China is leading the global transition to clean energy, but the government’s rapid advancements within the energy sector—which have been developing for the past two decades—are masking the country’s underlying global ambitions.
All tagged Economic Policy
As Asian nations in the Indo-Pacific Rim emerge as potential future powers and enjoy greater global visibility, prestige, and power, great powers in the region have found themselves pressed with the need to pursue more comprehensive foreign policies towards the region. Beijing believes that by merging foreign and economic policy to reshape global infrastructure it can re-shape global trade routes and put China at the epicenter of both Asia and the world economy, making Beijing a global Milliarium Aureum of sorts.
There is a growing tide of opinion in the U.S. that treats China’s Belt and Road Initiative as a grand strategy of epic economic and geopolitical proportions. It holds that China is “methodically assembling a network of client governments in hock to Beijing and advancing its military ambitions.” But China is not a monolith, and neither is the Belt and Road Initiative. BRI, in reality, is a brand — a grab-bag of initiatives and projects that numerous Chinese institutions independently design and advance.
All across developed economies, we are witnessing the dawn of another industrial revolution. The age of automation is upon us. It has the potential to bring a great deal more productivity and remove many menial jobs for a significant portion of the population. What does the future of work look like in a world without these jobs?
Go, called Weiqi in Mandarin, is a game played in East Asia and considered an oriental equivalent to Chess. Unlike Chess, Go does not focus on seizing parts of the board and successfully eliminating pieces in a tactical manner. Instead, the whole game is built around a strategic effort to encircle and limit the movements of an opponent. That same game was being played in a grander scheme as Donald Trump made his first trip to Asia.