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Foreign Policy Economy Environment Security Society & Culture Pacific Dialogue Magazine Videos
Media Report
November 01 , 2017
  • The Washington Post：South Korea and China move to normalize relations after THAAD dispute
    The Washington Post reports: "After a year of frosty diplomacy and economic pressure, South Korea and China announced Tuesday that they would put aside their differences out of a joint desire to denuclearize the Korean Peninsula. South Korea's Foreign Ministry said the two countries will resume normal relations. "The two sides attach great importance to the Korea-China relationship," a statement from the ministry said. In its own coordinated statement, China's Foreign Ministry said the two nations would work to put their relationship back on a normal track "as soon as possible." China and South Korea have historically deep ties and over the past few decades had enjoyed a close relationship. However, that relationship was deeply damaged last July when Seoul agreed to install the U.S.-owned Terminal High Altitude Area Defense (THAAD) missile defense platform on its land. Though both Seoul and Washington argued the THAAD system had only defensive capabilities, Beijing was concerned about U.S. encirclement as well as the system's sophisticated radar capabilities."
  • CNBC：China wrote Belt and Road Initiative into the party constitution. That makes it riskier than ever
    CNBC reports: "It wasn't just Chinese President Xi Jinping who was written into the Communist Party constitution last week. His pet project, the Belt and Road Initiative was also enshrined in the document, signaling an all-out effort to realize the vision. It also makes the project potentially riskier for investors. The political gilding of the project (originally known in English as "One Belt, One Road") may lead to blind spots in decision-making. The top-down directive from the Communist Party will surely put more pressure on state and private companies to make investment decisions that reflect Beijing's political and strategic aims, said Hugo Brennan, Asia politics analyst at risk consultancy Verisk Maplecroft. "The [initiative's] place at the heart of China's policy-making process is now unquestionable. It will underpin Beijing's overseas investment strategy and activities long into the future," added Brennan. The "centrality" of the Belt and Road project "serves as a significant bottom-up incentive for Chinese executives to position their business activities within its framework, in order to access state financing, receive diplomatic support abroad and garner political favor at home," Brennan added in a note published Monday."
  • Atlantic Council：Trump Risks Ceding World Stage to an Emboldened Xi
    The Atlantic Council comments: "In the wake of Chinese President Xi Jinping's reelection, the Communist Party of China has begun to take steps to realize Xi's vision of China as an authoritative power on the world stage, adeptly exploiting the vacuum created by a lack of US leadership on issues like international development and climate change. Xi was reelected at the conclusion of the nineteenth National Congress of the Communist Party of China on October 23. The outcome of the meeting, which focused on leadership changes, further confirms that Xi's hold over the party is strengthening as he enters his second term. International policy statements adopted at the congress also confirm that a domestically empowered Xi bolsters the party's confidence in China's future on the international stage. Xi's consolidation of power has implications both for domestic policy and China's international engagement, particularly when it comes to energy and climate... As Xi's momentum is growing, China will assert itself more confidently beyond its borders under his leadership. For the Trump administration, and the West more broadly, it is essential for Washington to develop a coherent foreign policy approach that both strategically grapples with China as a rising power and also speaks to the issues important to developing countries, particularly when it comes to economic development and climate. A failure to do so will cede this ground to China, an outcome the United States should seek to avoid.
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