The Asia Infrastructure Investment Bank's (AIIB) response to Covid-19 may determine its emerging role in development finance, for good or ill. While it has responded quickly and substantially to the pressing needs of its members, these actions risk contributing to debt risks, institutional overreach, and perceived favoritism towards Beijing.
Ayse Kaya, Christopher Kilby, and Jonathan KayRead More
This paper discusses the geopolitical dynamics of the Indo-Pacific, including the impacts of Covid-19, and emerging foreign policy initiatives, and offers recommendations for how Japan can solidify a comprehensive leadership role in this critical, multipolar region.
The seizure of Chinese-run mines in Kyrgyzstan amid ongoing protests has highlighted the risks to business in region, fuelling China's desire to promote its private security companies (PSCs). But if Chinese PSCs continue to expand operations, Sinophobic sentiments—already widespread across the region—may spark a cycle of escalating securitization that will undermine China's long-term interests.
Xi Jinping's promise of carbon neutrality by 2060 will amount to little if his signature foreign policy vision, the Belt and Road Initiative (BRI), continues exporting China’s environmental challenges globally. China’s poor environmental record abroad presents a strategic opportunity for the United States, if only Washington would seize it.
The Australian state of Victoria, which signed a Belt and Road MoU in 2018, has little to show from Chinese President Xi Jinping’s signature foreign policy vision.