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China Policy Institute: Analysis

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John Pollock

China’s leaders and citizens are losing patience with North Korea

Written by Yu Tao. 

China is generally considered the only major ally of North Korea, a regime viewed around the world as cruel, evil, and backward. But whatever the government in Beijing might think of its troublesome neighbour on the other side of the Yalu River, many Chinese people have developed a rather cooler attitude.

For some time now, China’s official discourse has framed its relation with North Korea as comradely and brotherly. This closeness goes back decades; even modest estimates say that during the Korean War of 1950-3, when China backed North Korea, well over 100,000 soldiers lost their lives. Most were young men in their early 20s, and some of their remains were only returned to China very recently. Continue reading “China’s leaders and citizens are losing patience with North Korea”

China’s unloading of FX reserves, spillbacks, and quantitative tightening

Written by Miriam L. Campanella.

China’s economic strength often is referred to $3 trillion in foreign currency reserves. Piled up since the 90s with the start of the new economic policy, the composition of this wealth is made up by 70 percent (or $2.3 trillion)  in U.S. dollar assets.  Yet, , if China  were  planning for a sell-out, the Fed’s zero-bound interest rate and a  depreciating dollar,  would  earn  China  very little of these riches. Continue reading “China’s unloading of FX reserves, spillbacks, and quantitative tightening”

Why China is serious about becoming the global leader on climate change

Written by David Tyfield.

Xi meets Trump: how charisma and personality can ensure peace and prosperity

Written by Kerry Brown.

For all the focus on high strategy and grand geopolitical narratives, at the end of the day summits between global leaders are largely lost or won according to the personal chemistry that exists between the principle players.

Ronald Reagan famously got along with the USSR’s Mikhail Gorbachev, bringing about major non-proliferation deals. Richard Nixon, despite coming from an utterly different cultural and political background, enjoyed a strange bond with the Chinese premier Zhou Enlai in the early 1970s, pushing forward the historic US China rapprochement. So if Donald Trump and Xi Jinping get along, it could mean peace and prosperity for not just the US and China, but the world in general. Continue reading “Xi meets Trump: how charisma and personality can ensure peace and prosperity”

Creative Ideas for Conflict Resolution in the Taiwan Strait Must be Based on Facts

Written by J. Michael Cole.

In an article published in the Diplomat on 4 April, Dr. Liu Yawei, director of the China Program at the Carter Center and founding editor of the U.S.-China Perception Monitor, proposes five areas in which U.S. President Donald Trump and his Chinese counterpart, President Xi Jinping, could cooperate after their groundbreaking meeting in Florida later this week. Continue reading “Creative Ideas for Conflict Resolution in the Taiwan Strait Must be Based on Facts”

Learning to live with a nuclear North Korea?

Written by Nick Bisley.

North Korea has been on a long march to acquire a usable nuclear weapon. Since 2011, when Kim Jong-un replaced his father at the head of the Democratic People’s Republic of Korea, the pace of that march has quickened markedly.

Contrary to claims made by Nikki Halley, the new US ambassador to the UN, North Korea’s leader is not crazy – he has decidedly rational motives. Kim wants nuclear weapons to provide security from a world that he believes threatens North Korea’s existence. Continue reading “Learning to live with a nuclear North Korea?”

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