China’s declining GDP has sent shockwaves through the financial sector as analysts begin to question China’s long-term economic strategy. As Minxin Pei points out, “zombie firms,” or companies primarily supported through bank loans and government subsidies, are complicating China’s sustained growth. By eliminating these firms and instituting reforms, China can bolster innovation and ensure the opening of its economic markets.
The state of security in Northeast Asia will be counteractive to the state of Sino-US relations. Thus, increased cooperation in Northeast Asia will also provide a favorable opportunity and important platform to cultivate a new type of relations between China and the United States.
The victory of Nawaz Sharif and the Pakistan Muslim League (PML) – Pakistan is likely to be more focused on economic development in the future, thanks to the transformative campaign of Imran Khan and his Tehrik-e-Insat (PTI) party. That, in turn, has substantial implications over U.S. and Chinese interests in South Asia.
From nationalizing disputed territory to visiting controversial war shrines and justifying the egregious treatment of women in wartime, aggressive actions and over-the-top statements by Japanese politicians will only exacerbate future problems between China and Japan.
The close timing of visits to China by Israeli and Palestinian leaders renewed hope for peace in the Middle East. While the US has played the dominant role in past negotiations, Wu Sike argues the international community can benefit from cooperation on the issue by China and the US.
As the United States continues its rebalance toward the Asia-Pacific, Southeast Asian nations continue to rely upon US influence and military strength to counterbalance China. However, China’s regional power continues to grow and the economic incentives for aligning with China far outweigh those pushing nations toward the US.
Recently, US foreign policy experts have argued that China’s military power presents major implications for the US and Japan’s ability to maintain regional stability. However, Stephen Harner argues the US and Japan must recognize the changing geopolitical landscape in the Asia-Pacific and recognize the dangers of the current security order.
The timing of Palestinian President Mahmoud Abbas and Israeli Prime Minister Benjamin Netanyahu’s visits to China is of great significance, sparking the interest of the international community, especially as hopes to renew the Middle East peace process emerge. As Li Shaoxian explains, success can only come through the cooperation of China and the US.
In a speech delivered at the Tokyo Institute of Technology on April 15th, US Secretary of State John Kerry spoke of America’s “Pacific Dream”. However, a looming question remained. What does the “Pacific Dream” of the US mean for Xi Jinping’s China dream?
Greenland believes its ticket to prosperity is the wealth of minerals and rare earths below its slopes. Jonas Parello-Plesner discusses the potential for China’s investment to turn Greenland into a successful resource economy.
ASEAN must stop its members from fanning trouble to ensure ties between China and Southeast Asian countries prosper.
25th January 2013
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