Uncertainty ahead for Xi’s China

Despite spectacular bounce-back growth in the first half of the year, China’s economy had slowed dramatically by year’s end. Worries centred on the property market, a perennial concern for over a decade due to fears of overheating. 

How China and the U.S might find a way to collaborate

A retreat from the Chinese economy means a retreat from complex regional supply chains that would cause severe economic and political damage to Asia and the global economy.

Security relationship with Japan is only the beginning for Australia

Australia and Japan are anchors of peace and prosperity in the world’s most consequential region. Whether they remain so will depend on how they build and use the bilateral relationship, and that is still very much a future project.

Australia must learn to navigate the economic realities of China relations

Australia’s export of 12 disrupted goods to China slumped by a combined US$12.6 billion in 2021 compared to the same period in 2019. China’s total import values increased for seven of the 12 goods, with many other countries picking up the lost Australian sales.

Middle power conundrum amid US–China rivalry

The United States and other developed countries are abandoning offshoring to China to cut costs and instead are reshoring, nearshoring or ally-shoring them. The trend of shifting value chains away from China is based on the judgement that leadership in advanced technology is the only means to maintain strategic hegemony.

Kishida unlikely to change course on China and Taiwan

Japan will probably choose to align with the United States and other like-minded countries to enhance its deterrence against China. In this context, Japan will continue to stress the importance of ‘peace and stability across the Taiwan Strait’ and may further promote cooperation with Taiwan for this purpose.

China’s big moment of choice on trade policy

China’s rapid growth since its accession to the WTO — per capita incomes are now well over four times as high today as they were in 2001 — was the single most important poverty-reducing event of the past century

What’s needed two decades on from China’s accession to the WTO

Over half a billion Chinese people were lifted out of poverty in two decades and China is now the largest economy in purchasing power parity terms, second largest measured at market exchange rates, and the world’s largest trading nation.