Two weeks ago in San Francisco, Chinese President Xi Jinping gave a speech to a gathering of U.S. business leaders that was chock full of his signature ideological ideas, including “Chinese-style modernization.” Why did Xi lecture them about these ideas? And what does Chinese-style modernization mean for U.S.-China relations?
The big question hanging over Argentine President-elect Javier Milei’s term in office is whether he can turn around the country’s crisis-stricken economy. But if Milei’s control over Argentina’s economic fate is limited, he’ll have free rein over the country’s foreign policy, where he is also planning some very large shifts.
Following the Sustainable Development Goals Summit this past September, the U.N. published a guidance paper to identify pathways to achieving the SDGs by their target date of 2030. But if those goals are to be met, even partially, the U.N. must also rethink the political underpinnings of international development cooperation.
Kenya and Rwanda’s decision to remove visas for African travelers were met with enthusiasm. But visas are only part of the complexity of cross-border travel for Africans across the continent. Visa-free travel is a step in the right direction, but it is not sufficient to address the challenges facing Africans who cross borders in Africa.
As preparations fall into place for the first in-person summit in four years between EU officials and their Chinese counterparts, hopes for constructive partnership have been displaced by mutual suspicion. Yet in hardening its stance toward Beijing, Brussels is ignoring weaknesses within China that could also generate risks.
While China’s current economic malaise has multiple factors, there is something about President Xi Jinping’s pursuit of utopian policies that increasingly seems to weigh on the country. One manifestation of this despondency is the phenomenon of “lying flat,” a Chinese concept that closely equates to “opting out.”
The city of Shenzhen is looking for ways to adapt to China’s shifting economic landscape. But Shenzhen is not just another city. It was the birthplace and symbol of the Reform and Opening Up era. What future does that leave for Shenzhen, now that the China it once represented no longer exists under President Xi Jinping?
Fears of a commodities trap are once again inflaming politics across Latin America. The latest illustration of the tensions and tradeoffs at the heart of these confrontations comes from Panama, where recent protests have forced the country to restrict new mining projects and may shut down a globally significant copper mine.
Most international coverage of Panama’s drought focuses on shipping delays through the Panama Canal. Locals are more worried about its impact on potable water. More worrying is the fact that Panama is not the only Latin American country currently facing water scarcity. To the contrary, the entire region is in the grips of a dry spell.
As much as any other single development, China’s rise over the past two decades has remade the landscape of global politics. China rapidly transformed its economy from a low-cost “factory to the world” to a global leader in advanced technologies. Along the way, it has transformed global supply chains, but also international diplomacy.
In September, Iran successfully placed an imaging satellite into orbit. But instead of showcasing a true breakthrough for Iran’s space program, the launch highlighted the enduring technological challenges that the program faces as well as Tehran’s continued inability to place militarily useful satellites into orbit.
EU officials have been careful to avoid framing Global Gateway, an infrastructure development initiative, as a response to China’s Belt and Road Initiative, but comparisons between the two frameworks are inevitable. It is no surprise, then, that the narratives the EU uses to discuss the Global Gateway contest those surrounding the BRI.
Though Thailand’s elections in May were won by pro-democracy parties, the result was a coalition government led by Pheu Thai that includes military-aligned parties. The question now is: Can Pheu Thai actually govern in a way that reunites Thais, strengthens democratic institutions and addresses Thailand’s many other problems?
The surge in investor demand for “green finance” is good news for the environment, representing a potential reservoir of urgently needed funds to stabilize the climate. But is green finance really the answer? Possibly, but not without substantial reform and regulation, starting with a clearer definition of what it is—and isn’t.