Viewpoint

09.24.17

China, Global Peacemaker?

James Bowen
In May, Chinese President Xi Jinping gave opening remarks to a two-day international forum designed to demystify and attract support for Beijing’s “Belt and Road Initiative.” This estimated $1 trillion investment campaign aims to create extensive...

Africa Needs Infrastructure, China Wants to Build It. So What’s the Problem?

Eric Olander, Cobus van Staden & more
Every week seemingly brings a new announcement of a Chinese-financed mega project somewhere in Africa. Last week’s announcement of a $5.8 billion power station in Nigeria that will be financed and built by Chinese state-owned companies is typical of...

Sinica Podcast

08.30.17

U.S.-China Relations After Six Months of Trump

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
Has the last half year of turbulent U.S.-China relations and Chinese politics passed you by? Confused you? Perhaps you’d like a clear recap in plain English? If yes, then this is the podcast episode for you.

China Is Investing $57 Billion into Pakistan

Fortune
Chinese entrepreneurs are looking to explore opportunities in Pakistan, where Beijing has pledged to spend $57 billion on infrastructure projects as part of its “Belt and Road” initiative.

China’s ‘Belt and Road’ Initiative Could Be the next Risk to the Global Financial System

CNBC
China has pitched its mammoth, pan-Eurasian “Belt and Road” infrastructure initiative as a means of promoting economic prosperity and fostering diplomatic ties on a global scale.

Breaking Down the U.S. Trade Deficit with China

Paul Haenle & Yukon Huang from Carnegie-Tsinghua Center for Global Policy
A positive relationship between the United States and China, the world’s two largest economies, is crucial for promoting global growth and development. The bilateral relationship, however, has become increasingly fraught by disagreements over what a...

Exclusive: China's Belt and Road Acquisitions Surge despite Outbound Capital Crackdown

Kane Wu and Sumeet Chatterjee
Reuters
Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on China’s acquisitive conglomerates to restrict capital outflows.

As India and China Face Off in the Mountains, a New Confrontation Is Growing in the Ocean

Nyshka Chandran
CNBC
India-China ties, already weighed down by a Himalayan border dispute, are set for further pressure amid territorial concerns in the Indian Ocean. Beijing has been expanding its naval presence there, triggering worry from New Delhi.

China's ‘Belt and Road’ Opens up New Business in Africa—for Both the U.S. And China

Washington Post
There has been no shortage of headlines proclaiming China’s growing clout in a “new world order” in recent months. This speculation resurfaced after the July G-20 summit, at which the United States reconfirmed its withdrawal from the Paris climate...

Books

07.06.17

China’s Asian Dream

Tom Miller
“China,” Napoleon once remarked, “is a sleeping lion. Let her sleep, for when she wakes she will shake the world.” In 2014, President Xi Jinping triumphantly declared that the lion had awoken. Under his leadership, China is pursuing a dream to restore its historical position as the dominant power in Asia.From the Mekong River Basin to the Central Asian steppe, China is flexing its economic muscles for strategic ends. By setting up new regional financial institutions, Beijing is challenging the post-World War II order established under the watchful eye of Washington. And by funding and building roads, railways, ports, and power lines—a New Silk Road across Eurasia and through the South China Sea and Indian Ocean—China aims to draw its neighbors ever tighter into its embrace.Combining a geopolitical overview with on-the-ground reportage from a dozen countries, China’s Asian Dream offers a fresh perspective on one of the most important questions of our time: what does China’s rise mean for the future of Asia. —Zed Books{chop}

Trump Is China’s Chump

Thomas L. Friedman
New York Times
Beijing is now quietly encouraging everyone in the neighborhood to join the Regional Comprehensive Economic Partnership, China’s free-trade competitor to TPP.

Unless China Changes Tack, India Won’t Be the Only Country Opposing One Belt, One Road

Harsh V Pant
Quartz
India said about OBOR that “no country can accept a project that ignores its core concerns on sovereignty and territorial integrity.”

‘Islamic State Killings: China’s Censored Social Media Is in Uproar, so What’s Beijing Thinking?

Coco Liu
South China Morning Post
The deaths of two Chinese prompt widespread calls for retribution. Beijing, seeking favour in the region with its Belt and Road Initiative, remains curiously silent.

West Underestimates China’s New Silk Road, German Envoy Says

Channel NewsAsia
Western countries are underestimating China’s new Silk Road project, which is an important scheme, despite concerns it is too China-centric and so far lacking in opportunities for foreign firms, Germany’s ambassador to China said on Thursday.

