Cannibalising U.S. firms in China
The U.S. strategy to impose steep tariffs on Chinese goods shipped to the U.S. has been puzzling since the tariffs are likely to hurt a large number of American enterprises based in China
The U.S. strategy to impose steep tariffs on Chinese goods shipped to the U.S. has been puzzling since the tariffs are likely to hurt a large number of American enterprises based in China
Canada, which has been slow to respond to a changing trans-Pacific neighbourhood, can join India and the ASEAN member states to embark on a trilateral dialogue on the Indo-Pacific’s importance in terms of political, strategic and other domains. An alignment in outlook can strengthen the security and prosperity of a region, currently mired in U.S.-China rivalries
The Chinese leadership faces a range of economic problems and not very palatable solutions, says Prof Heribert Dieter, Visiting Fellow at Gateway House, Mumbai, and Senior Fellow, German Institute for International and Security Affairs, Berlin, in this wide-ranging conversation with Gateway House. He also analyses the European perspective on China, the U.S.-China trade war and the role of global forums, such as G20
China’s economy is in trouble, a situation that has been exacerbated by the trade war with the U.S. They can either reduce the debt burden and accept slower growth or boost the already high level of debt, which can end in a slump.
Although China does not want to usurp the United States’ position as the leader of a global order, its actual aim is nearly as consequential. As one Chinese official put it, “Being a great power means you get to do what you want, and no one can say anything about it.” In other words, China is trying to displace, rather than replace, the United States.
'Strategic OFDI’ is outward foreign direct investment made by nations in their strategic interests. China leads the way, but the U.S. has also just announced a new agency for strategic OFDI. It will now gain increasing salience in global foreign policy.
America is increasingly using sanctions as a geopolitical tool against its rivals, Russia, Iran and Venezuela. These countries are important partners for India, which needs to find ways around unilateral American sanctions.
China’s foreign direct investment is shifting away from natural resources to high-tech areas, such as Artificial Intelligence and robotics. The scale of these acquisitions, along with questions about intellectual property and national security, are causing widespread concern in the West
Scrapping the JCPOA will badly bruise Iran’s economy, citizens and foreign relations; it will have an impact on the U.S.’ allies too
Canada’s commercial relationship with India needs to go beyond lentils, uranium and other resources to explore the scope of greater cooperation on renewable energy and cutting-edge technology. There are strong reasons for the two countries to draw closer—even if other countries always loom larger. Prime Minister Trudeau visits India this week