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Asia Unbound

CFR experts give their take on the cutting-edge issues emerging in Asia today.

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Showing posts for "China"

Friday Asia Update: Top Five Stories for the Week of November 21, 2014

by Guest Blogger for Elizabeth C. Economy
China?s President Xi Jinping (L) listens as Australia's Prime Minister Tony Abbott speaks after a signing ceremony for a free trade deal at Parliament House in Canberra November 17, 2014. China and Australia on Monday signed a declaration of intent on a landmark free trade deal more than a decade in the making, opening up markets worth billions to Australia and loosening restrictions on Chinese investment. Xi is on a three-day official visit to Australia following the G20 leaders summit which was held in Brisbane over the weekend. REUTERS/David Gray (AUSTRALIA - Tags: POLITICS BUSINESS) China's President Xi Jinping (L) listens as Australia's Prime Minister Tony Abbott speaks after a signing ceremony for a free trade deal at Parliament House in Canberra on November 17, 2014. (David Gray/Courtesy Reuters)

Ashlyn Anderson, Lauren Dickey, Darcie Draudt, Andrew Hill, Will Piekos, and Sharone Tobias look at the top stories in Asia today.

1. Japan slips into recession, dissolves lower house. New economic data released Monday morning showed that Japan had lapsed into recession, striking yet another serious blow to Prime Minister Shinzo Abe’s vaunted economic recovery policy and leading some to ask if this is the end of Abenomics. In a bid to win popular mandate for his economic policies, Abe announced he would delay a planned increase to the national sales tax and dissolve the lower house of Japan’s parliament. On Friday afternoon, lawmakers in the house of representatives chanted “Banzai!” as they disbanded. Snap elections are expected to take place in mid-December, and while Abe’s ruling Liberal Democratic Party may lose a number of seats, they are overwhelmingly expected to maintain their majority and could potentially increase their power. Read more »

India and U.S. Higher Education: Strong Indian Presence in the United States, but Americans Studying in India Still Meager

by Alyssa Ayres
Second EducationUSA Fair, Kolkata 2014. Photo by Biswarup Ganguly licensed under CC BY 3.0 / Cropped from original. Second EducationUSA Fair, Kolkata 2014. Photo by Biswarup Ganguly licensed under CC BY 3.0 / Cropped from original.

This week the Institute for International Education (IIE) released the latest survey data on foreign students, study abroad, and U.S. higher education. The survey, Open Doors, comes out annually and draws on data collected from around three thousand U.S. colleges and universities. Indian students are a strong presence on U.S. campuses, contributing an estimated $3.3 billion to the U.S. economy as IIE reports, using U.S. Department of Commerce data. This year, the number of Indian students in the United States surpassed the 100,000 mark, ticking up to 102,673, keeping India the number two country of origin for foreign students in the United States. Read more »

Friday Asia Update: Top Five Stories for the Week of November 14, 2014

by Guest Blogger for Elizabeth C. Economy
Asia Pacific Economic Cooperation (APEC) nations' leaders and spouses pose for a family photo in Beijing November 10, 2014. REUTERS/Kevin Lamarque (CHINA - Tags: POLITICS) Asia-Pacific Economic Cooperation (APEC) nations' leaders and spouses pose for a family photo in Beijing on November 10, 2014. (Kevin Lamarque/Courtesy Reuters)

Ashlyn Anderson, Lauren Dickey, Darcie Draudt, Andrew Hill, Will Piekos, and Sharone Tobias look at the top stories in Asia today.

1. Obama and Xi strike deals at APEC summit. The Asia-Pacific Economic Cooperation (APEC) forum proved remarkably productive for U.S.-China relations this week. U.S. President Barack Obama and Chinese President Xi Jinping jointly announced commitments to cut carbon emissions, and agreed to a reduction in tariffs on a range of technology products, to greater communication between their militaries in the Pacific, and to extend the duration of visas. Though these agreements are certainly a welcome change from years of stagnating relations, underlying issues still remain. China and the United States have fundamentally different visions of Asia’s security and trade architecture that are not easily reconciled. Read more »

