Carnegie Endowment for International Peace
Outside national capitals, Chinese players are engaging local actors, from mayors, to community groups, to faith-based organizations in dynamic ways. This, in turn, is both entrenching China’s influence and compelling Chinese actors to adapt to and meet local demands.
Beijing sees the Ukraine crisis as its opportunity to gain influence over financial markets.
Even though the U.S. economic role in Asia is growing in absolute terms, it is receding in relative terms, which means that, to lead, Washington should be leaning harder on the other traditional pillar of its economic leadership, which was to be a rule writer and standard setter.
Three months after the Biden-Xi summit, the two sides’ divergent framings of the bilateral relationship are hindering progress.
A year into the Biden administration, the U.S.-Taiwan trade relationship has experienced only modest gains, not the broader negotiated agreements for which many in the United States and Taiwan have long hoped. How can officials ensure the economic relationship reaches its potential?
As traditional forms of cooperation struggle to keep pace with geopolitical and technological transformations, the EU will have to do more to maintain its economic power and technological independence.
A lively discussion of powerful similarities and intriguing differences across four regions—Southeast Asia, Latin America, Central Asia, and South Asia—and what can be learned by comparing local strategies and Chinese responses around infrastructure, investment, and training.
Tourism and manufacturing are rebounding after coronavirus-related disruptions, but the recovery is fragile.
A global rethink of supply chains means that some economies will have opportunities to attract investment, build out new industries, and diversify their growth drivers. Taiwan is positioned to benefit from these shifts, but requires policy changes and technology investments to fully take advantage.
While this Chinese engagement in South Asia often targets the needs of specific countries, even states with relatively robust state institutions and civil society struggle to grapple with the implications of China’s expanded footprint.