Asia & the Pacific

270 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.

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Analysis & Opinions - Bloomberg Opinion

After Oil: Throwing Money at Green Energy Isn’t Enough

| Sep. 17, 2020

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.

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Analysis & Opinions - Bloomberg Opinion

Pandemic Is Hurting, Not Helping, Green Energy

| Sep. 16, 2020

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.

Shanghai, China

Li Yang / Unsplash

Report

Is China's Hydrogen Economy Coming?

| July 28, 2020

This paper focuses on China and the potential role of renewable hydrogen in accelerating its transition to a low-carbon economy. Our research goal is to provide policymakers and other stakeholders the means to make informed decisions on technology innovation, policy instruments, and long-term investments in enabling infrastructure.