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1. Navigating the Belt and Road Initiative Recommendations to ensure beneficial and sustainable BRI outcomes

Author:
Daniel R. Russel and Blake Berger
Publication Date:
06-2019
Content Type:
Special Report
Institution:
Asia Society
Abstract:
Launched in 2013, China’s Belt and Road Initiative (BRI) is a highly ambitious development effort that would sew together infrastructure projects across more than 70 countries. Estimated to comprise of more than USD $1 trillion in Chinese investment, the BRI is arguably China's broadest economic engagement effort with the rest of the world — enhancing its connectivity through Southeast, South, Central, and West Asia; Africa; Europe; and South America. The Asia Society Policy Institute project – Navigating the Belt and Road Initiative – examines BRI with the aim of setting forth actionable recommendations for how China and partner countries can help ensure that BRI projects yield beneficial and sustainable developmental, economic, environmental, civic, and social outcomes. The project includes a report by the same name, which is available for download below, as well as an interactive visualization of 12 recommended practices and their specific implementation steps, intended outcomes, and relevant Chinese and international precedents. (For interactive content see: https://asiasociety.org/policy-institute/belt-and-road-initiative)
Topic:
Development, Diplomacy, Soft Power, Belt and Road Initiative (BRI), Investment, and Economic Diplomacy
Political Geography:
Africa, China, Europe, South Asia, Central Asia, Asia, South America, Southeast Asia, and West Asia

2. U.S.-China 21 The Future of U.S.-China Relations Under Xi Jinping

Author:
Kevin Rudd
Publication Date:
04-2015
Content Type:
Special Report
Institution:
Asia Society
Abstract:
The future relationship between China and the United States represents one of the great mega-changes and mega-challenges of our age. Unlike other such changes, the consequences of China’s rise are unfolding gradually, sometimes purposefully, but most of the time imperceptibly while the world’s attention is drawn to more dramatic events elsewhere. With the rise of China, we are observing the geopolitical equivalent of the melting of the polar ice caps. Slowly the ice thins, cracks appear and one day a large sheet of ice spectac- ularly peels away. If captured on camera, the world momentarily sits up and pays attention before CNN returns our gaze to the drama of the Islamic State of Iraq and the Levant’s most recent atrocity.
Topic:
International Relations, International Cooperation, and International Affairs
Political Geography:
China and America

3. High Tech: The Next Wave of Chinese Investment in America

Author:
Daniel H. Rosen and Thilo Hanemann
Publication Date:
04-2014
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
WHILE CHINA STARTED INVESTING AROUND THE WORLD in the early 2000s, the first waves of Chinese overseas investment targeted mostly extractive mining activities in developing countries and resource-rich advanced economies such as Australia and Canada. Over the past five years, however, Chinese capital has begun to flow into non-extractive sectors in advanced economies, increasingly targeting technology- and innovation-intensive industries. Initially, the surge of Chinese outward foreign direct investment (OFDI) in the United States largely responded to opportunities in energy and real estate, but access to technology and innovation is now becoming an important driver. In the first quarter of 2014 alone, Chinese investors announced high-tech deals worth more than $6 billion, including the takeovers of Motorola Mobility, IBM's x86 server unit, and electric carmaker Fisker.
Topic:
Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
China, America, Canada, Asia, and Australia

4. Avoiding the Blind Alley China’s Economic Overhaul and Its Global Implications

Author:
Daniel H. Rosen
Publication Date:
10-2014
Content Type:
Special Report
Institution:
Asia Society
Abstract:
DURING THE PAST THREE DECADES, perhaps no country has turned in an economic performance as impressive and transformative as China’s. China has emerged as the world’s second largest economy and its greatest exporting nation, accumulating huge trade surpluses, vast foreign currency reserves, and enormous influence on the global economy. Despite all the attention that policymakers, business executives, and scholars have paid to China’s economic rise, much debate surrounds China’s future growth prospects. For their part, President Xi Jinping and the new generation of Chinese leaders responded to the risk of a major economic slowdown by announcing a far-reaching reform campaign at the Chinese Communist Party’s Third Plenum in November 2013. If Beijing shifts direction along the lines it has announced, the behavior of Chinese companies, government agencies, and individual members of society is likely to change in remarkable ways – and thereby create opportunities for the rest of the world. Should the reform program stall, the effects will be just as profound. Either way, China’s new policy design, and its success or failure in achieving it, will have a major influence on the international economy and stability and security in Asia and beyond. With so much at stake, and an outcome that is far from certain, there is an evident need for greater clarity about what the reform program consists of, how it is progressing, and what it means for policy and business.
Topic:
International Trade and Finance and Global Political Economy
Political Geography:
China

