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Begin New Search Topic Bilateral Relations Political Geography China

11. Eyes wide open: Managing the Australia-China Antarctic relationship

Author:
Anthony Bergin and Tony Press
Publication Date:
04-2020
Content Type:
Special Report
Institution:
Australian Strategic Policy Institute
Abstract:
Given recent broader tensions in the China–Australia relationship, China’s global ambitions, lack of progress on key Antarctic policy initiatives and the potential for significant geopolitical consequences for the future of Antarctica and for Australia’s strategic interests, it’s important that Australian policymakers reconsider our long-term Antarctic policy settings. The report found no clear evidence that China is violating the Antarctic Treaty. But it argues we should apply a more sharply focused assessment of the costs and benefits of cooperation, given China’s more assertive international posture and increasing interests in Antarctica. The recommendations in the report are designed to maximise the value and mitigate the downside risks of China engagement for our Antarctic and broader national interests. Overall, we should adopt a more transactional approach in our Antarctic engagement with China, making it clear what we require from cooperation and what we expect from China. Given the track record Beijing has in moving rapidly on a broad front, as it’s done in the South China Sea, we need to be prepared to respond to a rapid increase in the speed and scale of China’s actions in Antarctica.
Topic:
Foreign Policy, Climate Change, National Security, and Bilateral Relations
Political Geography:
China, Asia, Australia, Australia/Pacific, and Antarctica

12. Commerce and Conflict: Navigating Myanmar’s China Relationship

Author:
International Crisis Group
Publication Date:
03-2020
Content Type:
Special Report
Institution:
International Crisis Group
Abstract:
Isolated from the international community, Myanmar is deepening its dependence on China. But closer ties, Beijing-backed megaprojects and private Chinese investment carry both risks and opportunities. Both states should proceed carefully to ensure local communities benefit and avoid inflaming deadly armed conflicts. What’s new? The Rohingya crisis has strained Myanmar’s relations with the West and much of the Global South, pushing it to rely more on diplomatic and economic support from China. With a China-Myanmar Economic Corridor proceeding, and smaller private-sector projects proliferating, China’s investments in Myanmar are poised to shift into higher gear. Why does it matter? Many of these projects are located in or near areas of active armed conflict, and are often implemented without sufficient transparency, consultation with local communities or awareness of the local context. They risk empowering armed actors, heightening local grievances and amplifying anti-Chinese sentiment, which could lead to a popular backlash. What should be done? China needs to take more responsibility for ensuring that its projects benefit local communities and Myanmar’s economy, and do not exacerbate conflict. The Myanmar government should enhance its China expertise to negotiate and regulate projects more effectively. Both sides need to practice greater transparency and meaningful community consultation.
Topic:
International Relations, Bilateral Relations, Conflict, and Economic Cooperation
Political Geography:
China, Asia, Southeast Asia, and Myanmar

13. Partial decoupling from China: A brief guide

Author:
Derek Scissors
Publication Date:
07-2020
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Partial decoupling from China is overdue. The People’s Republic of China (PRC) suppresses foreign competition and infringes intellectual property. It is an ugly dictatorship at home and increasingly aggressive overseas. Decoupling involves a range of tools and economic activities. Policymakers should quickly move to document and respond to Chinese subsidies, implement already legislated export control reform, monitor and possibly regulate outbound investment, and provide legal authority to move or keep supply chains out of the PRC. Decoupling has costs—higher prices, lower returns on investment, and lost sales. But they are dwarfed by the costs of continued Chinese economic predation and the empowerment of the Communist Party.
Topic:
Foreign Policy, Defense Policy, and Bilateral Relations
Political Geography:
China, Asia, North America, and United States of America

14. The cross-border impacts of China’s official rate shocks on stock returns of Chinese concepts shares listed on U.S. market

Author:
Dong Weijia
Publication Date:
02-2020
Content Type:
Working Paper
Abstract:
This paper examines a new cross-border effect of an emerging country’s interest rate changes on the stock returns of its domestic firms listed overseas. First, we discover that the increase in China’s official interest rate greatly affects the NYSE-listed Chinese stocks, thereby suggesting that similar to Chinese domestic investors, the institutional investors in a mature market sometimes exhibit irrational sentiment driven by an emerging economy’s unexpected monetary policy shocks. Second, we highlight some novel asymmetric impacts of China’s official rate changes on Chinese concepts stock prices and reveal that these effects differ from the conventional nonlinear effects of monetary policies. For instance, a bull and bear regime has no statistically significant asymmetric effect on NYSE, whereas interest rate rise has different cross-border impact on Nasdaq and NYSE markets. These interesting findings are mainly driven by the smart investors in the U.S. stock market who are knowledgeable about the differences between NYSE- and Nasdaq-listed stocks and carefully analyze the different impacts of China’s official interest rate changes on the fundamentals of different types of Chinese concepts stocks.
Topic:
International Trade and Finance, Bilateral Relations, and Investment
Political Geography:
China, Asia, North America, and United States of America

