Another U.S.-China Summit: An Opportunity to Be Grasped
Mar 27, 2015
President Xi Jinping will visit Washington D.C. in September, providing an essential opportunity for the two leaders to openly discuss bilateral relations, investment, and global issues. David Shambaugh calls on Chinese leaders to engage in action over slogans, and for each side to share their perceptions of the strategic intentions of the other; false perceptions must be discussed and refuted in order to reinvigorate mutual trust.
China to Open Space Station in Argentina
Mar 26, 2015
The first Chinese space station outside of its territory will open in Argentina in 2016 – a logical place for a satellite communication station located on the opposite side of the globe as China. Notably, China and Argentina have strengthened bilateral relations over the past few years through increased trade and loans. While the U.S. has historically remained out of favor, this development has alerted some U.S. officials.
The Maritime Silk Road— 1405 and 2013
Mar 27, 2015
In October 2013, during a visit to Indonesia, Chinese President Xi Jinping announced the launching of the New 21st Century Maritime Silk Road, just one month after announcing the New Silk Road Economic Belt, while on a visit to Kazakhstan. These two initiatives, followed in 2014 by the plan to put together the BRICS New Development Bank and China’s establishment of the Asian Infrastructure Investment Bank that Fall, constitute a new paradigm for mankind.
            
Finance & Economy
Will Chinese Currency Policies Change Directions After An Interest Rate Cut?
Mar 27, 2015
The Chinese central bank just announced that it will cut interest rates, but the market is more concerned about whether this means China is officially in the sweeping global game of quantitative easing. The Chinese central bank is now in a monetary policy dilemma: It is neither willing to embark on the track of excessive quantitative easing, nor ready to tighten currency policies. Instead, it is returning to neutrality, which doesn’t mean an orientation change in its monetary policies.
Peace & Security
China’s Anti-Terrorism Law Is Nothing to Worry About
Mar 25, 2015
China’s new anti-terror laws are in response to changing transnational terrorist networks and are intended to designate agencies responsible for anti-terror activities while defining the obligations of the state, society, enterprises, and individual citizens. U.S. IT companies are concerned that increased security and oversight will affect business operations, but Fu Xiaoqiang reminds that this is not unseen in U.S. law either.
Peace & Security
Impacts of China’s New Counter-Terrorism Law on Sino-U.S. Relations
Mar 25, 2015
China’s controversial new anti-terrorism law would require foreign companies to install “backdoors” to give authorities remote access to computers and networks, and has been placed under review due to Western concerns. Since China still has to rely on foreign technology in the immediate future, the law might have been used to tell the United States government not to engage in what Beijing called “reckless behavior,” or to further expose U.S. hypocrisy in its own cyber espionage practices.
Finance & Economy
Major Challenges Facing China’s Economy in 2015
Mar 18, 2015
Despite China’s remarkable growth, the property market still faces the challenges of consolidation, industrial overcapacity, financial risk, deflationary risk, and structural employment issues. In response the government will adjust to the economy’s “new normal” of slower growth, move toward an innovation based economy with more public goods and services, and pursue a proactive fiscal economy and a prudent monetary policy.
Culture & History
For A Real Cross-Cultural Connection, Look to Art
Mar 25, 2015
Hannah Lincoln describes the initial challenges of understanding Chinese political opinions and forming an identity as a U.S. citizen living in China. After reading and imagining Bei Dao and Li Tuo’s experiences in The 70s《70年代》a sense of shared spirit was stirred. Art, literature, and cinema are the entry points to a meaningful relationship and understanding of China.
Foreign Policy
Athens’ Long Walls and China’s A2AD Securitization
Mar 20, 2015
The question of Thucydides trap has become a classic in Sino-US relations to explain the rising military securitization. For the past five years China has attempted to develop state-of-the-art A2AD capabilities to secure its periphery, and the U.S. has called for a maritime version of NATO to ensure U.S. conventional offensive advantage over China. Trigkas argues the relevance of Thucydides today in teaching that we must utilize the creative forces of humans towards the Epicurian or the Confucian Good life and not towards supremacy.
Finance & Economy
African Integration: A New Opportunity for China-US Cooperation
Mar 19, 2015
In 2015, much emphasis has been placed on a partnership between the African Union and China in order to accelerate the construction of the three major networks to help materialize the “century dream” of connecting all capital cities in Africa with high-speed railways. African economic integration calls for not only consensus and impetus from African countries, but also external investment to drive the process.
Peace & Security
Terrorism, Surveillance, and Hypocrisy
Mar 19, 2015
U.S. companies and leaders have criticized China’s new counter-terrorism law for its increased surveillance mechanisms. Yet, the U.S. government cannot claim the moral high ground when it blatantly violates the rights enshrined in its own constitution. A serious challenge to state surveillance will not come from other states; it must arise from China’s own citizenry.