Asia & the Pacific

Eric Rosenbach, Co-Director of the Belfer Center, testified on "China: Challenges for U.S. Commerce" before the U.S. Senate Committee on Commerce, Science and Transportation, Thursday March 7, 2019.

The United States' extended system of security commitments creates a set of institutional relationships that foster political communication. Alliance institutions are first about security protection, but they also bind states together and create institutional channels of communication. For example, NATO has facilitated ties and associated institutions that increase the ability of the United States and Europe to talk to each other and to do business. Likewise, the bilateral alliances in East Asia also play a communication role beyond narrow security issues. Consultations and exchanges spill over into other policy areas. This gives the United States the capacity to work across issue areas, using assets and bargaining chips in one area to make progress in another.

"China narrowed the gap in terms of gross domestic product (GDP) and will likely overtake the United States as the world's largest economy sometime between 2015 and 2040. What matters for national power, however, is not gross wealth, but net wealth—the wealth left over after people are clothed and fed. China's 1.3 billion people produce a large volume of output, but they also consume most of it immediately, leaving little left over for national purposes."

"...[F]oreign fighter mobilizations empower transnational terrorist groups such as al-Qaida, because war volunteering is the principal stepping-stone for individual involvement in more extreme forms of militancy. For example, when Muslims in the West radicalize, they usually do not plot attacks in their home countries right away, but travel to a war zone such as Iraq or Afghanistan first. A majority of al-Qaida operatives began their militant careers as war volunteers, and most transnational jihadi groups today are by-products of foreign fighter mobilizations."

"...[T]he Copenhagen Accord is "only" a political agreement, so it does not provide sufficient assurance that countries will take action. But how much difference does it make that the Copenhagen Accord is a political rather than a legal agreement? Obviously, political agreements do not require domestic ratification, so they provide a weaker signal of domestic commitment. But the legal versus non-legal form of an instrument makes less of a difference in other respects, such as judicial enforcement, since even when an agreement is legally-binding, there are relatively few opportunities for adjudication either internationally or domestically. And evidence from other regimes suggests that states often take non-binding agreements quite seriously and make significant efforts to implement them."

On September 28, North Korean state media announced that Kim Jong-il's third son, Kim Jong-eun, was promoted to the rank of four-star general just prior to the opening of the Workers' Party of Korea conference. Kim Jong-eun was later named vice chairman of the Party's Central Military Commission at the conference. These important developments follow the late August meeting between Chinese President Hu Jintao and North Korean leader Kim Jong-il in Changchun, near the Sino-DPRK border, which appears to have cleared the way for this Party conference. After the meeting, both countries' state media reported the leaders' support for the rising generation of the Party — a clear reference to Kim Jong-eun.

Niall Ferguson testifies before the House Committee on Ways and Means about restructuring the economic relations between the United States and China.

The finance of climate mitigation and adaptation in developing countries represents a key challenge in the negotiations on a post-2012 international climate agreement. Finance mechanisms are important because stabilizing the climate will require significant emissions reductions in both the developed and the developing worlds, and therefore large-scale investments in energy infrastructure. The current state of climate finance has been criticized for its insufficient scale, relatively low share of private-sector investment, and insufficient institutional framework. This policy brief presents options for improving and expanding climate finance.