US Secretary of State Mike Pompeo has laid out a new vision for American economic engagement in the Indo–Pacific, announcing the rollout of a new US regional infrastructure initiative, which, while not explicitly targeting China’s growing economic power in the region, attempts to provide Indo–Pacific countries with US financial and technical alternatives to China. The funds may be modest, yet...
South Korea’s president recently visited Iran and presented it with a trade-off: realise the full potential of trade and investment with a major Asian economy or maintain illicit military links to North Korea. Iran’s response, while progressive, may have fallen short of her hopes.
The pro-independence Democratic Progressive Party (DPP) has defeated the Nationalist Party (KMT) in Taiwan’s elections. Beijing’s reaction to the result will depend on how it interprets the DPP’s intentions towards the existing framework defining cross-strait relations.
China’s stock market crash is not the beginning of a global economic downturn, or the start of a Chinese recession. But it is a reminder of just how fragile China remains, and how far it still is from the status of a global power.
Officials from the US and China put on brave faces at the recently concluded US-China Strategic and Economic Dialogue. Tensions in the maritime and cyber realms, however, are threatening to send the relationship into a downward spiral.