5. High Tech: The Next Wave of chinese investment in America

Author:
Thilo Hanemann and Daniel H. Rosen
Publication Date:
04-2014
Content Type:
Special Report
Institution:
Asia Society
Abstract:
it became evident that the world was on the cusp of a significant shift in patterns of global foreign direct investment (FDI). China, which had been a major recipient of inflows from the developed world, was poised to become a more active investor in mergers, acquisitions, and greenfield projects abroad. Therefore, the Asia Society undertook the first of a series of studies to map this shift and to suggest how these new investment flows, might benefit the United States while also enhancing U.S.–China relations. The first study, An American Open Door? Maximizing the Benefits of Chinese Foreign Direct Investment (2011), was written by Rhodium Group’s Daniel H. Rosen and Thilo Hanemann (as were subsequent joint efforts). It examined Chinese investments in the United States, prospects for their growth, potential benefits and risks, and obstructions to even greater flows in the future. Our conclusion was that flows of Chinese capital into the United States—the most open and vibrant economy in the world—were on the precipice of growing dramatically. We also concluded that in spite of political concerns, the United States had much to gain by encouraging even greater inflows from China.
Topic:
International Political Economy and Science and Technology
Political Geography:
China and America

6. Orville Schell: 'A Dream for a Strong and Respected China'

Author:
Orville Schell and John Delury
Publication Date:
07-2013
Content Type:
Video
Institution:
Asia Society
Abstract:
New York, July 16, 2013 - China scholars Orville Schell and John Delury discuss how the "Chinese Dream" has evolved to encompass facets of the American Dream while still retaining a traditional, communal character as regards acquiring wealth. (1 min., 45 sec.)
Topic:
Communism, Development, Economics, and International Trade and Finance
Political Geography:
China, New York, East Asia, and Asia

7. Delivering Environmentally Sustainable Economic Growth: The Case of China

Author:
Junjie Zhang
Publication Date:
09-2012
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
China has achieved miraculous economic growth over the past 30 years to become the world's second largest single-country economy. The economic boom is attributed to China's market-oriented reforms, which prioritize economic growth. However, growing the gross domestic product (GDP) at any cost has created a series of social and environmental problems. Consequently, China's economic losses due to pollution and environmental degradation accounted for 10.51 percent of gross national income in 2008, according to the World Bank.
Topic:
Climate Change, Development, Environment, and Industrial Policy
Political Geography:
China

8. Central Asia's Crisis of Governance

Author:
Philip Shishkin
Publication Date:
01-2012
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
Located in a strategically important neighborhood amid China, Russia, Afghanistan, and Iran, and sitting atop vast deposits of oil, gas, gold, and uranium, post-Soviet Central Asia is home to some 50 million people living in five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan . For centuries, the region has drawn the attention of the world's superpowers as they seek leverage over their foes, access to natural resources, or a base from which to influence adjacent regions . For just as long, the societies of Central Asia have been beset by lackluster and often abusive rule, first by warring and insular feudal chiefs, then by colonial conquerors from Russia, and then by their Soviet successors .Since gaining independence from the Soviet Union 20 years ago, the five Central Asian republics have struggled to find viable governance models and to place their economies, long moored to Moscow, on stable footing.
Topic:
Corruption, Development, Human Rights, Islam, Governance, and Self Determination
Political Geography:
Afghanistan, Russia, China, Iran, Central Asia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, and Turkmenistan

9. A Roadmap for U.S.-China Collaboration on Carbon Capture and Sequestration

Publication Date:
11-2009
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
Global greenhouse gas emissions are fast approaching unsustainable and alarming levels . There is broad consensus that these emissions, caused primarily from the burning of fossil fuels, have led to global warming. it is increasingly evident that maintaining the current trajectory of greenhouse gas emissions poses wide-ranging and potentially catastrophic risks to natural systems and human welfare . it is also clear that an unprecedented level of global cooperation will be necessary to successfully confront the immense challenge of reversing the effects of climate change.
Topic:
Climate Change, Development, Energy Policy, Environment, Bilateral Relations, and Natural Resources
Political Geography:
United States and China

10. Leslie Gelb on American Foreign Policy

Author:
Nermeen Shaikh
Publication Date:
06-2007
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
Leslie Gelb is currently President Emeritus of the Council on Foreign Relations. He was previously a correspondent and editor at the New York Times. In this extensive interview with Nermeen Shaikh at Asia Society, covering Iraq, Iran, the rise of China, and the new constraints on US power, Dr Gelb explains why he was initially in favor of a three-state partition of Iraq, and his advocacy now of a decentralized, federal state structure. He elaborates on his subsequent work with Senator Joe Biden on a plan for Iraq. In responding to a question about Russia, Dr Gelb says that the proposed US missile defense system is "nonsense", and on the issue of Iran's nuclear program, Dr Gelb insists that talks are essential and that the military option cannot be ruled out.
Topic:
Foreign Policy
Political Geography:
Russia, United States, China, Iraq, New York, Iran, Middle East, North Korea, and Latin America