China Policy Institute: Analysis

China’s overseas investment: Opportunities and Challenges.

Written by Robert Taylor.

Aspiring to expedite the emergence of their country as a global economic power, in late 2000 the Chinese Communist Party (CCP) leaders launched the ‘going out strategy ‘ as one of the pillars of economic and social development, integral to which is the promotion of outward foreign direct investment. In the early years of China’s post-1978 reforms, overseas inward participation in the domestic economy had been invited to enhance managerial and technological competence. China’s outward investment now takes this process a stage further. In manufacturing, for example, the focus is on new advanced technology and expertise in specific managerial skills relating to marketing and branding. Continue reading “China’s overseas investment: Opportunities and Challenges.”

Introduction to Special Issue on Chinese overseas investment.

Written by James Farley.

Overseas investment has long been a vital part of China’s economic strategy.  During the difficult reconstruction period following 1949, resources were allocated to overseas investment as a means to engage with the wider world and form relationships with the stated aim of mutually beneficial development.  In more recent years, the nature of Chinese overseas investment has diversified considerably. Investors have engaged to an even greater degree with economies in Europe, the United States, Australia and Canada as well as continuing to foster strong links with developing countries. The rationale has remained the same, China still speaks of mutually beneficial development, but the challenges it now faces, as it engages with advanced economies, are rather different. In this special issue series of CPI: Analysis, we will explore the current state of Chinese overseas investment, considering both the challenges and opportunities that exist in the coming years. Continue reading “Introduction to Special Issue on Chinese overseas investment.”

High-tech China-US arms race threatens to destabilise East Asia

Written by James Samuel Johnson.

After decades of peace, East Asia is racked with tension – and its two dominant military powers are jostling for supremacy in an extremely alarming way.

The US and China are accumulating increasingly advanced military systems to enable and enhance the assets they already have. With the Trump administration’s foreign policy still unclear and China’s aspirations to regional supremacy as ambitious as ever, they are racing to deny each other the upper hand by rolling out new military assets. Continue reading “High-tech China-US arms race threatens to destabilise East Asia”

China’s new anti-corruption body raises worrying questions about the rule of law

Written by Zhiqiong June Wang.

Corruption is thought to cost China US$86 billion each year. Widespread corruption at all levels of Chinese society also worsens economic inequality, which could potentially lead to social unrest.

Although no one doubts the importance of efforts to curb graft, anti-corruption campaigns under the leadership of Chinese President Xi Jinping have been controversial. Continue reading “China’s new anti-corruption body raises worrying questions about the rule of law”

The Belt and Road Initiative: China’s vision for globalisation, Beijing-style

Written by Benjamin Habib and Viktor Faulknor.

China’s Belt and Road Initiative (BRI) is a multifaceted economic, diplomatic and geopolitical undertaking that has morphed through various iterations, from the “New Silk Road” to “One Belt One Road”.

The BRI imagines a US$1.3 trillion Chinese-led investment program creating a web of infrastructure, including roads, railways, telecommunications, energy pipelines, and ports. This would serve to enhance economic interconnectivity and facilitate development across Eurasia, East Africa and more than 60 partner countries. Continue reading “The Belt and Road Initiative: China’s vision for globalisation, Beijing-style”

As tensions in the region rise, Japan again debates its pacifist constitution

Written by Craig Mark.

Japan could finally be gearing up for the first-ever change to its constitution. In a recent video address to a pro-constitutional revision lobby group on the Constitution Day public holiday, Prime Minister Shinzo Abe declared “the time is ripe” to begin a debate on possible change.

This is the clearest statement yet of Abe’s ambition to alter the pacifist Article 9 of the Constitution. He set a target date of 2020, when he hopes Japan will “be born anew”. Continue reading “As tensions in the region rise, Japan again debates its pacifist constitution”

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