Asia & the Pacific

404 Items

Blog Post - Views on the Economy and the World

RMB Reaches 7.0; US Names China a Manipulator

| Aug. 12, 2019

The US-China trade war heated up in the first week of August.  On August 1, Donald Trump abruptly announced plans to impose a 10 % tariff on the remaining $300 billion of imports from China that he had not already hit with earlier tariffs.   The Chinese authorities then allowed their currency, the renminbi (RMB), to fall in value below the highly visible line of 7.0 RMB/$.  The US Administration promptly reacted on August 5 by naming China a “currency manipulator” — the first time any country had been given that designation in 25 years.   Pundits declared a currency war, while investors responded by immediately sending stock markets down.

A prototype Tesla Semi truck at Tesla HQ in California, April 22, 2019.

Flickr/Steve Jurveston

Paper - Environment and Natural Resources Program, Belfer Center

Environmental Implications and Policy Challenges for Bringing Long-Haul Electric Trucks into China: The Case of the Tesla Semi

    Author:
  • Jonathan M. Moch
| July 2019

The Tesla Semi is a battery powered electric long haul truck currently in the prototype phase. Since cost and technological barriers have prevented electric vehicles from making significant inroads into the market for long haul trucks, the announcement of the Tesla Semi marks one of the first major attempts to bring electrification to on-road long haul freight transport. China, as the world’s largest carbon emitter, is an important market for truck electrification. China has a bourgeoning passenger electric vehicle market but, like the rest of the world, is reliant on heavily polluting diesel trucks for on-road freight transport. 

This paper addresses two main questions:

  1. What are the potential impacts on carbon emissions of electric long haul trucks in China? 
  2. What are the barriers to the adoption of electric long haul trucks in China? 

Jeff Schwager, president of Sartori Cheese poses for in front of their plant

AP/Morry Gash

Analysis & Opinions - Project Syndicate

Power and Interdependence in the Trump Era

| July 03, 2019

President Donald Trump's manipulation of America's privileged international system will strengthen other countries' incentives to extricate themselves from US networks of interdependence in the long run. In the meantime, there will be costly damage to the international institutions that limit conflict and create global public goods.

Environmental activists wear masks depicting world leaders during the G-20 Summit in Japan

(AP Photo/Jae C. Hong)

Analysis & Opinions - The Washington Post

The G-20 Is Discussing the "International Liberal Order." That’s a Bad Place to Start a Debate.

| June 28, 2019

The Group of 20 is starting its meeting in Osaka, Japan. According to Japan’s foreign minister, the “highest priority” of the meeting will be to support the liberal international order, which he claims is under threat. However, defending the liberal international order is not as uncontroversial as it seems at first glance.

Donald Trump

AP/Evan Vucci

Analysis & Opinions - Institut Montaigne

The Fall of American Primacy? Interview with Stephen Walt

    Author:
  • Soli Özel
| June 12, 2019

To discuss the future of the world order, America's relations with Europe, the status of Russia, and a Realist's assessment of the China challenge, Soli Özel, Institut Montaigne's Visiting Fellow in international relations, met Professor Stephen Walt in March in his office at the Harvard Kennedy School. 

Workers shovel waste from a wheat farm into a prototype for a biomass machine

AP/Andy Wong

Journal Article - Proceedings of the National Academy of Sciences of the United States of America

Gasification of Coal and Biomass: A Net Carbon-Negative Power Source for Environment-Friendly Electricity Generation in China

    Authors:
  • Xi Lu
  • Liang Cao
  • Haikun Wang
  • Jia Xing
  • Shuxiao Wang
  • Siyi Cai
  • Bo Shen
  • Qing Yang
  • Chris P. Nielsen
  • Michael B. McElroy
| 2019

Deploying coal-bioenergy gasification systems with carbon capture and storage (CBECCS) provides a promising opportunity for China to realize its carbon mitigation and air pollution abatement goals simultaneously. The authors conducted a comprehensive assessment of CBECCS technology for China, with a focus on plant and fuel configurations (e.g., biomass ratios) and economics, as well as CO2 and greenhouse gas emissions and cobenefits for air quality.