Asia & the Pacific

Joseph Nye considers lessons from his own work on preventing the spread of nuclear technology in the 1970s.

Power transitions affect a state’s ability to exercise economic statecraft. As a dominating and a rising power approach parity, they face structural incentives to decouple their economies. This decoupling affects business-state relations: high-value businesses within the dominant power tend to oppose their state’s economic statecraft because of its costs to them, whereas low-value businesses within the rising power tend to cooperate because they gain from it. 

The authors propose a simple, four-part framework to guide relations among major powers. This framework presupposes only minimal agreement on core principles—at least at first—and acknowledges that there will be enduring disagreements about how many issues should be addressed. Rather than imposing a detailed set of prescriptive rules (as the World Trade Organization and other international regimes do), this framework would function as a "meta-regime": a device for guiding a process through which rival states or even adversaries could seek agreement or accommodation on a host of issues. When they do not agree, as will often be the case, adopting the framework can still enhance communication among them, clarify why they disagree, and offer them incentives to avoid inflicting harm on others, even as they seek to protect their own interests.

Commercial international port terminals owned and operated by Chinese firms provide dual-use capabilities to the People's Liberation Army during peacetime. They enable China to project power into critical regions worldwide by providing military logistics and intelligence networks.

Both sides of the Atlantic are converging in their assessment of the challenges China poses to transatlantic prosperity and democracy. The U.S. and Europe must now build on this convergence to advance a common strategy toward China. Only together can the U.S. and Europe, alongside other democratic nations, maintain the necessary leverage in trade, technology and multilateral engagement to hold China accountable to a set of standards that protects democratic societies and contributes to global stability.

To develop a stronger transatlantic approach toward China, the Biden administration must work to rebuild trust in the transatlantic relationship and recommit to multilateral alliances and institutions abandoned by President Trump. Europe for its part must unite and take action where it sees China exploiting its critical industries and infringing on its values. A common position on China at the EU–level and across several influential EU member states is critical to making transatlantic cooperation on China feasible.

The geopolitical and geo-economic forces wrought by the coronavirus pandemic, as examined previously in this series, are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.

For most people, there was nothing to celebrate when the International Monetary Fund downgraded its outlook for global economic growth in June, anticipating a contraction of 4.9% for 2020. Yet for others, such as the small but persistent group of economists and others known as the “degrowth movement,” the Covid-induced economic slowdown has a silver lining.

The search for silver linings to the coronavirus pandemic has come up woefully short. But one hopeful — and much talked of — prospect is that the disruption will accelerate the global shift to a more sustainable energy future.

Rebecca Davis Gibbons writes that having a full appreciation of the consequences of nuclear weapons and their place in society means learning from the stories of the survivors of Hiroshima and Nagasaki—but also from the stories from other survivors of nuclear explosions: those who lived and worked adjacent to testing sites in Algeria, French Polynesia, Australia, the United States, France, the Republic of the Marshall Islands, Western China, and Kazakhstan.