China's Creation of the Asian Infrastructure Investment Bank
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Unipolarity, State Behavior, and Systemic Consequences
,QWURGXFWLRQ8QLSRODULW\6WDWH%HKDYLRUDQG6\VWHPLF &RQVHTXHQFHV *-RKQ,NHQEHUU\0LFKDHO0DVWDQGXQR:LOOLDP&:RKOIRUWK World Politics, Volume 61, Number 1, January 2009, pp. 1-27 (Article) 3XEOLVKHGE\&DPEULGJH8QLYHUVLW\3UHVV For additional information about this article http://muse.jhu.edu/journals/wp/summary/v061/61.1.ikenberry.html Access provided by Princeton University (22 Oct 2015 15:35 GMT) INTRODUCTION Unipolarity, State Behavior, and Systemic Consequences By G. JOHN IKENBErrY, MICHAEL MASTANDUNO, and WILLIAM C. WOHLFortH MEricAN primacy in the global distribution of capabilities is Aone of the most salient features of the contemporary international system. The end of the cold war did not return the world to multipolar- ity. Instead the United States—already materially preeminent—became more so. We currently live in a one superpower world, a circumstance unprecedented in the modern era. No other great power has enjoyed such advantages in material capabilities—military, economic, techno- logical, and geographical. Other states rival the United States in one area or another, but the multifaceted character of American power places it in a category of its own. The sudden collapse of the Soviet Union and its empire, slower economic growth in Japan and Western Europe during the 1990s, and America’s outsized military spending have all enhanced these disparities. While in most historical eras the distribution of capabilities among major states has tended to be multi- polar or bipolar—with several major states of roughly equal size and capability—the United States emerged from the 1990s as an unrivaled global power. It became a “unipolar” state. Not surprisingly, this extraordinary imbalance has triggered global debate. -
Long Cycles: a Bridge Between Past and Futures Professor Adrian Pop, Ph.D. Lecturer Răzvan Grigoras, Ph.D
6th International Conference on Future-Oriented Technology Analysis (FTA) – Future in the Making Brussels, 4-5 June 2018 Long Cycles: A Bridge between Past and Futures Professor Adrian Pop, Ph.D. National University of Political Science and Public Administration, Bucharest, e-mail: [email protected] Lecturer R ăzvan Grigoras, Ph.D. National Defence University “Carol I”, Bucharest, e-mail: [email protected] Abstract Developing an anti-fragile behaviour by enhancing foresight capacity is a mandatory asset in the risk society. Cycles of continuity and change are preferred topics in the fields of history, economics, and international relations. Although centred on the past, the long cycles theory in general, and George Modelski's model in particular, might offer valuable insights into probable futures that might be involved in the planning practice of international actors. By identifying recurring historical patterns, one could extrapolate future developments. However, the key assumption of the paper is that possible novel developments are bound to be influenced by a series of drivers, both trends and wild cards. Therefore, it is necessary to increase the predictive capacity of the long cycle theory by using future study methodologies. The present paper attempts to suggest some ways for doing that in a two-step progressive method. The first step is to identify the most important drivers that could trigger deviations from the extrapolation of historical patterns identified by the long cycles theory and to quantify the expected shifts in the distribution power by using four indexes: the Foreign Bilateral Influence Capacity (FBIC) Index, the Global Power Index (GPI), the Gross Domestic Product (GDP), and the State of the Future Index (SOFI). -
The New Silk Roads: China, the U.S., and the Future of Central Asia
