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.
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.
The international community views the Belt and Road through a zero-sum lens. To succeed, Beijing should focus on its domestic aspirations, international responsibilities, and nonmonetary investments.
The Forum on China-Africa Cooperation (FOCAC) was established far earlier than the BRI, and it has become a sophisticated framework for China’s partnerships with African countries. Thus, FOCAC can be a mini-version of multilateral cooperation that aids the implementation of BRI projects.
The international community must design a fair and reasonable North Korea denuclearization road map that is politically sustainable, technically operable, and that can protect the long-term interests of all concerned parties.
China has often been accused of practicing “debt-trap diplomacy”—miring supposed partners, particularly developing countries, in unsustainable debt-based relationships. But this is a misreading of the issue, and nowhere is this more apparent than in China’s dealings with Venezuela.
Chinese experts are increasingly using the term “strategic stability” to refer to a bilateral nuclear relationship of mutual vulnerability. Maintaining such a mutually vulnerable relationship with other major nuclear powers, especially the U.S., is of ultimate importance for Chinese decisionmakers.
China and Latin America must confront the legacy of past deals gone wrong and attempt to move beyond commodity-based trade, investment and financing ties to forge more infrastructure cooperation.
China’s and India’s respective military postures, and the perceptions these developments engender on both sides, indicate a path forward. These nuclear rivals should take steps to stabilize their relationship and reduce the chances of conflict.
Despite the pageantry of the Singapore summit, the outcomes remain uncertain.
Whatever the outcome, the June 12 Trump-Kim summit will have major implications for the region’s security landscape.
Concerns about China’s mercantilist trade and investment policies have been at the forefront of growing frictions between China, the EU and the United States, but the Belt and Road Initiative has also highlighted worries about the lending of billions of dollars for infrastructure projects by its “policy banks”.
Since its announcement in 2013, the Belt and Road Initiative has grown from an idea centered on connectivity and infrastructure development into a global strategy bolstering China’s influence and economic diplomacy.