Carnegie-Tsinghua Center for Global Policy
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Despite the BRI’s prevalence in discussions of China’s global engagement, many experts are divided on how to interpret it. Is it a global strategy or just an interregional initiative? How can countries and international companies participate in its growth and development?
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.
Dialogue in various formats—bilateral, trilateral, and multilateral—will not eliminate some fundamentally conflicting views and the misalignment of perceived national interests among China, Japan, and the United States, but it can help to reduce the risk and the cost of ill-advised defense investments.
China’s rise poses a strategic challenge to India on multiple fronts. The best way for New Delhi to respond is to pursue a deeper partnership with the United States.
There is no clear, internationally accepted definition of what activities or technologies constitute a nuclear weapons program. This lack of definition encumbers nuclear energy cooperation and complicates peaceful resolution of proliferation disputes.
Whether the growing size and global interdependence of China’s economy is translating into greater Chinese geopolitical influence is one of the most important questions of the twenty-first century.
China’s growing use of petcoke, an inexpensive but environmentally unfriendly coal alternative, must be addressed for the country’s efforts to reduce air pollution to be effective.
Russia is tilting toward China in the face of political and economic pressure from the United States and Europe. This does not presage a new Sino-Russian bloc, but the epoch of post-communist Russia’s integration with the West is over.
Three years ago, the EU began to intensify its engagement with Asia. Now, the question is whether there is the political will to move this relationship to the next phase.
China’s economy is in for a bumpy ride. But if Chinese leaders implement the right macroeconomic policies and structural reforms, the challenges should be manageable.