Though a “Cold War” between the U.S. and China has not yet begun, the two sides are increasingly confrontational and risk shifting from competition to rivalry. Russia does not feel threatened by China’s rise, as Moscow remains confident that it can still benefit from the relationship.
The U.S.-Russia bilateral relationship is facing unprecedented strains. At the same time, the U.S.-China relationship is growing increasingly contentious over what the Trump administration views as the lack of reciprocity across many areas, including trade, investment, media, education, and culture.
The Trump administration believes attempts by previous administrations at persuasive dialogue and engagement with Beijing were unsuccessful, but the current strategy of publicly admonishing and punishing China has not been effective.
The Trump administration has taken a more confrontational approach to bilateral relations with China, implementing tariffs on nearly half of all Chinese exports to the United States and treating Beijing as a strategic competitor across many aspects of the relationship.
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.
Paul Haenle joined Kaiser Kuo to discuss next steps for DPRK diplomacy and tensions between the United States and China over trade, Taiwan, and the Belt and Road Initiative
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.
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.
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.
In recent years, China has become more active in shaping global governance rules and standards on issues ranging from cyber security to nonproliferation through platforms such as the United Nations, BRICS, and its signature Belt and Road Initiative.