.
- How China Is Reshaping International Development
- Why Unsustainable Chinese Infrastructure Deals Are a Two-Way StreetArticle
Matt Ferchen, Anarkalee Perera
Recent Work
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.
More Work from Carnegie Endowment for International Peace
- How Le Pen Benefits from the Stalemate in UkraineCommentary
The domestic impacts of how long it is taking to end the war in Ukraine have pushed the French electorate to the political extremes and compromised the country’s diplomatic capacity.
Rym Momtaz
- Squandering Attraction: How the Second Trump Administration is Undermining American Soft PowerPaper
Soft power on its own is insufficient to meet U.S. national security needs, but hard power also has its limits. Soft power allows for more effective and efficient use of hard power than hard power alone, as it encourages cooperation and compliance which deters the need for hard power.
Sarah Yerkes
- Battery Ecosystems: A Comparative Analysis of Lithium-Ion Tech PolicyResearch
A deep dive into the policy ecosystems behind battery development in China, South Korea, Japan, the European Union (including some of its member states), the United States, Canada, and India.
- +5
Milo McBride, Herbert Crowther, Darcie Draudt-Véjares, …
- How the Israel Lobby Distorts U.S. Foreign Policy and Domestic LibertiesCommentary
In an interview, Ian Lustick and Eli Clifton discuss their new book on why a prominent ally has so much influence in America.
Michael Young
- The Plaza Accord and Its Relevance for ChinaCommentary
The Plaza Accord was not an externally imposed punishment of Japan but part of a broader restructuring that Japanese economists and policymakers themselves recognized was necessary. Its effects were undermined, however, when Tokyo responded to the resulting slowdown with policies that exacerbated investment, credit expansion, and the very imbalances the adjustment was intended to resolve.
Michael Pettis
