Energy

Philippe Le Corre of the Harvard Kennedy School says the concept of China's Belt and Road Initiative is still "fairly vague." He adds that European countries should discuss the idea of reciprocity with Beijing, so that it won't be a "one-way road."

Since ascending to China’s top leadership, Xi Jinping has become well-known for his frequent overseas travels. Now that the annual session of the National People’s Congress is nearly over, the Chinese president can look forward to a busy international agenda, writes Philippe Le Corre.

President Xi Jinping travels to Italy and France this month for his first overseas trip of 2019. His visit comes soon after the European Commission labeled China a “systemic rival” and “economic competitor.”

A surge of U.S. oil production has reduced Washington’s need for imports, leaving China as the world’s largest purchaser of crude in global markets. Meanwhile, Beijing has become the largest trading partner of Saudi Arabia, the United Arab Emirates, Kuwait and Oman, as well as Iraq, Iran, Egypt and Lebanon. Now, with synergy between Xi Jinping’s One Belt, One Road and Vision 2030, the stars seem aligned for a Saudi-Sino alliance to displace American influence in the Gulf.

Following on our annual conference, in which China’s Belt and Road Initiative was discussed in detail, Philippe Le Corre of the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School writes about the perceptions that Beijing will have to overcome in Kazakhstan, where the government is keen on investment, but the people less so.

The Trump administration has never shown much interest in human rights. Last year, it pulled the United States out of the U.N. Human Rights Council. In 2017, within months of President Trump’s inauguration, then-Secretary of State Rex Tillerson said diplomats should not let human rights values become “obstacles” to achieving national goals. Trump has spoken favorably about some of the world’s most vicious dictators.

As American and Chinese trade representatives continue to discuss the two countries’ ongoing trade war, the architects of Middle East’s ambitious renewable energy policies are watching closely for opportunities to expand their burgeoning green industries. Regional leaders from across industry, government, and academia have recently gathered at the World Future Energy Summit and the Jubail Energy Management Conference, and the trade war has been high on the agenda.

China hopes to see good results from trade talks with the United States, the country’s foreign ministry said on Monday (Feb 11), as the the latest round of negotiations began in Beijing.  

GRAND RAPIDS, United States, Feb. 8 (Xinhua) -- While the United States and China may compete in economy and trade, they should also work together to combat global challenges, said a former senior U.S. diplomat here on Friday. 

China sees itself as a leading world power that asserts its interests and shapes global affairs accordingly.