Trade Archive

Editor’s note: This article is part of an ongoing series about China’s One Belt, One Road infrastructure initiative, also known as the Silk Road Economic Belt and the 21st Century Maritime Silk Road. Earlier this month, China hosted more than 100 leaders and diplomats for a summit devoted to its ambitious One Belt, One Road initiative (OBOR), which President Xi Jinping described as the “project of the century.” The summit was an opportunity to assess whether OBOR, which was formally announced in 2013, is living up to Xi’s rhetoric. In an email interview, Salvatore Babones, associate professor at the University […]

Argentina’s president, Mauricio Macri, was in Beijing last week to attend China’s enormous One Belt, One Road summit and sign several agreements with his Chinese counterpart, Xi Jinping. Nearly 30 heads of state and senior representatives of at least 20 other countries attended the summit, where Chinese officials presented their vision for building massive infrastructure projects in many parts of the globe. The agreements between Macri and Xi covered more than $30 billion of Chinese investments in Argentina on everything from energy and agriculture to transportation and mining, capped by a Chinese plan to build two nuclear power plants at […]

The world is currently trying to figure out what China might be doing, saying and thinking about North Korea. Observers looks for signs in Chinese state media that Beijing might finally cut Pyongyang off financially and politically. They scrutinize shipping traffic to parse whether the flow of oil and coal between North Korea and China might be diminishing, with potentially disastrous results for Kim Jong Un’s regime. With a new president in South Korea, debates will continue about how Seoul can convince China to use its leverage on Pyongyang to get it to freeze its nuclear weapons program. There should […]

Editor’s note: This article is part of an ongoing WPR series about China’s One Belt, One Road infrastructure initiative, also known as the Silk Road Economic Belt and the 21st Century Maritime Silk Road. For more than two decades, Malaysia’s political leaders have viewed China as an essential engine of economic growth. Close cooperation under current Prime Minister Najib Razak has included a number of projects falling under the One Belt, One Road initiative. In an email interview, David Han, research analyst with the Malaysia Program at the S. Rajaratnam School of International Studies at Nanyang Technological University in Singapore, […]

After spending the past few months skeptical of reviving the Trans-Pacific Partnership, which President Donald Trump formally withdrew the United States from in January just after he took office, Japan has changed tack and is now looking to press ahead on finalizing the major Pacific Rim trade deal with the 10 other signatory states. The about-face on the TPP by Japan, which is the largest remaining economy in the deal, came ahead of a critical meeting this week of the signatories, known as the TPP-11, looking for a path forward without the United States. The meeting, held in Toronto, was […]

Wednesday’s vicious presidential debate ahead of Sunday’s election in France did little to improve the public image of far-right candidate Marine Le Pen. In a flurry of factually dubious assertions about her centrist opponent, Emmanuel Macron, she struggled to offer a clear political platform, instead railing against free trade and demonizing Muslims. Her dismal performance, coupled with endorsements for Macron from across France’s political spectrum, is likely to seal her defeat come Sunday. But Le Pen and her movement will remain relevant for French politics. The first round of the election sidelined France’s mainstream parties from the presidential runoff in […]