India’s prolonged quest to join the Shanghai Cooperation Organization brings into sharp relief an enduring tension between competing geopolitical ideas.
As China's role in the world, so too does its place in both participating in and defining global governance. It has taken a more assertive role in this arena through its Belt and Road Initiative but some Western nations are wary of China's expanding influence.
The recent Belt and Road Forum for International Cooperation that took place in Beijing is China’s claim to a more prominent role in determining the rules of the game on a global stage. But in the unpredictable world of Chinese politics, the forum was as much about President Xi Jinping’s standing and an attempt to curtail speculation that he is not in total control.
It will take years for Russia to increase trade with China. To do so, Russia will need to strengthen its institutions, overcome non-tariff barriers to the Chinese market, and enhance its reputation among Chinese investors.
Chinese companies investing in Europe are largely driving the Belt and Road Initiative, but cultural differences could impede their success.
With the One Belt, One Road (OBOR) Initiative signaling China’s more activist, assertive regional economic development and security policies, the United States must develop a post-TPP strategy to engage with China and the Asia-Pacific region.
China hopes to use three strengths to make the Belt and Road Initiative a success: its large foreign exchange reserves, dominance in certain infrastructure fields, and unique forms of state backed project finance.
The first 100 days of Donald Trump’s presidency have seen unexpected foreign policy reversals and some surprising areas of consistency with previous administrations.
By deepening its political, economic and military engagement in Afghanistan, and by formally signing a Memorandum of Understanding in 2016, China seems to be emerging as a long-term player in the region’s new Great Game.
European countries are increasingly more receptive to the Belt and Road Initiative and Chinese investment, but concerns remain over how competition from Chinese firms will impact developed European economies.