Data from TSE clearly describes strong dependence on investment from foreign countries, which currently amounts to around 70% both in trading volume and value. Recently China's market has shown a slight recovery from serious stagnation. Soon China money will get out of the Japanese market. Therefore, Kishida is upset about that to keep them staying here. His new plan of four SEZs would certainly be a benefit for foreign investors to alleviate extra unnecessary tax, while such tax advantage is rather common in Singapore or other financially successful countries. However many economic experts pointed out that the most required factor for Japan's economic resuscitation is a recouping of real competitiveness in Japanese corporations who have forgotten to take risks, even though trading environment improvement has been an issue to be cleared.
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The relationship between China and Central and Eastern European (CEE) countries is evolving, with varying degrees of engagement and skepticism. China's influence through investments, particularly in infrastructure, has been met with mixed reactions. While some CEE nations welcome economic ties, others express concerns over dependency and geopolitical implications. The balance between economic benefits and strategic autonomy remains a key discussion point, and CEE countries keep navigating their positions between China and the EU. #ChinaCEE #Geopolitics #EconomicRelations #Trade #CentralEurope #ForeignPolicy Click the link to read!
Relations between China and CEE countries: discussion with Dr. Marcin Adamczyk
https://www.blue-europe.eu
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The recent Indonesia-China joint statement has sparked substantial criticism, particularly regarding a clause on joint development in the South China Sea’s "overlapping claims" area. This point raises two significant implications. First, by agreeing to collaborate in this contested zone, Indonesia may implicitly validate China’s Nine-Dash Line claim, which contradicts Indonesia's longstanding stance that it has no overlapping claims with China. Second, this development suggests Indonesia might be drawn into China’s "bilateral trap," a strategy that encourages resolving disputes through one-on-one negotiations rather than multilateral frameworks. In my recent article, I contend that China’s bilateral approach in the South China Sea represents a strategic maneuver aimed at challenging the liberal world order. By advocating for bilateral engagements, China subtly signals a viable alternative to multilateralism for managing territorial disputes. This approach not only showcases China's diplomatic flexibility but also positions it as a counter-model to the rules-based international order that favors multilateral solutions. For a more in-depth discussion, you can read the full article here.
‘Crawling dissatisfaction’: understanding China’s bilateral approach towards South China Sea disputes
tandfonline.com
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In summary, Indonesia has expressed its desire to join the BRICS group of major emerging economies, which accounts for 35 percent of global economic output, as a means to strengthen emerging countries. The BRICS also backs new Indonesia President Prabowo’s priorities, including food and energy security, poverty eradication and improving human capital. The starting the process to join BRICS marks the first foreign policy move by the Prabowo government. It would be a major win for BRICS. Visiting Beijing next week also vividly reflects strategic priorities of his foreign policy ensuring greater socio-economic integration, trans-regional connectivity and FDIs from China. Thus economic diplomacy will be followed despite the emergence of some minor maritime issues pertaining to North Natuna waters. Indonesia’s sovereign right to North Natuna waters is fully recognized by the 1982 UN Convention on the Law of the Sea (UNCLOS). China has been Indonesia’s largest trading partner for 10 consecutive years. According to official statistics, China-Indonesia trade accounted for 25.24 percent of Indonesia’s total trade in 2022. China has also been Indonesia’s largest source of imports for 13 consecutive years, number one export destination for seven consecutive years and.
Prabowo’s expected Foreign Policies: A Realistic Check
https://worldnewsam.com
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A smart article by Ryosuke Hanada in the East Asia Forum on #Japan– #southkorea engagement with #China "The newfound Kishida–Yoon partnership will allow the two countries to jointly engage with China. This time, however, is not for bringing China into the global economy or changing China’s domestic rules and systems. Both countries should stabilise their own bilateral relations with China by anchoring them to the trilateral mechanism to preserve their leverage against China in their respective bilateral negotiations." https://lnkd.in/gcTEVwcE
CJK yields Japan–South Korea engagement with China
https://www.eastasiaforum.org
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On January 23, the China Daily newspaper published my article, in which noted that the mutual trust forged between Uzbekistan and China, the close interaction between their respective governments, and the exchanges among experts and members of the business community and academic circles of the two countries create a solid foundation for expanding and strengthening multifaceted cooperation. Uzbekistan-China relations have reached a high level of interaction, their comprehensive strategic partnership is expanding in the new era, and economic ties are being strengthened. China continues to hold first place among Uzbekistan's trade partner https://lnkd.in/dykBuyRE
Expanding cooperation built on solid foundation of trust
chinadaily.com.cn
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The Chinese approach is a trading partnership diplomacy. The US approach is a geopolitical influence diplomacy. That’s why China is winning hearts and minds.