Obama’s Big China Win at APEC: Not What You Think

by Elizabeth C. Economy
U.S. President Barack Obama (L) shakes hands with China's President Xi Jinping during the Asia Pacific Economic Cooperation (APEC) forum, at International Convention Center at Yanqi Lake in Beijing November 11, 2014. REUTERS/Kim Kyung-Hoon (CHINA - Tags: BUSINESS POLITICS) U.S. President Barack Obama (L) shakes hands with China's President Xi Jinping during the Asia Pacific Economic Cooperation (APEC) forum, at International Convention Center at Yanqi Lake in Beijing November 11, 2014. (Kim Kyung-Hoon/Courtesy Reuters)

Let’s be clear, the United States won big this week, but not for the reasons most people think. The media and China analysts have focused overwhelmingly on the climate deal, touting the new commitments from both the United States and China as exceptional, even “historic.” But this is missing the forest for the trees. The real win for U.S. President Barack Obama is keeping China in the tent or, in political science speak, reinforcing Beijing’s commitment to the liberal international order. Read more »

Michael Levi: What the Big U.S.-China Climate Announcement Means

by Guest Blogger for Elizabeth C. Economy
A worker inspects solar panels at a solar Dunhuang, 950km (590 miles) northwest of Lanzhou, Gansu Province September 16, 2013. China is pumping investment into wind power, which is more cost-competitive than solar energy and partly able to compete with coal and gas. China is the world's biggest producer of CO2 emissions, but is also the world's leading generator of renewable electricity. Environmental issues will be under the spotlight during a working group of the Intergovernmental Panel on Climate Change, which will meet in Stockholm from September 23-26. REUTERS/Carlos Barria (CHINA - Tags: ENERGY BUSINESS ENVIRONMENT) A worker inspects solar panels at a solar Dunhuang, 950km (590 miles) northwest of Lanzhou, Gansu Province, on September 16, 2013. (Carlos Barria/Courtesy Reuters)

During the Asia-Pacific Economic Cooperation (APEC) forum in Beijing, U.S. President Barack Obama and Chinese President Xi Jinping jointly announced new targets to cut climate pollution in their respective countries. My colleague and co-author Michael Levi explains the implications of this climate change agreement in a post on his blog, Energy, Security, and ClimateI have reposted it here. Read more »

What President Obama Should Bring to Beijing

by Elizabeth C. Economy
U.S. President Barack Obama (R) meets China's President Xi Jinping, on the sidelines of a nuclear security summit, in The Hague March 24 2014. Obama began crisis talks with his European allies on Monday after Ukraine announced the evacuation of its troops from Crimea, effectively yielding the region to Russian forces which stormed one of Kiev's last bases there. Obama, who has imposed tougher sanctions on Moscow than European leaders over its seizure of the Black Sea peninsula, will seek support for his firm line at a meeting with other leaders of the G7 - a group of industrialised nations that excludes Russia, which joined in 1998 to form the G8. REUTERS/Kevin Lamarque (NETHERLANDS - Tags: POLITICS TPX IMAGES OF THE DAY PROFILE) U.S. President Barack Obama (R) meets China's President Xi Jinping, on the sidelines of a nuclear security summit, in The Hague on March 24 2014. (Kevin Lamarque/Courtesy Reuters)

In a world of foreign policy resets, rethinks, and redoes, U.S. President Barack Obama’s China strategy is right on track. The Asia pivot or rebalance makes core U.S. interests—freedom of trade and investment, freedom of navigation, and human rights—clear to Beijing in an effective and compelling manner. And within this framework, the United States has engaged China on multiple fronts, including expanding the military-to-military relationship, restarting talks on a bilateral investment treaty (BIT), and supporting all manner of capacity building in the legal, environmental, and public health arenas. Read more »

Japan and China Get to Yes on an Abe-Xi Summit

by Sheila A. Smith
Former Japanese Prime Minister Yasuo Fukuda (L), chairman of the Boao Forum for Asia, meets Chinese President Xi Jinping at the Great Hall of the People in Beijing October 29, 2014. (Courtesy REUTERS/Kyodo News/Takaki Yajima/Pool) Former Japanese Prime Minister Yasuo Fukuda (L), chairman of the Boao Forum for Asia, meets Chinese President Xi Jinping at the Great Hall of the People in Beijing October 29, 2014. (Courtesy REUTERS/Kyodo News/Takaki Yajima/Pool)

