Setback in Sri Lanka for China’s silk road

Sri Lanka's Prime Minister Ranil Wickremesinghe with Chinese President Xi Jingping at the Great Hall of the People in Beijing, China, 16 May, 2017 (Photo: Reuters/Damir Sagolj).

Author: Dániel Balázs, Tongji University

China’s ambitious Belt and Road Initiative (BRI) sets the bar high. It strives to connect Asia, Africa and Europe with the aim of achieving mutual development. Sri Lanka, with its valuable geographic position in the heart of the Indian Ocean, is a crucial participant in Beijing’s newest endeavor. Read more…

China under Deng Xiaoping’s leadership

Author: Ezra F Vogel, Harvard University

When Deng Xiaoping became pre-eminent leader of China in December 1978, China was still in the chaos from the Cultural Revolution. Per capita annual income was less than US$100.

By the time he stepped down in 1992, several hundred million Chinese citizens had been lifted out of poverty, and China was rapidly becoming stronger, richer and more modern.

Read more…

Is peace on the horizon for Myanmar?

Myanmar State Counsellor Aung San Suu Kyi and Myanmar's President Htin Kyaw after the opening ceremony of the 21st Century Panglong Conference in Naypyitaw, Myanmar, 24 May, 2017 (Photo: Reuters/Soe Zeya Tun).

Author: Su Mon Thazin Aung, Institute for Strategy and Policy

Myanmar’s second 21st Century Panglong Conference, which will begin on the 24 May, comes with mixed expectations. Many are cautiously welcoming the event as a step towards amending the 2008 military-drafted constitution. But there are also those concerned that the conference will only serve as a showcase event for the Myanmar government. Read more…

Reenergising the multilateral trading system

A migrant worker sleeps in front of the World Trade Centre building in the financial district of Beijing (Photo: Reuters/David Gray).

Author: Roberto Azevêdo, WTO

Trade has long proven to be an engine for growth and development, and in recent decades the countries of East Asia and the Pacific have been major beneficiaries of this phenomenon. However, many are arguing that this engine of growth and development is in need of repair. Global trade is facing challenging times. In 2016, world trade grew at 1.3 per cent, the slowest pace since the financial crisis. Read more…

Elections in Papua New Guinea’s dysfunctional democracy

Papua New Guinea's Prime Minister Peter O'Neill makes an address to the Lowy Institute in Sydney, Australia, 29 November 2012. (Photo: Reuters/Tim Wimborne).

Author: Bill Standish, ANU

2016 for Papua New Guinea (PNG) was both politically turbulent and economically stressful with government revenues and currency falling, but inflation and deficit rising. The nationwide election in June–July 2017 will be a major measure of the political impact of the government’s critics Read more…

Cambodia, Sri Lanka and the China debt trap

An excavator works on land reclamation at ‘Colombo Port City’ construction site, which is backed by Chinese investment, in Colombo, Sri Lanka, 9 August 2016 (Photo: Reuters/Dinuka Liyanawatte).

Authors: Veasna Var, UNSW Canberra and Sovinda Po, ECNU

The influx of Chinese economic assistance into Sri Lanka and Cambodia has raised questions regarding the intentions behind these massive loans. While China may still be considered a developing economy, its current strategy of providing soft power loans and aid to its regional neighbours is reminiscent of the tributary system that the country employed back in its empire days. Read more…

What does their trade deal tell us about US–China relations?

US President Donald Trump holds a bilateral meeting with China's President Xi Jinping at Trump's Mar-a-Lago estate in Palm Beach, Florida, US, 7 April 2017. (Photo: Reuters, Carlos Barria)

Author: Dong Dong Zhang, ANU

The US–China trade deal announced on 12 May is another clear sign of warming official relations between the United States and China. The deal is an early harvest of the 100 day plan that Xi proposed to Trump to help the United States expand its exports to China. Read more…

Saving the global economic system

Roberto Azevedo, Director-General of the World Trade Organization (WTO) during his speech at the WTO annual Public Forum (Photo: Reuters/Pierre Albouy).

Author: Editors, East Asia Forum

International trade and investment lifts living standards. The evidence for this is irrefutable. And modern economic development is not possible without opening up to international markets, competition and capital.

Read more…

White-papering Australian foreign policy

Australian Foreign Minister Julie Bishop arrives for the morning ministerial plenary for the Global Coalition working to Defeat ISIS at the State Department in Washington, US, 22 March 2017. (Photo: Reuters/Joshua Roberts).

Author: Allan Gyngell, ANU

When the Australian government announced plans for a foreign policy White Paper to provide a ‘comprehensive framework to guide our international engagement over the next 5 to 10 years’, it must have known what a difficult task it had set itself. Read more…

China going nowhere on hukou reform

Migrant workers stand in front of a building at the construction site of Changxiang Gardens development complex in Fengrun District, Tangshan City, Hebei province, China, 28 January 2016. (Photo: Reuters/Damir Sagolj).

Author: Bingqin Li, UNSW

China’s hukou (household registration) system is often criticised for hindering the free movement of labour and creating inequality. In recent years the hukou system has undergone considerable reform. But is this enough to turn around the trends in China’s regional inequality? Read more…