NEW YORK UNIVERSITY i CENTER ON INTERNATIONAL COOPERATION The New Silk Roads: China, the U.S., and the Future of Central Asia October 2015 Thomas Zimmerman NEW YORK UNIVERSITY CENTER ON INTERNATIONAL COOPERATION The world faces old and new security challenges that are more complex than our multilateral and national institutions are currently capable of managing. International cooperation is ever more necessary in meeting these challenges. The NYU Center on International Cooperation (CIC) works to enhance international responses to conflict, insecurity, and scarcity through applied research and direct engagement with multilateral institutions and the wider policy community. CIC’s programs and research activities span the spectrum of conflict, insecurity, and scarcity issues. This allows us to see critical inter-connections and highlight the coherence often necessary for effective response. We have a particular concentration on the UN and multilateral responses to conflict. Table of Contents The New Silk Roads: China, the U.S., and the Future of Central Asia Thomas Zimmerman Acknowledgments 2 Foreword 3 Introduction 6 The China-Pakistan Economic Corridor 9 Chinese Engagement with Afghanistan 11 Conclusion 18 About the Author 19 Endnotes 20 Acknowledgments I would like to thank the Shanghai Academy of Social Sciences (SASS) for its support during the research and writing of this paper, particularly Professor Pan Guang and Professor Li Lifan. I would also like to thank Director Li Yihai, and Sun Weidi from the SASS Office for International Cooperation, as well as Vice President Dong Manyuan, and Professor Liu Xuecheng of the China Institute for International Studies. This paper benefited greatly from the invaluable feedback of a number of policy experts, including Klaus Rohland, Andrew Small, Dr. -
China Going Global: Between Ambition and Capacity
China Going Global between ambition and capacity China Policy, Beijing April 2017 China Going Global between ambition and capacity contents 1 strategy 3 2 going global 1.0 3 3 going global 2.0 4 4 belt and road 6 5 capacity cooperation 8 6 risks of going global 9 7 china solution: 11 between ambition and capacity cover photo Colombo Port 10 April 2017 courtesy Hu Yifan, China Policy China Going Global: between ambition and capacity 1 strategy Emerging in 1999, the Going Global strategy sought to bid farewell to the Mao-era mindset of self-reliance, urging Chi- nese firms to take advantage of booming world trade to invest in global markets. As an ideological as well economic departure, it frames Chi- na’s ambitions for global leadership and cooperation. Un- der the Xi–Li leadership, Going Global has evolved to reflect domestic goals: moving from an investment- to an innova- tion-driven economy, and bolstering Party claims to legitima- cy by becoming an effective global actor. Led by two high-profile initiatives—Belt and Road and Capac- ity Cooperation—Going Global 2.0 is the policy rubric behind China’s claims to now be the ‘champion of free trade’. Going Global cartoon 2012. ‘IPO response’ fighters head towards a distant city, taking off from aircraft carrier ‘Chinese firms’ 2 going global 1.0 policy challenge The first years of Going Global coincided with China’s 2001 admission to the WTO. It hit high gear under the Hu–Wen adapt global engagement to balance leadership (2002–12). The global financial crisis (2008–10) soft power and return on investment saw aspirations peak: the Party moved from thinking of the country as a late-starting outlier, to possessing unique cul- tural solutions for other nations’ problems. -
Policies Governing China's Overseas Development Finance
MARCH 2018 | NUMBER 016 THE CENTER FOR CLIMATE POLICY LAB INTERNATIONAL THE FLETCHER SCHOOL ENVIRONMENT & RESOURCE POLICY TUFTS UNIVERSITY Policies Governing China’s Overseas Development Finance Implications for Climate Change Kelly Sims Gallagher and Qi Qi Policies Governing China’s Overseas Development Finance Implications for Climate Change Table of Contents PAGE 1. Introduction 2 2. “Who’s who” in China’s Overseas Green Finance Policy Landscape 5 3. China’s Regulatory Structure for Overseas Investment 8 Abstract 4. China’s Policies Encouraging Socially-Responsible Overseas Investment 12 China’s foreign direct investment began to grow in 1999, and gained further 5. China’s Efforts to Green its Banking System 22 momentum when President Xi Jinping launched the Belt and Road Initiative 6. Comparing Policies Influencing Green Investments at Home and Abroad 26 (BRI) in 2013. China is now the largest investor in least-developed countries, in developing Asia, and the fourth-largest investor in Africa. Motivated by concerns 6.1. Industrial Investments that are Encouraged, Restricted, or Prohibited 26 about the carbon consequences of China’s overseas investments, this paper 6.2. The Direct and Indirect Effects of China’s Industrial Policies 31 identifies and evaluates Chinese policies governing China’s overseas investments, 6.3. Chinese Financial Institutions 32 and focuses particularly on how those policies influence environmental outcomes in recipient countries. Policies governing domestic investments are also examined 6.4. The Impact of the Green Credit Policy on Commercial Banks 39 with a view to clarifying inconsistencies between domestic and overseas policies. 6.5. The Impact of China’s Green Bond Policy 45 7. -