How China Capitalized on U.S. Indifference in Latin America
wsj.com
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I believe Singapore's recent reaffirmation of its "All-Round High-Quality Future-Oriented Partnership" with China, solidified by a record 25 agreements at the 20th JCBC meeting, truly highlights our nation's enduring commitment to neutrality. In a world increasingly fractured by geopolitical tensions and competing alliances, I see Singapore's steadfast approach, focused on connectivity and long-term mutual prosperity, as a beacon for the entire ASEAN region. As our Deputy Prime Minister rightly emphasized, Singapore's strength lies in building bridges and fostering cooperation. This is absolutely crucial now, with rising uncertainties like the potential shifts in US-China relations. By facilitating trade and investment, and by expertly "threading the fine line" between major powers, we demonstrate the power of diplomacy and pragmatism to the world. This approach, instilled in us by the wisdom of our forefathers, has enabled Singapore to become a trusted partner for nations across the globe. While some of our ASEAN neighbors may prioritize size and resources, I believe Singapore showcases the true value of strategic thinking and long-term vision. By remaining non-aligned, we can absorb, internalize, and translate the often-conflicting aspirations of major trading blocs, fostering an environment where sustainable growth and regional stability can flourish. Singapore's success story is a testament to the enduring relevance of neutrality in a polarized world. It's a compelling reminder that ASEAN's strength lies not just in its collective size, but also in its ability to leverage strategic thinking and embrace a cooperative approach to international relations. As the global landscape continues to evolve, I believe Singapore's "Switzerland" model offers a valuable roadmap for our region to navigate challenges and achieve lasting prosperity. #Singapore #ASEAN #Switzerland #Neutrality #Diplomacy #Geopolitics #Trade #Investment #Prosperity #SoutheastAsia #ForeignPolicy #InternationalRelations #JCBC #China #USChinaRelations #Connectivity #MyView #SingaporeanPerspective
Singapore and China sign 25 agreements at annual top-level bilateral meeting to boost cooperation
channelnewsasia.com
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Beijing hosted the Forum of China Africa Cooperation last week (#focac). China’s President Xi Jinping delivered open remarks (main link below), which summarise the main areas of focus for China-Africa collaboration for the next 3 years. China Foreign Minister Wang Yi summarised the key outcomes in a separate speech. This is here: https://lnkd.in/g-hnePyb Headline elements include: ✅ Lifting of all tariffs on goods from developing countries (33 African nations’ exporters to benefit from improved access to China’s market). ✅ A multilayered approach to capacity building, addressing skills, information technology infrastructure, energy security etc. China’s funding commitment is in the order of approximately US$50 billion (though, as should be expected in a currency multipolar world, the funding will be made available in RMB). #china #africa
Joining Hands to Advance Modernization and Build a Community with a Shared Future
fmprc.gov.cn
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I was happy to contribute an article on 🇨🇳 China's economic engagement in the #WesternBalkans to the 2024 IEMed Yearbook of the European Institute of the Mediterranean. It discusses bilateral trade, investments and loan-funded contracts, as well as the state of play of the region's EU accession and geopolitical positioning as key factors influencing the economic cooperation. Due to 🇨🇳 China's transactional approach and different degrees of receptiveness of its economic presence in different countries, it is questionable to which extent we can talk about the #WesternBalkans as a region in its cooperation with China. 📖
China’s Economic Engagement with the EU Accession Countries in the Balkans – Failed Expectations and (Geo)politics
https://www.iemed.org
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A few comments in the ChinaDaily.com.cn on #Canada #China relations in the context of the recent phone call between ministers. Its interesting to see which comments they included in my interview and the ones they didnt. This is what wasnt included: "The current Canada -China relationship can be characterized as awkward, filled with inconvenient truths, and highly politicized. It is awkward and has numerous inconvenient truths in that despite record lows in unfavorability ratings of China in Canada, the trade relationship continues to be mutually beneficial and deepening. The highly politicized aspect of the relationship relates to deepening suspicion, real and imagined, about Chinese interference in Canada's democratic process and civil society and its disruptive role in the #IndoPacific and in global institutions and Beijing's view that Ottawa has no autonomy vis-a-vis its foreign policy. The recent engagement is positive but it does little to address the above issues." https://lnkd.in/gwtBsrPJ
FM has talks with Canadian counterpart
global.chinadaily.com.cn
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