Latest Articles about Economic Diplomacy
Mutiny Undercuts Russian Intrigues in the Global South
The weekend mutiny of the Wagner Group, pathetic as it may look in hindsight, is certain to affect Russia’s ability to sustain its aggression against Ukraine and to repel the ongoing Ukrainian counteroffensive. But it will also resonate in a much wider sense. One of... MORE
A Preliminary Survey of PRC United Front Activities in South Korea
Introduction The People’s Republic of China (PRC) exercises influence over South Korea in multiple ways. Chinese influence operations against Seoul have been characterized as not subtle and even blatant compared to the more covert and subversive methods employed in other countries (China Brief, December 19,... MORE
The Jakarta-Bandung High-Speed Railway and the Future of the Belt and Road Initiative
Introduction On the sidelines of the G20 Summit in Bali, Indonesia, Chinese President Xi Jinping and Indonesian President Joko “Jokowi” Widodo watched over a video livestream as the Jakarta-Bandung high-speed railway (HSR) sped through its first trial run between Tegalluar Station and Casting Yard No.... MORE
Exploring the Domestic Foundations of Chinese Economic Sanctions: The Case of Australia
More than two years have passed since the People’s Republic of China (PRC) began imposing a broad range of restrictions on Australian trade in what is widely regarded to be a campaign of economic coercion. Despite the apparent sanctions affecting numerous Australian export industries with... MORE
Russia’s Pivot to Asia (China) After 2014: The Wrong Turn?
Known as the “Pivot to Asia” and informally announced by Vladimir Putin in early 2012, Russia’s strategic (re)orientation to the Asian markets and China, in particular, seems to be failing to work as planned (Mn.ru, February 27, 2012). New evidence, broken down into five categories,... MORE
China’s Bid to Dominate Electrical Connectivity in Latin America
Introduction On March 31, Chilean regulators unconditionally approved the $3 billion sale of Chile’s Compañía General de Electricidad (CGE) to the Chinese state-owned electric utility company State Grid (InfoBae, March 31). The deal follows China Southern Power Grid’s 2018 purchase of a 27.7 percent interest... MORE
Sino-Australian Relations and the Bumpy Road to the G7 Summit
Introduction The Chinese-born Australian journalist Cheng Lei (成蕾) was formally arrested by the People’s Republic of China (PRC) in early February after having been detained for six months in Beijing. Her arrest was confirmed by the PRC on February 8, with Chinese foreign ministry spokesperson... MORE
China and the Myanmar Junta: A Marriage of Convenience
Introduction On February 1, the Myanmar military (also known as the Tatmadaw) staged a coup to overthrow the democratically elected National League for Democracy (NLD) government and subsequently imposed a year-long state of emergency. NLD leaders, including State Counsellor Aung San Suu Kyi and President... MORE
Development Lending is Down, But the BRI Lives to Fight Another Day
Introduction In the wake of the COVID-19 pandemic’s effects on the global economy, pessimistic analyses of the Belt and Road Initiative culminated with the December 7 publication by Boston University of a dataset covering overseas lending by two of China’s main policy banks, which showed... MORE
Limited Payoffs: What Have BRI Investments Delivered for China Amid the Coronavirus Outbreak?
Introduction The coronavirus outbreak, now declared to be a pandemic by the World Health Organization (WHO, March 11), offers a prism through which to assess how China interacts with the rest of the world in a time of crisis—one that was at first confined to... MORE