Tag Archives: Economics

Your rules or mine?

COMMUTERS BETWEEN MARIN COUNTY and San Francisco in northern California are getting used to a new spectacle during rush hour. Vast, ungainly container ships, bearing China’s flag and name, plough along under the glorious Golden Gate Bridge. They are bringing goods into the Port of Oakland—and taking back America’s trade deficit. Any pleasure yachts zipping […]

China offers ASEAN friendship, loans as South China Sea tension bubbles

(Reuters) – China’s Prime Minister Li Keqiang proposed a friendship treaty with Southeast Asian countries and offered $20 billion in loans on Thursday but held firm on the line that Beijing will only settle South China Sea disputes directly with other claimants. China, Taiwan and four members of the Association of Southeast Asian Nations (ASEAN) […]

Chinese naval push could affect global trade

Tensions in the South China Sea—scene of naval standoffs in the past year as China has pressed its smaller neighbors on the open sea—may seem far off to many Western investors, but any conflict in the region could affect the global economy. Coast guard vessels from China (rear) and Vietnam in a disputed part of […]

What China wants

MATTHEW BOULTON, James Watt’s partner in the development of the steam engine and one of the 18th century’s greatest industrialists, was in no doubt about the importance of Britain’s first embassy to the court of the Chinese emperor. “I conceive”, he wrote to James Cobb, secretary of the East India Company, “the present occasion to […]

China and the United States: Destined to cooperate over ‘core interests’

The 21st century will be defined by the relationship between the American superpower and rising China. A new Cold War would threaten the world order while a mutually beneficial association could bring all prosperity. The latter scenario is more likely. The geography, economies, and energy resources of the US and China align their “core interests.” […]

Of Course China Wants to Replace the U.S.

Over at The Week, Think Progress’s Zack Beauchamp has a provocative piece arguing that “China is not replacing the United States as the global hegemon. And it never will.” Specifically, Beauchamp posits that “China faces too many internal problems and regional rivals to ever make a real play for global leadership. And even if Beijing […]

Moderating The China Threat

The empirical limitations of classical realism’s focus on balances of power are well understood. The theory goes that states balance against other threats simply based on the arithmetic of military hardware, which leads to all sorts of nasty arms races and security dilemmas. Of course, empirically we see examples of states – particularly smaller states […]

Towards a Strategic Framework for Management of the West Philippine Sea: A White Paper by the WPS Informal Expert Group

Tensions among rival claimant-states to the waters and land features of the South China Sea (SCS) – particularly China, the Phihppines and Vietnam – have escalated significantly in the last several years, bringing the Philippines to center stage as a key participant in the future of security and stability in our part of the world. […]