15. The China Trade Challenge: Phase II

Author:
The Conference Board
Publication Date:
03-2020
Content Type:
Special Report
Institution:
The Conference Board
Abstract:
China’s fast-paced economic rise and defiance of globally accepted market rules—along with the growing and yet unknown economic impact of the coronavirus (COVID-19)—are driving the next phase of US-China trade negations to the top of the nation’s post-election agenda. While the Phase I US-China trade deal has eased tension, it also set the stage for discussions on other important economic disputes, including forced technology transfer, cyber theft of intellectual property (IP), industrial policies, state subsidies, and new technology, according to a new Solutions Brief, The China Trade Challenge: Phase II, by the Committee for Economic Development of The Conference Board (CED).
Topic:
Bilateral Relations, Global Markets, Economy, Global Political Economy, and Trade
Political Geography:
China, Asia, North America, and United States of America

16. US-China Economic Relations Under Pressure From COVID-19

Author:
Christopher A. McNally
Publication Date:
06-2020
Content Type:
Commentary and Analysis
Institution:
East-West Center
Abstract:
With both the US and China facing a long economic slowdown, the bilateral relationship between the globe's two largest economies faces massive challenges. Making matters worse, Washington and Beijing have attempted to divert domestic attention away from their own substantial shortcomings by blaming each other. Given the economic uncertainty, each side has limited leverage to force the other into making concessions. Harsh rhetoric only serves to inflame tensions at the worst possible time. For better or worse, the US and China are locked in a messy economic marriage. A divorce at this time would exact an enormous cost in an already weakened economy.
Topic:
Foreign Policy, Bilateral Relations, Economy, and COVID-19
Political Geography:
China, Asia, North America, and United States of America

17. Has U.S. Government Angst over the China Danger Diminished?

Author:
Robert Sutter
Publication Date:
01-2020
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
The so-called “truce” in the trade war with the signing of the phase one U.S.-China trade agreement on January 15 comes amid indicators that the intense U.S. government consensus pushback against a wide range of perceived challenges posed by China may be subsiding.
Topic:
Government, Bilateral Relations, Economy, and Trade Wars
Political Geography:
China, Asia, North America, and United States of America

18. Taking Stock of United States-Vietnam Relations 45 Years After the Fall of Saigon

Author:
Huong Le Thu
Publication Date:
06-2020
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
Dr. Huong Le Thu, Senior Analyst at the Australian Strategic Policy Institute, explains that “To many, shared concerns about China are the driving force for Vietnam‐U.S. relations.”
Topic:
Bilateral Relations and Geopolitics
Political Geography:
China, Vietnam, North America, Southeast Asia, and United States of America

19. The Swiss Model vs. Swedish Model in Dealing with China

Author:
Joseph de Weck
Publication Date:
05-2020
Content Type:
Commentary and Analysis
Institution:
Foreign Policy Research Institute
Abstract:
Do you want to know how Beijing would like Europe to act? Take a look at Switzerland. Switzerland and China have been close for decades. It was the first Western nation to establish diplomatic relations with the People’s Republic of China (PRC) in January 1950. Bern wanted to protect investments in the new People’s Republic from nationalization and hoped Swiss industry could lend a hand in rebuilding China’s infrastructure after the civil war. Being friendly to China paid off, but only 30 years later, once reformer Deng Xiaoping took the reins of the Chinese Communist Party (CCP). In 1980, Swiss elevator producer Schindler was the first foreign company to do a joint venture in China. Today, Switzerland is the only continental European country to have a free trade agreement (FTA) with China.
Topic:
International Relations, Foreign Policy, International Trade and Finance, Treaties and Agreements, and Bilateral Relations
Political Geography:
China, Europe, Asia, Switzerland, and Sweden

20. Social Distancing: Australia’s Relations with China

Author:
Felix Chang
Publication Date:
05-2020
Content Type:
Commentary and Analysis
Institution:
Foreign Policy Research Institute
Abstract:
Affronts to Australia by China’s top diplomat in Canberra and the Chinese Communist Party’s Global Times newspaper reached new heights in April 2020. What prompted their verbal barbs was the Australian government’s backing for an independent review into the origins and spread of the novel coronavirus disease (COVID-19). While Australian Prime Minister Scott Morrison may have regarded such a review as a way to avert future pandemics, Beijing saw it as support for finger-pointing at China. Whichever is the case, the affronts shone a light on how Beijing has come to view Australia and what it and other countries in the Indo-Pacific region might expect from China in the future. Still, China’s diplomatic and editorial barbs were surprising. China has long worked to move Australia closer into its orbit and away from that of the United States. And, by and large, those efforts had been paying off. Over the last decade, several Australian foreign policy analysts had come to believe that greater accommodation of China would be needed to ensure Australia’s future prosperity. Indeed, Canberra has already shown more sensitivity on issues, like Taiwan, which Beijing deemed strategic. But rather than being content with Australia’s gradual shift, China has undertaken actions that could undermine it, from cyber-espionage to political influence-buying in Australia. China’s most recent affronts are likely to deepen Australian concerns over what Chinese power means for the region.
Topic:
Diplomacy, Bilateral Relations, Economy, and Coronavirus
Political Geography:
China, Asia, and Australia