The U.S.-China relationship, which has wavered between cooperation and competition, has, over the past few years, veered more sharply towards confrontation – possibly because of China’s own more assertive stance. Now, Beijing’s confidence is under test, not only by these fractious relations, but also COVID-19 and an economic slowdown. Will these factors reveal its weaknesses?
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Although China does not want to usurp the United States’ position as the leader of a global order, its actual aim is nearly as consequential. As one Chinese official put it, “Being a great power means you get to do what you want, and no one can say anything about it.” In other words, China is trying to displace, rather than replace, the United States.
Experts estimate the likelihood of a U.S.-Chinese nuclear crisis as “somewhere between nil and zero.” This assurance is misguided. The United States' signature approach to conventional warfare would be a potential recipe for nuclear escalation.
The immediate threat is more corrosive than explosive. States are using the tools of cyberwarfare to undermine the very foundation of the Internet: trust. The result is that an arena that the world relies on for economic and informational exchange has turned into an active battlefield.
As China goes global it is making a concerted effort at improving its international image and boosting its soft power. But is this strategy translating into an improvement of its soft power quotient?
It is clear by now that China’s economy is set to slow in the years to come, although economists disagree about how much and for how long.
When the average growth rate in emerging markets hit over seven percent a year in the last decade, forecasters hyped its implications. Today, more than five years after the financial crisis of 2008, the euphoria seems to have waned
The Third Plenary Session of the 18th Central Committee of the Communist Party of China (CPC) is being held in Beijing from November 9-12. What are the Plenary Sessions of the CPC’s Central Committee? What are the general functions of each Plenary Session? Why is the Third Plenum this year so significant?
China ranks fourth globally for retail development, while India’s retail development ranking fell nine spots from the 2012 GRDI to 14th overall after experiencing backlash from the global economic slowdown. A comparison of India and China’s retail sectors reveals some lessons for retailers in both markets.
In the wake of discourse over the potential banking crisis in China, many investors are expressing concerns regarding investment in the country. However, Chinese bankruptcies have their upside for foreign investors; the trick is to ensure that during such times, your business remains watertight.