Tag Archives: TPP

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.
Eurozone’s Collapse: China’s Geopolitical Nightmare?
A Greek exit from the EU would lead to increased instability in Europe. Yet, it may present opportunity for China, the U.S. EU, and IMF to engage together in a summit to safeguard the stability of the Eurozone and shape a global norm on tax evasion and tax heavens that have adversely affected insolvent states like Greece.
Obama’s Legacy and Sino-US Relations
President Obama’s sixth State of the Union (SOTU) address was heavy on domestic policy and light on foreign policy. The president did not talk much about recent progress in the US-Chinese relations. Instead, he focused on the urgency to complete the U.S.-led Trans-Pacific Partnership (TPP) agreement – without China. There is a reason to the omission and the focus: the Obama White House is increasingly concerned over its legacy.
Obama Takes A ‘Cheap Shot’ at China in SOTU Speech
The “Pivot to Asia” policy has been primarily driven by cold war and military conceptions of containing China’s rise. President Obama’s recent State of the Union speech kept with a distinctly American theme of soft-imperialism with mention of “writing the rules” to free trade agreements in Asia, instead of acknowledging China’s own sovereignty.
Social Mistrust and Political Tension in US Investments in China
As policymakers and pundits are excited about increased openness to American investments in China in the future, social and political tensions that grew with America’s investments in China in the past fifteen years, however, are little noted, and especially not recognized is the role that China’s diaspora played in FDI.
Twin Peaks in Sino-US Relations 2015-2020
In 2013, the Sino-US relations ended with concern over strategic mistrust. In 2014, bilateral relations were characterized by a sense of optimism. While bilateral trust may endure through the Obama era, challenges will ensue thereafter.
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