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.
Afghanistan could potentially become the centre of cooperation, not competition, between India and China, the two main Asian powers. This can only be achieved if problems and barriers are overcome and small-scale initiatives are implemented in order to stabilise Afghanistan.
The UN Security Council is certain to impose sanctions on North Korea. But, since these are likely to involve – at least initially – just cutting off trade and diplomatic contacts, no significant impact is expected.