While America has begun an economic recovery of uncertain strength and staying power, we Americans nonetheless face a far longer-term and more substantial national rebuilding project. This daunting task has placed us in a contemplative space, in which we nervously toggle between bouts of renewed self-confidence and crippling self-doubt. But the same thread runs through both cycles of this national bipolar disorder: the assumption that we must bear this burden alone. That assumption is our greatest weakness right now, for it blinds us to the economic opportunities at hand, while encouraging us to adopt an unwise defensiveness in our national […]
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Canadian Prime Minister Stephen Harper traveled to China earlier this month, where he met with senior Chinese leaders and signed deals promoting bilateral economic cooperation. In an email interview, Daniel Poon, a researcher at the North-South Institute, discussed trade and diplomatic relations between Canada and China. WPR: What is the nature and extent of energy relations between Canada and China, and how are they evolving? Daniel Poon: Due to years of prioritizing the U.S. market over all others, the extent of Canadian energy and, more generally, commercial relations with China have been relatively limited. In 2010, roughly one-third of Canada’s […]
TORONTO — Wrapping up a trip to China last week, Canadian Prime Minister Stephen Harper described the visit as “very successful.” The trip saw the signing of a number of trade deals worth an estimated $3 billion in oil, natural gas, minerals and other products. But though it also ended with the commissioning of a feasibility study into the possibility of a free trade agreement between the two countries, Harper was quick to advise caution on what remains a long-term goal. That the two economies need each other is not in question. With bilateral trade valued at $50 billion in […]
All eyes have been on Chinese Vice President Xi Jinping this week, as the heir apparent to Chinese President Hu Jintao continues his tour of the United States. But Xi will not be the only new face to emerge this fall, when the Chinese Communist Party will convene its 18th National Party Congress to announce a new generation of leaders in the top party and government positions. The congress convenes every five years to announce changes in policy or to make changes in personnel. But this year, the political transition is particularly important, with more than half of the 25 […]
After years of controversy and disagreement, the U.S. and Japan agreed last week to decouple the terms of an agreement to close the U.S. Marines’ Futenma air base in Okinawa, after negotiations over relocating the base elsewhere on the island had reached a stalemate. The 2006 agreement had required the relocation of Marine Corps Air Station Futenma to another site on Okinawa as a precondition for reducing the amount of U.S. troops stationed there. But heavy opposition among residents of Okinawa to hosting a new base, even in a less populated part of the island, had made the issue a […]
China announced last month that it will send a contingent to participate in the U.N. peacekeeping mission in South Sudan. In an email interview, Courtney Richardson, a research fellow at the International Security Program at Harvard University’s Belfer Center and a doctoral student at Tufts University’s Fletcher School, discussed China’s peacekeeping deployments. WPR: What is the recent history of China’s involvement in international peacekeeping missions? Courtney Richardson: From the time it assumed its seat at the United Nations Security Council in 1971 until the early 1980s, China was morally opposed to the international peacekeeping regime; it abstained on Security Council […]
BEIJING — China’s long-standing policy of non-interference in the sovereign affairs of other nations is a cornerstone of its Peaceful Rise foreign policy doctrine. But as recent events have brought sharply into focus, the current approach fails to protect China’s expanding overseas interests and has caused a trust deficit with regard to China’s intentions at an intergovernmental level. This raises the question of how long the non-interference policy can be sustained, and whether Chinese interests would be better served by abandoning it for a less rigid position. The Five Principles of Peaceful Coexistence, which have guided Chinese foreign policy since […]
Over the past 10 days, 54 Chinese nationals have been taken prisoner in Sudan and Egypt, putting greater pressure on China to protect its 800,000 citizens working overseas in resource-rich but high-risk investment environments. On Jan. 28, rebels allied with South Sudan seized 29 Chinese construction workers building roads in the Sudanese border state of South Kordofan. Three days later, Bedouin tribesmen kidnapped 25 Chinese cement factory workers in Egypt’s Sinai Peninsula. The prisoners taken in Egypt were released the next day, and those in Sudan were freed Tuesday — after more than a week in captivity — following the […]
In December, with a dispute over oil-transit fees between Sudan and South Sudan exacerbating already tense post-independence relations, the world looked to China to save the day. Beijing sent Special Envoy Liu Guijin to negotiations in Addis Ababa in the hopes of brokering a deal on oil revenues and facilitating a final post-independence settlement between the two sides. A month later, the crisis between and within the two Sudans continues. But the episode raises the question of whether China’s evolving Sudan policy reflects a broader evolution in its approach to African and international diplomacy. China’s current relations with the two […]
During a visit to the Persian Gulf countries last month, Chinese Premier Wen Jiabao called for the conclusion of negotiations for a free trade agreement between China and the Gulf Cooperation Council (GCC) states. In an email interview, Jean-Francois Seznec, a visiting associate professor at Georgetown University’s Center for Contemporary Arab Studies, discussed the proposed China-GCC free trade agreement. WPR: How has trade between China and the Gulf Cooperation Council countries evolved over the past decade? Jean-Francois Seznec: Trade between the GCC and China has grown to about $90 billion in 2010 from $10 billion 10 years ago. China imports […]
BEIJING — China is seeking more-productive ways to deploy the $3.2 trillion it holds in foreign exchange reserves and other national wealth, including rapid expansion of its sovereign wealth management vehicles. With Western investors on the back foot in the past year, Chinese funds have notably expanded their ownership of high-profile strategic overseas assets. While large-scale Chinese foreign investment is seen by many as a cause for geopolitical concern, these entities are becoming increasingly sophisticated and credible, representing one of the most viable mechanisms for restoring balance to global trade and investment flows. Asian sovereign wealth funds (SWFs) have accrued […]