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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.
For the visit to be a success, Pompeo should leave Pyongyang with specific details on the North Korean nuclear inventory, concrete next steps and a timeline which shows Kim is earnest in denuclearizing, and an agreement on how verification of any of the aforementioned objectives will happen.
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.
Amid the escalating Sino-U.S. trade friction, Xi’s speech can be seen as creating a mediating space for potential negotiation between Beijing and Washington in order to prevent the global economy from suffering another big blow.
China made clear through Kim’s visit that it will not be sidelined in important conversations and developments on the future of the Korean Peninsula. Now, Xi has had the opportunity to influence the terms of any future agreement.