Asia & the Pacific

385 Items

Driverless trucks move shipping containers at an automated port in Tianjin, China, Monday, Jan. 16, 2023. China's exports fell 7.5% from a year ago in May, 2023, and imports were down 4.5%, adding to signs an economic recovery is slowing.

AP Photo/Mark Schiefelbein

Analysis & Opinions - The Wall Street Journal

China Relies on U.S., Allies for Hundreds of Products

    Author:
  • Timothy W. Martin
| Aug. 09, 2023

China has at least a 70% dependence on the U.S. and its allies for more than 400 items, ranging from luxury goods to raw materials needed for Chinese industries, a new analysis of trade data has found. (...) The analysis, set to publish Wednesday in the International Security academic journal, uses data from the United Nations Comtrade database, which tracks official global trade statistics. China’s high-dependency exposure was calculated by bundling together trade activity from the U.S. and more than a dozen allies across a range of categories.

Residents wearing face masks walk by tree shadow cast on a Communist Party's logo near a residential area in Beijing, Thursday, March 2, 2023. Chinese leader Xi Jinping's agenda for the annual meeting of the ceremonial legislature: Revive the economy by encouraging consumers to spend more now that severe anti-virus controls have ended, and install a government of loyalists to intensify Communist Party control over the economy and society. (AP Photo/Andy Wong)

AP Photo/Andy Wong

Magazine Article - Foreign Affairs

The New China Shock: How Beijing’s Party-State Capitalism is Changing the Global Economy

| Dec. 08, 2022

In the wake of the global financial crisis of 2008, China began to move away from the market-based approach that had shaped its economic policies for three decades, and toward something that might be termed "party-state capitalism," which involves a high degree of CC control over strategic sectors of the economy. This has led to significant changes in the U.S.-Chinese economic relationship, as both sides have made efforts to secure supply chains, screen inward and outward capital flows, diminish the power of global firms, and reorganize alliances to protect against economic coercion.

Soldiers stand guard after a preparedness enhancement drill simulating the defense against Beijing's military intrusions, ahead of the Lunar New Year in Kaohsiung City, Taiwan on Wednesday, Jan 11, 2023. China renewed its threats Wednesday to attack Taiwan and warned that foreign politicians who interact with the self-governing island are "playing with fire."

AP Photo/Daniel Ceng

Magazine Article - Foreign Affairs

The Consequences of Conquest: Why Indo-Pacific Power Hinges on Taiwan

| June 16, 2022

Of all the intractable issues that could spark a hot war between the United States and China, Taiwan is at the very top of the list. And the potential geopolitical consequences of such a war would be profound. Taiwan-"an unsinkable aircraft carrier and submarine tender," as U.S. Army General Douglas MacArthur once described it--has important, often underappreciated military value as a gateway to the Philippine Sea, a vital theater for defending Japan, the Philippines, and South Korea from possible Chinese coercion or attack.

Taishan Nuclear Power Plant in Guangdong, China, in 2019.

EDF Energy via Wikimedia Commons

Book Chapter - Cambridge University Press

Enabling a Significant Nuclear Role in China’s Decarbonization

| Dec. 02, 2021

While China is building nuclear reactors faster than any other country in the world, major constraints may limit nuclear energy’s ability to grow to the scale of hundreds of gigawatts that would be required for it to play a major part in decarbonizing China’s energy system. This chapter explores the major constraints on, and risks of, large-scale nuclear energy growth in China, and how both new policies and new technologies might address them. It focuses particularly on the two biggest constraints – economics and siting. Substantial government policies to support nuclear power and advanced reactor systems designed to address some of the key constraints are both likely to be needed for nuclear to have a chance of playing a major role in decarbonizing China’s energy system; nuclear energy’s role may be bigger in the second half of this century than in the first half.

In this Nov. 28, 2019 file photo, smoke and steam rise from a coal processing plant in Hejin in central China's Shanxi Province.

AP Photo/Sam McNeil

Policy Brief

China’s National Carbon Market: Paradox and Potential

| December 2020

China announced it would launch a national carbon market in 2017, yet this policy is taking years to come into effect. What will it take for a carbon market to work in command-and-control China? This policy brief explores an understudied challenge—emissions accounting—and identifies potential opportunities that have arisen in the first phase of China’s national carbon market.

President-elect Joe Biden and his climate envoy, John Kerry, at The Queen theater.

Carolyn Kaster/AP

Analysis & Opinions - Bloomberg Opinion

What Does Success Look Like for a Climate Czar?

| Dec. 02, 2020

President-elect Joe Biden’s decision to create a new cabinet-level position for climate-related issues — and to choose so prominent a figure as former Secretary of State John Kerry to fill it — demonstrates Biden’s sincerity over putting climate at the very center of U.S. foreign policy. It is easy to understate the importance of this appointment, given the flurry of czars created by most new administrations.