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The China International Development Cooperation Agency could help China coordinate its aid portfolio more efficiently. But it is more difficult to say whether the new agency will make Chinese aid disbursement and procurement decisionmaking more transparent.
The recent expansion of China’s Belt and Road Initiative into Latin America and the Caribbean (LAC) is unlikely to bring fundamental change to China–LAC economic relations. It may, however, catalyze a more volatile LAC–China–US geopolitical relationship.
The signature project of the 16+1 framework between China and sixteen countries in central and eastern Europe is a Chinese-financed railway between Hungary and Serbia. The project has become a symbol of not just the 16+1 framework but also of what China’s Belt and Road Initiative (BRI) means for Europe.
The U.S. and Chinese presidents talked about trade and tariffs when they met in Buenos Aires. What is the view from China?
In the midst of increasingly competitive and near-confrontational relations, it is important to remain clear-eyed about the difficulties that the United States and China face going forward.
The U.S. withdrawal from the INF Treaty reflects Washington’s long-standing concern that the treaty constrained its ability to counter China’s fast-growing missile forces in the Asia Pacific.
The Taiwan Strait is not at immediate risk of a crisis, but a changing status quo and diminishing trust between Beijing, Taipei, and Washington signal possible trouble ahead.
In recent years, China has expended considerable efforts to build a sea-based nuclear force for the primary purpose of enhancing its overall nuclear deterrent. Although Beijing’s goal is limited and defensive, the practical implications of its efforts for regional stability and security will be significant.
For many years, China has mostly relied on land-based nuclear weapons as its strategic deterrent. But now its fleet of nuclear-armed submarines is getting larger and more advanced. This long-term trend has far-reaching implications.
How China should understand and manage political risk in Venezuela has become one of the most important, if too often ignored, questions not just in China’s relationship with Latin America, but in its broader efforts to be seen as an agent and leader of development on the world stage.