China Doesn't Want To Be the Only World Leader, Says State Council Counselor

Akiko Fujita, Huileng Tan
CNBC
Rather than fully stepping into a global leadership vacuum that could be left by an increasingly isolationist U.S., China is looking to be but one of the world's leaders...

China PM’s ‘Dream Team’ Should Be Asia, Not Europe

CNBC
Last Thursday (May 29), Mr. Li Keqiang’s “dream team” became “golden partnership” as he presented in Berlin a glowing report card on a lucrative alignment between “Made in China 2025” – an innovation-driven manufacturing – and Germany’s “Industry 4...

Conversation

06.01.17

Can China Supplant the U.S. in Europe?

Rogier Creemers, Zha Daojiong & more
From May 31 to June 2, Premier Li Keqiang will visit Germany and Belgium, to “further deepen and enrich China’s relations with the European Union (EU) at a time of increasing global uncertainty,” according to an article in China’s state newswire...

China, Russia Share Much to Expand Economic Cooperation

China Daily
Roughly three months ahead of a BRICS summit to be held in China, Russian analysts saw immense potential to increase and diversify economic cooperation between Russia and China.

Sinica Podcast

05.26.17

Chinese Power in the Age of Donald Trump

Jeremy Goldkorn, Kaiser Kuo & more from Sinica Podcast
When Joseph Nye, Jr., first used the phrase “soft power” in his 1990 book Bound to Lead: The Changing Nature of American Power, China did not factor much into his calculus of world order: It had relatively little military and economic power, and...

Why Soft Power Could Be the Real Value of China’s Massive Belt and Road Project

Justina Crabtree, Cheang Ming
CNBC
The real benefits of OBOR to China could be the international clout it stands to gain as its attempts to spearhead international policy and improve relations with OBOR partner countries.
05.18.17

Ministry of Public Security WeChat Posts—May 11-15, 2017

Here are our translations of the latest WeChat posts from the Ministry of Public Security related to Foreign NGOs.

China’s Silk Road Project Shows Putin Needs Xi Way More Than Trump

Kenneth Rapoza
Forbes
There are more U.S. multinationals in Russia than there are Russian multinationals in the U.S.. Moscow and Beijing are nowhere near as close as Beijing is to Washington, but Russia stands more to gain by the Silk Road than the U.S. if not for...

China’s Xi Positions Himself as Free Trade and Climate Champion

James Griffiths
CNN
Chinese President Xi Jinping has called for the world to reject protectionism and promote free trade in the latest attempt by Beijing to take up the mantle of globalization since the election of U.S. President Donald Trump.

Conversation

05.16.17

How Big a Deal is the New U.S.-China Trade Deal?

Wendy Cutler, Zha Daojiong & more
Last week, the United States and China announced a new trade deal on the eve of China launching a sweeping conference to promote its One Belt, One Road development and infrastructure investment initiative. How good are the terms of the Washington-...

Evaluating Trump’s First 100 Days

Paul Haenle & Jon Finer from Carnegie-Tsinghua Center for Global Policy
One hundred days into Donald Trump’s presidency, he has shocked the establishment and foreign governments with many foreign policy reversals, and also some surprising areas of consistency. In this podcast, Paul Haenle sat down with Jon Finer, former...

India Boycotts China’s Global Trade Jamboree

Rishi Iyengar
CNN
India’s main objection is the partnership China is developing with Pakistan. The China-Pakistan Economic Corridor, a key component of One Belt, One Road -- passes through the disputed region of Kashmir, which both India and Pakistan claim in its...

China’s New Silk Road Promises Trade and Riches, with President Xi at Helm

Ben Blanchard, Sue-Lin Wong
Reuters
Chinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road initiative led by Beijing.

China, Philippines to Start South China Sea Talks: Ambassador

Benjamin Kang Lim
China and the Philippines will start bilateral consultations on the disputed South China Sea this week, the Philippine ambassador to Beijing said, as Manila looks to ease tensions with Asia’s top economic power.

Kenya President Urges Rebalance of China-Africa Trade

David Piling
Financial Times
President Uhuru Kenyatta of Kenya has called on China to rebalance an increasingly skewed trade relationship between Africa and the rising superpower, arguing that Beijing must do more to tackle a widening trade deficit.

