Today there is an emerging two China question centering on the future of the country and whether China is best understood as a strong country, one with a promising future despite some short-term difficulties, or whether China’s troubles are structural, with the result that it is in real trouble and its future in some doubt. In short, two very different Chinas.
A surge in Chinese economic and diplomatic involvement in South Asia poses a serious rival for Indian influence in its neighborhood, and could finally unlock the region’s potential, write Ashlyn Anderson and Alyssa Ayres.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that China’s request to include its currency, the renminbi (RMB), in an International Monetary Fund (IMF) currency basket, known as special drawing right (SDR), is political as much as economic in intent and effect. The inclusion would signal a milestone in China’s transition to a less-regulated economy.
Earlier this month, the U.S. Commerce Department reviewed its tariffs on imported Chinese solar panels, originally imposed in 2012 in retaliation against Chinese subsidies and below-market pricing, and opted to maintain the total tariff burden on most panels.
Elizabeth C. Economy and Michael Levi explore how Chinese demand drive global commodity prices, the broader implications of the Chinese slowdown for the global economy and regional security, and consequences of China’s resource quest for the world’s resource-producing states and industries.
The Shanghai Cooperation Organization is expected to welcome India and Pakistan as full members at its fifteenth annual summit in Ufa, Russia. CFR's Elizabeth C. Economy and William Piekos weigh the rewards and risks of expansion.
National People's Congress of China released this draft text on July 6, 2015, and it will be available for public comment through August 2015. The law outlines the Chinese government's goals for security standards for technical systems, networks, and user data. It requires companies with operations in China to comply with government requests for regulating and restricting technology use. See also the broader National Security Law passed on July 1, 2015.
National People's Congress in China passed this law on July 1, 2015. It outlines the government's authority to respond to threats to China's assets and activities in its borders and territories, as well as in cyberspace, space, the deep sea, and polar regions. The law also establishes a national security leadership system for crisis management. On July 6, 2015, the National People's Congress released the text of its proposed Cybersecurity Law that provides additional guidance on technology security standards.
Although China’s increasingly “assertive” international conduct has naturally stirred widespread concern in both Asia and the US, especially regarding the South China Sea, an overview of Beijing’s foreign policy suggests a less alarming perspective. In some major subjects, such as environmental pollution and climate change, there are good prospects for Beijing’s cooperation with the United States and other nations.
As China’s global power grows, Beijing is learning that its image matters. For all its economic and military might, the country suffers from a severe shortage of soft power. According to global public opinion surveys, it enjoys a decidedly mixed international image.
Since the start of its post-Mao reforms in the late 1970s, the communist regime in China has repeatedly defied predictions of its impending demise. The key to its success lies in what one might call “authoritarian adaptation”—the use of policy reforms to substitute for fundamental institutional change.
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