Beijing is pursuing alternative cross-border payments channels built upon central bank digital currencies as a way to erode the dominance of existing arrangements that rely heavily on the U.S. dollar and U.S.-regulated entities.
Chinese mining conglomerates sought to adapt to local conditions by forging alliances with the Ecuadorian national government. But these Chinese efforts to leverage local players undercut and divided Indigenous opposition in unsustainable ways that have backfired.
The impact of Evergrande has caused financial distress to spread faster and more forcefully than Beijing’s financial regulators expected, putting pressure on them to move quickly to stop the contagion. But they cannot rescue Evergrande’s creditors without also undermining their fight against bad debt.
The U.S.-China trade war hasn’t brought major economic wins to either country. For the United States, it may be time to focus on economic policy at home first.
Join us for a conversation on Elbridge A. Colby's debut book The Strategy of Denial on the future of the United States’ defense strategy against China's growing power.
China has announced that the political ideology of its president, Xi Jinping, will now be taught in schools from elementary through the university level.
The fisheries sector has gradually become a central geopolitical issue in the Indo-Pacific.
Unlike other major financial markets, Mainland China is home to many mixed conglomerates that control a range of large financial and non-financial firms.
Defence Secretary Austin struck the right note during his visit to Southeast Asia by not following the Trumpian playbook of denouncing China at every turn, but instead promoting positive relations with the region for their own sake.
Chinese-funded railway projects in the Brazilian Amazon were profoundly shaped by dynamic institutional learning on both sides and sharp public debates in Brazil about environmental sustainability.