China Pledges More Than $100 Billion in Belt and Road Projects

sophia yan
CNBC
China is pledging more than $100 billion to finance projects under its “One Belt, One Road” strategy, an ambitious initiative to strengthen the world’s second-largest economy’s investment, influence and trade links to the rest of the globe.

U.S. Firms Want In on China’s Global ‘One Belt, One Road’ Spending

KEITH BRADSHER
New York Times
As China plans to build a raft of roads, rail lines, ports and airports across Asia, Africa and Europe, skeptics say Chinese companies will be the only real winners from the ambitious initiative.

North Korea Blights China’s One Belt, One Road Party with Missile Launch

James Griffiths
North Korea’s missile launch Sunday came at a highly embarrassing time for China, its chief ally and economic partner. As Chinese President Xi Jinping prepared to inaugurate the Belt and Road Forum, Pyongyang fired a ballistic missile from a base in...

China’s Summit for Its New Silk Road Is Missing 44 Heads of State from the 65 Nations Involved

zheping huang
Quartz
World leaders are gathering in Beijing this weekend for a big summit touting China’s infrastructure spending spree to connect Europe, the Middle East, Asia, and Africa. The project, known as the Belt and Road Initiative—or “One Belt, One Road” (OBOR...

Who Will Pay for China’s New Silk Road?

Wendy Wu
South China Morning Post
According to an estimate by the Asian Development Bank, there is a funding gap of US$26 trillion for the infrastructure projects that will be required in Asia by 2030. China’s “Belt and Road Initiative” is designed to help meet this shortfall, but...

Western and Japanese Snub of China’s Belt and Road Summit Is a Missed Opportunity

Jean-Pierre Lehmann
South China Morning Post
The conspicuous absence of the heads of state from the major Western economic powers and Japan at the belt and road summit this month in Beijing is a big mistake and a missed opportunity for enhancing dynamic and cooperative globalisation.

Director behind ‘Great Wall’ Says China Has a Long Way to Go to Rival Hollywood

Sophia Yan
CNBC
Chinese audiences hotly follow U.S. actors and movies, but Americans “probably” don’t care much about Chinese movies, Zhang told CNBC. On the outside, maybe they’ve tracked a couple of stars like Bruce Lee, Jackie Chan or Jet Li, he said.

China Says Silk Road Plan Is Not Tied to Presidency

Reuters
China’s President Xi Jinping initiated the ambitious “Belt and Road” development plan but it has become a world plan not tied to his presidency, the Commerce Ministry said on Wednesday, days before Xi hosts a global forum on the initiative.

Caixin Media

05.05.17

Belt and Road: A Symphony in Need of a Strong Conductor

In just a few weeks, the Chinese president will host the Belt and Road summit—Xi Jinping’s landmark program to invest billions of dollars in infrastructure projects across Asia, Africa, and Europe. Reactions to the project have been, understandably...

China Focus: What to Expect from Belt and Road Forum

Xinhua
The Belt and Road Forum for International Cooperation scheduled for mid-May is a high-profile international meeting on the Belt and Road Initiative, a China-proposed trade and infrastructure plan connecting Asia with Europe and Africa.

Interview: Belt and Road Initiative to Boost Sustainable Economic Development -- Former U.S. Diplomat

Yang Shilong, Zhang Zhihuan
Xinhua
The Belt and Road Initiative is a very positive project that helps boost sustainable economic development in the world, especially in ill-connected Asia, a former U.S. diplomat has said.

Why India Can’t Afford to Miss out on China’s Belt and Road Plan

K.S. Venkatachalam
South China Morning Post
India-China relations has been plagued by a low level of trust due to unresolved territorial disputes.

What Happened at Mar-a-Lago?

Paul Haenle & Zha Daojiong from Carnegie-Tsinghua Center for Global Policy
One week before their first in-person meeting, President Trump told the world on Twitter that he expected the dialogue with his Chinese counterpart Xi Jinping to be “a very difficult one” unless China was prepared to make major concessions on issues...

China State Firms Eye Land around Panama Canal: Waterway Authority

Brenda Goh
Reuters
Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief executive of the vital trade thoroughfare said, underlining China’s outward push into infrastructure via railways and ports around the world.

New Zealand and China Plan to Expand Free-Trade Deal

Nick Perry
Seattle Times
New Zealand and China announced Monday they would open talks soon to expand a successful free-trade deal in place for nearly a decade.

As China’s Li Visits Down Under, Trump on Australian PM Turnbull’s Mind

Nyshka Chandran
CNBC
Australian Prime Minister Malcolm Turnbull is expected to keep his relationship with the U.S. in close focus as China’s Li Keqiang becomes the first Premier in eleven years to visit Down Under.

