Thorny Australia Response To China’s Olive Branch

Foreign Minister Marise Payne announced Canberra was canceling two agreements by Victoria, the country’s second most populous state, to participate in China’s Belt and Road Initiative. She said they were “inconsistent with Australia’s foreign policy or –adverse to our foreign relations” but did not elaborate. Read Here | Asia Times

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New Normal In Sino-Indian Ties

China’s behavior in other territorial disputes also offers lessons for the future of the Sino-Indian border dispute. Despite a commitment to not militarize disputed islands and islets in the South China Sea, Beijing has continued to do so through incremental advances employing so-called grey zone tactics. Read Here | WarOnTheRocks

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The Price Of Nostalgia

A new consensus has emerged in American politics: that the United States has recklessly pursued international economic openness at the expense of workers and the result has been economic inequality, social pain, and political strife. Read Here | Foreign Affairs

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How The Quad Can Match The Hype

A more assertive China is extending its influence across the Indo-Pacific and around the world. Existing alliances and institutions aren’t up to the task of addressing the consequences, and domestic politics across the region mean that an “Asian NATO” is off the table. That’s where the Quad comes in… Read Here | Foreign Affairs

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The Clock Is Ticking For Biden On Iran

This diplomatic process, which is crucial to avoiding further conflict in the Middle East and allowing President Biden to focus on competition with China, will falter unless the Biden administration moves quickly. American negotiators should list the sanctions that the United States is prepared to remove in exchange for Iranian compliance. Read Here | NYTimes

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China Still Needs Expansionary Economic Policy

To consolidate its post-pandemic growth momentum in 2021, China should not be in a rush to exit from expansionary fiscal and monetary policy. The government may have to issue more bonds than planned, and the People’s Bank of China may need to implement quantitative easing to facilitate this. Read Here | Project Syndicate

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