On November 7, Japan and China revealed they had reached an understanding on their differences that would allow for a resumption of diplomacy. After several years of a virtual shutdown in bilateral talks, Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping are preparing to meet face-to-face at next week’s APEC meeting. Economic needs may be driving Xi, but strategic concerns are on the top of Abe’s agenda. Read more »

Friday Asia Update: Top Five Stories for the Week of November 7, 2014

by Guest Blogger for Elizabeth C. Economy
Fireworks explode over a screen displaying the APEC logo on the National Stadium, or the "Bird's Nest", during a rehearsal for the opening of the APEC Summit in Beijing, November 4, 2014. Picture taken November 4, 2014. REUTERS/Stringer (CHINA - Tags: POLITICS BUSINESS) CHINA OUT. Fireworks explode over a screen displaying the APEC logo on the National Stadium, or the "Bird's Nest", during a rehearsal for the opening of the APEC Summit in Beijing on November 4, 2014. (Stringer/Courtesy Reuters)

Ashlyn Anderson, Lauren Dickey, Darcie Draudt, Andrew Hill, Will Piekos, and Sharone Tobias look at the top stories in Asia today.

1. Leaders gather in Beijing for Asia-Pacific Economic Cooperation (APEC) forum. A wide range of issues are expected to be addressed throughout the week of APEC meetings, an agenda perceived as tailor-made for China. One of the most important topics is the Free Trade Agreement of the Asia Pacific (FTAAP), an initiative critics fear will take momentum from Trans-Pacific Partnership (TPP) talks. With the aim of rebooting Asia-Pacific growth, Chinese officials also announced a series of economic measures, including more bank credit for high-tech imports and quicker approvals for meat and seafood shipments. Other items on the forum agenda include an anti-corruption transparency network, climate issues, and regional support for the Asian Infrastructure Investment Bank. Read more »

Friday Asia Update: Top Five Stories for the Week of October 31, 2014

by Guest Blogger for Elizabeth C. Economy
A member of a military rescue team pauses during search operations at the site of a landslide at the Koslanda tea plantation near Haldummulla on October 30, 2014. (Dinuka Liyanawatte/Courtesy Reuters) A member of a military rescue team pauses during search operations at the site of a landslide at the Koslanda tea plantation near Haldummulla on October 30, 2014. (Dinuka Liyanawatte/Courtesy Reuters)

Ashlyn Anderson, Lauren Dickey, Darcie Draudt, Andrew Hill, Will Piekos, and Sharone Tobias look at the top stories in Asia today.

1. Vietnam and India strengthen defense and energy ties amid territorial disputes with China. The two nations signed a number of agreements following a meeting this week between Indian Prime Minister Narendra Modi and Vietnamese Prime Minister Nguyen Tan Dung. Most notably, Vietnam agreed to further open its oil and gas sector to India, while India agreed to provide Vietnam with four off-shore patrol vessels. Prior to his two-day state visit, Dung called for a larger Indian role in the South China Sea, in spite of criticism from China. Both Hanoi and New Delhi are embroiled in territorial disputes with Beijing: Vietnam in the South China Sea and India along the Himalayas. Read more »

What Beijing Wants From APEC

by Elizabeth C. Economy
A man (bottom) takes pictures of workers installing lighting on an APEC sign post at the financial district in Beijing, October 28, 2014. Countries at an Asia-Pacific summit in Beijing pledged to pursue "flexible" fiscal policies to support the world economy and job creation, their finance ministers said in a joint statement on Wednesday. REUTERS/Petar Kujundzic (CHINA - Tags: BUSINESS POLITICS SOCIETY) Workers install lighting on an APEC sign post at the financial district in Beijing on October 28, 2014. (Petar Kujundzic/Courtesy Reuters)

The Asia-Pacific Economic Cooperation (APEC) forum is just around the corner, and Beijing is pulling out all the stops. Elegant Chinese limousines will ferry the region’s leaders to and fro. The Gods—or maybe just the Communist Party, in this case—have preordained clear skies (since all factories within polluting distance will be shut down and each day half of all cars will be banned from the road). And Beijing is working hard to patch up political rifts with neighbors such as Vietnam and Japan to ensure that a spirit of collaboration rather than confrontation prevails. Read more »