The Shanghai Cooperation Organization an Assessment
VIVEKANANDA INTERNATIONAL FOUNDATION The Shanghai Cooperation Organization: An Assessment ISSUE BRIEF Vivekananda International Foundation 3, San Martin Marg, Chanakyapuri, New Delhi – 110021 Copyright @ Vivekananda International Foundation, 2015 Designed, printed and bound by IMPRINT SERVICES, New Delhi All rights reserved. No part of this may be reproduced or utilized in any form, or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without prior permission in writing from the publishers. The Shanghai Cooperation Organization: An Assessment by Nirmala Joshi About the Author Professor Nirmala Joshi Nirmala Joshi is a former Professor of the Centre for Russian and Central Asian Studies of the School of International Studies, Jawaharlal Nehru University, New Delhi. She is currently Director of a New Delhi based think tank The India Central Asia Foundation. She was also Research Advisor at the United Service Institution of India from September 2012 to October 2014. Apart from heading the Centre at the J N U, Prof Joshi was also the Director of the University Grants Commission's Programme on Russia and Central Asia. She has been a member of the Indian Council for Social Science Research's Indo Russian Joint Commission for Co-operation in Social Sciences. She was a Member of the University Grants Commission Standing Committee on Area Studies in 2002, and a Nominated Member of the Executive Council of the Indian Council of World Affairs by the Government of India in 2001. Professor Nirmala Joshi has travelled extensively abroad and within the country to participate in international conferences on the Eurasian region. -
New Foreign Policy Actors in China
Stockholm InternatIonal Peace reSearch InStItute SIPrI Policy Paper new ForeIgn PolIcy new Foreign Policy actors in china 26 actorS In chIna September 2010 The dynamic transformation of Chinese society that has paralleled linda jakobson and dean knox changes in the international environment has had a direct impact on both the making and shaping of Chinese foreign policy. To understand the complex nature of these changes is of utmost importance to the international community in seeking China’s engagement and cooperation. Although much about China’s foreign policy decision making remains obscure, this Policy Paper make clear that it is possible to identify the interest groups vying for a voice in policy formulation and to explore their policy preferences. Uniquely informed by the authors’ access to individuals across the full range of Chinese foreign policy actors, this Policy Paper reveals a number of emergent trends, chief among them the changing face of China’s official decision-making apparatus and the direction that actors on the margins would like to see Chinese foreign policy take. linda Jakobson (Finland) is Director of the SIPRI China and Global Security Programme. She has lived and worked in China for over 15 years and is fluent in Chinese. She has written six books about China and has published extensively on China’s foreign policy, the Taiwan Strait, China’s energy security, and China’s policies on climate change and science and technology. Prior to joining SIPRI in 2009, Jakobson worked for 10 years for the Finnish Institute of International Affairs (FIIA), most recently as director of its China Programme. -
A) China's Development Assistance in PNG, Samoa and Tonga
