Having articulated in 1946-1947 America’s strategy to contain Soviet expansion, George F. Kennan in the mid-1950s warned Washington not to engage in a self-fulfilling prophecy when dealing with Stalin’s successors. Make no mistake, he warned, if Washington treats the Kremlin’s new leaders as if they are inexorably committed aggressive policies, they will have no [...]
China’s State Council’s approval of the Wenzhou Comprehensive Financial Reform pilot zone on March 28 marks a breakthrough in both private lending and private out-bound investment. Although details of its regulations are still in the making, the general trend is already set. The most significant point of this policy is the opening up of individual [...]
The standoff between China and the Philippines over Huangyan Island has lasted for nearly a month and there are no signs of a compromise. Compared to other conflicts in the South China Sea region in recent years, this one is quite different and has the potential to escalate. The major difference is that the Philippines [...]
On April 10th China and the Philippines became embroiled in a naval standoff in disputed waters in the South China Sea. The standoff occurred when the Philippine Navy frigate, BRP Gregorio del Pilar, was sent to investigate the sighting of eight Chinese fishing boats at Scarborough Shoal 124 nautical miles west of Luzon. On arrival [...]
The fourth round of the Strategic and Economic Dialogue (S&ED) has successfully concluded with 67 key points. These agreements cover a wide range of issues, bilateral, regional and global, which eloquently shows that China and the United States share overlapping interests and responsibilities in meeting regional and global challenges. Some of the agreements have enriched [...]
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