Asia & the Pacific

In late 2017, Mexico made headlines as Italian company Enel bid what was then a world-record low price for renewable energy in the country’s third such energy auction. This development was possible due to the historical and sweeping energy reforms passed with broad support in Mexico in 2013. Then-President Enrique Peña Nieto had succeeded where previous Mexican presidents had failed, reversing decades of resource nationalism and overhauling the energy sector through constitutional reforms that gave the private sector a larger role and advantaged renewable energy in Mexico’s economy. The 2017 auction seemed to indicate Mexico’s bright future not only as a conventional oil producer, but also as a clean energy power.

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.

Stephen M. Walt advises presidential candidate Joe Biden to embrace nationalism while reaffirming liberal values: They are an election-winning combination.

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.

Juergen Braunstein and Sachin Silva argue that sovereign wealth funds may be central to governments' efforts to balance public responsibility with private interests in post-pandemic economies.

The authors describe how the current coronavirus outbreak demonstrates how hospitals and clinics, when overwhelmed, leave a significant portion of the afflicted population unattended.

The Project on Europe and the Transatlantic Relationship (PETR) and the Asia Center will be hosting a new event series over the course of the Fall and Spring semesters of the 2019-2020 academic year, focusing on China's rise and its implications on the transatlantic relationship.

Macron's second official visit to the country should be about more than feeding the growing appetite for consumption by the Chinese. Rather, Macron ought to use his meetings with his Chinese counterpart and other top officials to boldly advance a broader European agenda on issues ranging from climate change to intellectual property and even to human rights.

Over the years, China has become increasingly powerful politically, diplomatically, militarily. Xi acknowledged China’s intention of reaching the top position in a number of key-sectors such as robotics, AI, electric cars, biotech and aviation. Moreover, China expanded its programs such as the Belt and Road Initiative. This strategy has been met with a strong pushback from America as well as a number of countries in South Asia, Central Asia, Eastern Europe and Africa.