Carnegie Endowment for International Peace
The China-Greece relationship is characterized by a contrast between the growing negative perception of the Greek public opinion toward Beijing’s presence in the country and a Chinese media assessment consistently praising the “Sino-Greek engagement over long-term Chinese investment.”
In the very short term, the negative effects of this somewhat disorderly transition will remain most visible. However, it is difficult to distinguish between what is caused by official measures, and how much is a repercussion of the global energy shortage, reflected in price rises for coal and LNG.
Though Moon’s efforts toward securing inter-Korean peace have received the most publicity, the New Southern Policy to advance ties with India and the Association of Southeast Asian Nations has arguably sustained more momentum than any of the administration’s other flagship foreign policy initiatives.
Experts weigh in on whether the United States is too hostile toward China.
Chinese firms are adapting to an ever-changing business environment as Central Asian leaders and citizens demand more local job creation, value-added industry, and opportunities for skills and advancement.
Chinese leaders know that they want to discontinue the country’s existing growth model, but they haven’t yet landed on what the sustainable alternatives are. Beijing’s new common prosperity policy will only help shift domestic demand at the margins, but a full-fledged rebalancing will require a more radical transformation.
China’s presence has brought socioeconomic opportunities to Georgia, Greece, Hungary, and Romania. Yet it has exacerbated governance shortfalls, undermined elements of political and economic stability, and complicated the European Union’s ability to reach consensus on key issues.
Bangladesh, Maldives, Nepal, and Sri Lanka showcase the diversity of China’s engagement strategies in a very multidimensional region but also make clear that influencers across South Asia are learning from each other’s experiences with Chinese money and power.
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.
The AUKUS move is likely to drive Europeans even more deeply into passivity when it comes to Indo-Pacific security matter.