China May Set New Rules to Curb ‘Irrational’ Outbound Investment This Year

Fortune
China this year may publish rules on outbound investment by Chinese firms that would spell out the sectors in which investing is encouraged and those where it is restricted, state media reported on Tuesday.

Books

03.02.17

The Silver Way

Peter Gordon and Juan José Morales
Long before London and New York rose to international prominence, a trading route was discovered between Spanish America and China that ushered in a new era of globalization. The “Ruta de la Plata,” or “Silver Way,” catalyzed economic and cultural exchange, built the foundations for the first global currency, and led to the rise of the first “world city.” And yet, for all its importance, the Silver Way is too often neglected in conventional narratives on the birth of globalization. Gordon and Morales re-establish its fascinating role in economic and cultural history, with direct consequences for how we understand China today. —Penguin China{chop}

China’s ‘New Silk Road’ Is Derailed in Sri Lanka by Political Chaos and Violent Protests

Wade Shepard
Forbes
It is now looking as if Sri Lanka’s biggest partner in the Hambantota endeavor, China, is pulling back from what seems to have become an all out fiasco 

Here Are Five Ways China’s New Silk Road Is Good for Western Companies

Alex Capri
Forbes
China’s One-Belt-One-Road initiative is the most ambitious infrastructure project in history. Referred to as “OBOR,” this immense network of planned highways, railways, energy grids and port facilities will create economic corridors between 65...

China Invites Britain to Attend New Silk Road Summit: Sources

Ben Blanchard and Elizabeth Piper
Reuters
China has invited British Prime Minister Theresa May to attend a major summit in May on its “One Belt, One Road” initiative to build a new Silk Road, diplomatic sources told Reuters

China’s ‘Silk Road’ Push Stirs Resentment, Protest in Sri Lanka

Voice of America
China signed a deal with Sri Lanka late last year to further develop the strategic port of Hambantota and build a huge industrial zone nearby, a key part of Beijing’s ambitions to create a modern-day “Silk Road” across Asia.

How Donald Trump Could Give China a Real Boost in Africa

Eric Olander, Cobus van Staden & more
The election of Donald Trump has introduced a new era of uncertainty in global politics, especially in Africa where the U.S. president-elect has said nothing about his foreign policy agenda for the continent. Not surprisingly, Trump’s unpredictable...

First Freight Train from China to Britain Arrives in London

Ritvik Carvalho
Reuters
The first China-to-Britain freight train arrived in London on Wednesday after a 7,500-mile journey, marking a milestone in China’s push to build commercial links across Europe and Asia.

China’s New Silk Road Is Getting Muddy

Joshua Eisenman and Devin T. Stewart
Foreign Policy
With the future of U.S.-China relations an open question for the incoming Donald Trump administration, many have focused on whether the president-elect’s promise to withdraw from negotiations over the Trans-Pacific Partnership (TPP) will enhance...

First China-U.K. Freight Train Departs as Xi Seeks to Lift Trade

Bloomberg
China initiated a rail-freight service to Britain as part of President Xi Jinping’s efforts to strengthen trade ties with Europe.

While the Rest of the World Retreats, China Expands Investments in Arab World

Eric Olander and Cobus van Staden
Huffington Post
As chaos consumes large portions of the region, Beijing is sending in cash

China’s Risky Power Play in the Arab World

Eric Olander, Cobus van Staden & more
International Relations Professor Zaynab El Bernoussi from Al Akhawayn University in Ifrane, Morocco, joins Eric and Cobus this week to discuss her recent column on China’s growing influence in the Middle East and North Africa. Professor El...

Features

12.02.16

How Do You Stand up to China? Ask Mongolia

Sergey Radchenko
The day before the Dalai Lama’s November 18 trip to Mongolia, Beijing issued a “strong demand” to its neighbor to cancel the visit of the “anti-Chinese separatist” or face (unstated) consequences. The Dalai Lama would be making his ninth visit to...

Environment

11.11.16

Trump Presidency May Spell Disaster for Climate

from chinadialogue
The election of Donald Trump may prove a disaster for the climate and especially for climate change negotiations if he sticks to the threats made during his campaign. But it may provide the developing world—especially China—with an opportunity to...

The Limits of Chinese Isolationism

Alice Su
Atlantic
Can a country doing business all over the world really avoid other peoples' politics?...