The Development Needs of Pacific Island Countries Report prepared by: Graeme Smith, George Carter, Mao Xiaojing, Almah Tararia, Elisi Tupou and Xu Weitao The Development Needs of Pacific Island Countries DISCLAIMER: The analysis and policy recommendations of the research paper do not necessarily reflect the views of the United Nations Development Programme, its Executive Board or its Member States. The designations employed in the paper do not imply the expressions of any opinion whatsoever on the part of the Secretariat of the United Nations or UNDP concerning the legal status of any country, territory, city or area or its authorities, or concerning the delimitation of its frontiers or boundaries. The recommendations of the paper are solely the views of the researchers and do not reflect the views of any government, including Australia, China, Tonga, Samoa, or Papua New Guinea, or other; or other organization. All rights reserved. Any part of this publication may be quoted, copied, or translated by indicating the source. No part of this publication may be used for commercial purposes without prior written permission from UNDP China. The Development Needs of Pacific Island Countries Table of Contents List of Abbreviations ................................................................................................................ 1 List of Tables and Figure ......................................................................................................... 3 1. An Introduction to the Research Project ........................................................................ -
Urban China China
URBAN CHINA URBAN URBAN CHINA CHINA TOWARD EFFICIENT, CITIES AND SUSTAINABLE INCLUSIVE, INCLUSIVE, AND TOWARD EFFICIENT, SUSTAINABLE URBANIZATION INCLUSIVE, AND BUILDING EFFICIENT, BUILDING EFFICIENT, SUSTAINABLE URBANIZATION The World Bank Development Research Center of the State Council, The People’s Republic of China ISBN 978-1-4648-0206-5 90000 9781464 802065 SKU 210206 Urban China Urban China Toward Efficient, Inclusive, and Sustainable Urbanization The World Bank Development Research Center of the State Council, the People’s Republic of China Washington, DC © 2014 International Bank for Reconstruction and Development / The World Bank and the Development Research Center of the State Council, P. R. China 1818 H Street NW, Washington DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org Some rights reserved 1 2 3 4 17 16 15 14 This work is a product of the staff of The World Bank and the Development Research Center of the State Council, P.R. China. Note that neither The World Bank nor the Development Research Center of the State Council, P. R. China necessarily own each component of the content included in the work. The World Bank and the Development Research Center of the State Council, P. R. China therefore do not warrant that the use of the content contained in the work will not infringe on the rights of third parties. The risk of claims resulting from such infringement rests solely with you. The findings, interpretations, and conclusions expressed in this work are those of the authors and do not necessarily reflect the views of nor imply an official endorsement by The World Bank, its Board of Executive Directors, the governments they represent, or the Government of China. -
1 Actors and Agency in China's Belt and Road Initiative
1 Actors and Agency in China’s Belt and Road Initiative An Introduction Florian Schneider Abstract This introduction provides the context and theoretical background that informs the studies in this volume. It introduces the volume’s common theme: the question of how different actors give shape to BRI projects. It outlines how, rather than treating nation states as singular, monolithic actors, this volume teases apart the way different people and organizations insert themselves into BRI decision-making and implementation. The chapter discusses how we might conceptualize agency in such contexts, drawing together the volume’s findings to arrive at four conclusions: 1) that in understanding the BRI, geographical context matters; 2) that the BRI is a pluralist endeavour rather than a single, unified agenda; 3) that BRI efforts often extend rather than challenge existing politics; and 4) that outcomes depend on the activities of local actors. Keywords: Belt and Road Initiative, agency, China, local actors, introduc- tion, pluralism Two women are having a casual discussion about global affairs. One asks the other: ‘Kimi, ever heard of the Belt and Road?’ Kimi responds: ‘Yeah, the big vision of economic exchange.’ Her interlocutor swiftly follows up: ‘Know exactly what they are?’ To which Kimi responds: ‘The Belt is along the old Silk Road and the Road is the Silk Road on the sea!’ ‘Oh, I see,’ says the other woman, ‘in Chinese: Yi Dai Yi Lu!’ Music fades in, and a Chinese band of young men launches into a jazzy song, accompanied by funky percussion and a female background choir that hushes in husky Schneider, Florian (ed.), Global Perspectives on China’s Belt and Road Initiative: Asserting Agency through Regional Connectivity. -
