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looking beyond borders

foreign policy and global economy

Archive for the category “Asia”

India’s ‘Multipolar Asia’ And China

India envisions a ‘multipolar Asia’: shared regional leadership where major and minor powers have equal standing in decision-making. This model is based on the rationale that China’s rise in Asia is unbalancing the regional power structure and eroding India’s strategic choices. While a growing association with China in bilateral and multilateral mechanisms has made New Delhi more open to Beijing’s engagement, China’s strategic urge to dominate has also created a need for caution.

Read Here – East Asia Forum

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The Biggest Winner Of the Japan-South Korea Dispute? China

South Korea’s decision to end an intelligence-sharing agreement with Japan, part of a widening rift between the two U.S. allies, has the Pentagon on edge — and not just because it arrives amid stalled efforts to persuade North Korea to denuclearize. “China is the biggest winner here,” said Rob Spalding, a former senior official on President Trump’s National Security Council.

Read Here – Defense One

Trump Sets Foot In North Korea, Agrees With Kim To Resume Stalled Nuclear Talks

Photo/White House Flickr

U.S. President Donald Trump became the first sitting U.S. president to set foot in North Korea on Sunday when he met its leader, Kim Jong Un, in the Demilitarised Zone (DMZ) between the two Koreas and agreed to resume stalled nuclear talks.

Read Here – Reuters

Comfortably Reelected, Indonesia’s Jokowi Opens The Door To China’s Belt And Road

The ballots hadn’t even been counted yet when the deals were announced. On April 26, just two days after Election Day, Indonesia signed 23 memorandums of understanding with China, worth $14.2 billion in all, for several major infrastructure projects. They came after months of silence about Chinese investment in Indonesia—by design, as President Joko Widodo feared attempts by the opposition to paint him as being too pro-China.

Read Here – World Politics Review

Jokowi’s Global Maritime Fulcrum: 5 More Years?

Indonesian President Joko “Jokowi” Widodo is set to assume office for another half-decade, giving a sigh of relief to patrons counting on the continuity of his policies…His second term brings immediate questions over whether he will employ the same strategic frameworks in driving the country’s development, and whether the concept of the Global Maritime Fulcrum (GMF) will prevail.

Read Here – The Diplomat

US, China War Drums Put SE Asia On New Edge

Did the recently concluded Shangri-La Dialogue talk shop, long a gauge of the Indo-Pacific’s geo-strategic temperature, presage a coming conflict between China and the United States, and potential end to decades of relative peace and stability in the region?

Read Here – Asia Times

The Complex Issues With China That India’s Modi Carries Into His Second Term

India Prime Minister Narendra Modi meeting with the President of China, Xi Jinping, on the sidelines of the BRICS Summit, in Johannesburg, South Africa on July 26, 2018. File Photo/PIB

During Modi’s first term from 2014-2019, India unambiguously recognised that its strategic interests in Asia would be best served by betting on the US. But beyond the great power rivalry context, Modi will carry forward a complex bilateral agenda with China into his second term. The border dispute between the two countries remains as intractable as ever and concerns in Delhi about China’s big strategic and economic bet on Pakistan are growing.

Read Here – South China Morning Post

Is Sri Lanka Really A Victim Of China’s ‘Debt Trap’?

The economic reality is that Sri Lanka leased out Hambantota port to China largely due to a persistent balance of payment (BOP) crisis resulting from the reduction of trade over the years even while external debt servicing costs have been soaring. Sri Lank faced a severe shortage of foreign reserves in light of the upcoming debt servicing payments, due to the maturity of international sovereign bonds. Therefore, the country had to look for various avenues to obtain foreign currency inflows. Leasing out Hambantota port was one of the ways to increase the country’s foreign reserves.

Read Here – The Diplomat

Next Hambantota? Welcome To The Chinese-Funded US$1.4 Billion Port City Colombo In Sri Lanka

Port City Colombo, an ambitious Chinese-funded project to build a new metropolis on a 665-acre island reclaimed from the sea, is set to rise just off the popular spot in a couple of decades. Rising in tandem, however, are concerns about the amount Beijing is lending Colombo, and the circumstances of those loans – with the controversial China-backed Hambantota Port looming large in Sri Lankans’ memory.

Read Here – South China Morning Post

Also Read: Sri Lanka Rejects Fears Of China’s ‘Debt-Trap Diplomacy’ In Belt And Road Projects

The Challenges That Drive Up Military Spending – In Asia-Pacific And Beyond

Whereas Sino-American arms dynamics could well be attributed to traditional concerns related to interstate dynamics over unresolved flashpoints, much of the rest of the Asia-Pacific region confronts a holistic array of security concerns, especially those that are transboundary and transnational in nature – natural calamities, violent extremism and even the mundane, daily occurrences of cross-border smuggling and illegal fishing, to name just a few examples.

Read Here – South China Morning Post

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