Tag Archives: TPP

China’s Economic Diplomacy Since 2012: Focusing on the Asia Pacific Region
The past two years witnessed the Chinese leadership enunciating a “Chinese Dream” visions for the nation and offering to share the prospects of prosperity and stability with the entire Asia Pacific region and beyond.
Maturing China-U.S. Ties to Breed Breakthroughs
Despite its serious concern about information security, the US displayed more impressive diplomatic courtesy than in previous sessions, helping the two sides to build trust, reduce suspicion, and restore collaboration. That contributes to a constructive atmosphere for the upcoming summit meeting of the two countries’ leaders.
How to Avoid a Sino-American War
The U.S.-China Strategic Dialogue, the seventh of its kind, will take place soon amidst an increasing rivalry between the two countries. Ensuring stable peace and continued prosperity in the Asia-Pacific region will require both countries to replace their self-serving interpretations of the other’s strategic intentions with more sober assessments.
Behind the Trans-Pacific Partnership Talks
Despite obstacles, the White House continues to push preferential trade deals in Asia and Europe. But neither can reverse the erosion of U.S. innovation and in Asia Pacific the proposed pact is more likely to divide than unify the region.
Trade Promotion Authority
With trade deals on the horizon, President Obama has asked Congress to grant him trade promotional authority, also called fast track, to ‘‘write the rules for the world’s economy.’’ This measure would allow the President to pass sweeping trade partnerships without the input of the American people through their elected representatives in the normal process.
What Is New in the US DOD’s Report on China’s Military
This year’s analysis unreasonably suggests China has abandoned the non-confrontational approach of Deng Xiaoping’s 24-character guideline. The drumbeat of repetitiously negative reports from the Pentagon, despite applauding the growing cooperation between the two countries’ militaries, more often than not hurt the goodwill and hope of the Chinese people and its army to improve China-US relations.
A Deeply Flawed Partnership
The Trans-Pacific Partnership (TPP), with congressional approval, is primed to have “fast track” status to avoid public debate. The TPP would provide new incentives to send jobs abroad, increase corporate earnings, remove protections from both overseas and U.S. environments and workers; supporters argue that it is necessary to “outflank” China.
Asia Games: Not Zero-Sum
Comparing the world’s two largest economies by “who’s on top” analysis is the wrong way view U.S. and Chinese leadership, and can even be a barrier to sensible policy, like IMF quota reform. The rules of the game now require a larger and more equal share in the governance of the international institutions.
American Exceptionalism and the AIIB Debacle
Over the past two years, Washington has lobbied against the China-led Asian Infrastructure Investment Bank. Now, nearly 50 countries have joined or applied to become prospective founding members. Dan Steinbock argues that the U.S. opposition reflects a deeper challenge – that of adjusting American exceptionalism into the era of a multipolar world economy.
America Needs More Domestic Consensus on Issues in the International System
The U.S. Congress’ inability to pass fair IMF reforms is partly responsible for China’s creation of the Asian Infrastructure Investment Bank (AIIB). While the U.S. is not at the center of this newly created institution. America still has time to develop the consensus in Congress to strike a balance between America’s leadership in the international system and the demand of others to have enough space, not only to survive in the system, but also to prosper.
Time’s Ripe for China, U.S, to Optimize the Asia-Pacific Economic and Security Structure
Economic and security structures in the Asia-Pacific region have shown a trend of changes towards the “dual-track structure” between U.S.-led allies and Chinese-led allies. It is imperative for China and the U.S. to optimize strengthen their complementary features, rather than maintain a bipolar and competitive nature, so as to ensure development and security in the Asia-Pacific region. Zhai Kun provides four suggestions to achieve this.
Seize Initiative in World Order Reshaping
The current international situation is rife with change, uncertainty and crisis in the Middle East, Asian Pacific, and Europe, largely due to shifting world power. Chen Xiangyang overviews changes and contradictions around the globe from a realist perspective on power relations.
A Decade of China-U.S. Currency Friction?
The controversial issue of “currency manipulation” has resurfaced. However, Washington and Beijing have very different perceptions about the identity of the “currency manipulator.” The net effect is currency friction that is likely to prevail until the 2020s.
Canada and Australia in Asia-Pacific: Walking the Walk or Talking the Talk
Asian states will look at potential partners around the Pacific Rim and determine if they are ready to walk the walk or simply talk the talk. So far the lesson of Canada and Australia is that walking the walk requires sustained, strategic commitment, but has a big potential payoff. Australia has been taking concrete steps to solidify its relationship with Asia; Canada has been talking about it, and is only now starting to put into place an engagement program with substance.
Overblown Hype over China-U.S. Trade Rivalry in Asia
While the TPP is not attractive to several APEC economies because of its U.S. dominance, the proposed FTAAP, which embraces all of the 21 APEC economies, is meant to be an all-inclusive, all-win trade initiative that represents the largest single trade liberalization in history.
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