Securing the Belt and Road Initiative: China's Evolving Military
the national bureau of asian research nbr special report #80 | september 2019 securing the belt and road initiative China’s Evolving Military Engagement Along the Silk Roads Edited by Nadège Rolland cover 2 NBR Board of Directors John V. Rindlaub Kurt Glaubitz Matt Salmon (Chairman) Global Media Relations Manager Vice President of Government Affairs Senior Managing Director and Chevron Corporation Arizona State University Head of Pacific Northwest Market East West Bank Mark Jones Scott Stoll Co-head of Macro, Corporate & (Treasurer) Thomas W. Albrecht Investment Bank, Wells Fargo Securities Partner (Ret.) Partner (Ret.) Wells Fargo & Company Ernst & Young LLP Sidley Austin LLP Ryo Kubota Mitchell B. Waldman Dennis Blair Chairman, President, and CEO Executive Vice President, Government Chairman Acucela Inc. and Customer Relations Sasakawa Peace Foundation USA Huntington Ingalls Industries, Inc. U.S. Navy (Ret.) Quentin W. Kuhrau Chief Executive Officer Charles W. Brady Unico Properties LLC Honorary Directors Chairman Emeritus Lawrence W. Clarkson Melody Meyer Invesco LLC Senior Vice President (Ret.) President The Boeing Company Maria Livanos Cattaui Melody Meyer Energy LLC Secretary General (Ret.) Thomas E. Fisher Long Nguyen International Chamber of Commerce Senior Vice President (Ret.) Chairman, President, and CEO Unocal Corporation George Davidson Pragmatics, Inc. (Vice Chairman) Joachim Kempin Kenneth B. Pyle Vice Chairman, M&A, Asia-Pacific (Ret.) Senior Vice President (Ret.) Professor, University of Washington HSBC Holdings plc Microsoft Corporation Founding President, NBR Norman D. Dicks Clark S. Kinlin Jonathan Roberts Senior Policy Advisor President and Chief Executive Officer Founder and Partner Van Ness Feldman LLP Corning Cable Systems Ignition Partners Corning Incorporated Richard J. -
The Shanghai Co-Operation Organisation: China’S Initiative in Regional Institutional Building
Journal of Contemporary Asia Vol. 41, No. 4, November 2011, pp. 632–656 The Shanghai Co-operation Organisation: China’s Initiative in Regional Institutional Building JOSEPH Y. S. CHENG Contemporary China Research Project, City University of Hong Kong, Hong Kong ABSTRACT China’s initiative in establishing and promoting the development of the Shanghai Co-operation Organisation (SCO) is an interesting case study of China’s attempt at regional institution building. China’s increasing interest in Central Asia coincided with its gradual acceptance and rising enthusiasm regarding participation in regional organisations. The ‘‘Shang- hai Five’’ mechanism and the SCO were seen as appropriate mechanisms for pursuing China’s multiple interests in the region; their development was also in line with the improvement in Sino-Russian relations. Chinese leaders have skilfully developed the SCO’s institutional frame- work, and they seem intent on getting good value for the resources spent. The leaders have also demonstrated considerable patience when the SCO’s development encountered setbacks. KEY WORDS: Shanghai Co-operation Organisation, regionalism, institution building, Central Asia, Sino-Russian relations, oil, gas, New Silk Road Following the break-up of the Soviet Union, China has engaged in increasingly close co-operation with the five Central Asian republics (Kazakhstan, Tajikistan, Kyrgyzstan, Turkmenistan and Uzbekistan). This co-operation has been perceived by the Chinese leadership as essential to maintaining security along its western border, promoting the economic development of western China, diversifying the sources of China’s energy imports and those of other raw materials, and the securing of a peaceful and friendly international environment along its frontiers.