Final preparations are underway in Hanoi, Vietnam, for this week’s summit meeting between President Donald Trump and North Korean leader Kim Jong Un. U.S. officials hope that in addition to providing a venue and facilitating logistics, their Vietnamese hosts will offer a dose of potent symbolism. Near the end of the Cold War, Vietnam, like North Korea today, was an authoritarian one-party state with a military-driven command economy, diplomatically isolated and struggling to feed its population. Since introducing market-oriented reforms in the late 1980s, it has grown into a regional economic powerhouse while maintaining its closed political system. It also […]
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China’s military modernization is expanding to the open ocean, and the U.S. Navy is worried. Find out more when you subscribe to World Politics Review (WPR). While the United States Navy struggles to figure out if, how and when it can expand the size of its combat fleet by 47 ships—a 15 percent increase—China’s military modernization efforts are cranking out around a dozen new large warships a year. Recently, the busy shipyard in the port city Dalian put to sea China’s second aircraft carrier, following up on that milestone two months later by simultaneously launching two Type 055-class cruisers. With […]
Business leaders at the World Economic Forum in Davos last month warned that China has overtaken the United States in the development of artificial intelligence and other emerging technologies, such as fifth-generation wireless or 5G. “There’s almost an endless stream of people who are showing up and developing new companies,” Blackstone’s CEO Stephen Schwarzman told one panel of his frequent trips to China. “The venture business there in AI-oriented companies is really exploding with growth.” The attention on China’s rapidly evolving tech sector has overshadowed another area of competition between Beijing and Washington, which may be moving more slowly but […]
China and Taiwan marked the Lunar New Year holiday this week with dueling propaganda videos showcasing their respective military might, released on social media. It was the latest sign that North Korea may no longer be the world’s most volatile hotspot, the nation most likely to unleash a major crisis that could spiral out of control. Now that dubious distinction may be shifting to Taiwan. The root of the problem is, of course, that China considers Taiwan an inextricable part of its territory ripped away in 1949 when the government of the Republic of China, facing military defeat against communist […]
Shinzo Abe has already outperformed his five immediate predecessors, putting to rest the idea that a Japanese prime minister couldn’t stay in office for more than a year. Now, he is approaching a milestone. He will become the longest-serving prime minister in Japan’s history if he remains in office until November. But Abe is looking beyond that, with a chance to serve out his current term as prime minister until 2021, since he was overwhelmingly re-elected last fall for a third and final term as president of the governing Liberal Democratic Party, or LDP. The party can effectively determine the […]