Connect with us
CGIF-10th-Year-Anniversary

China

Rebalancing Asian security

The main conditions of security pluralism are economic interdependence, stability in the balance of power, multilateral institutions, and ideological tolerance and accommodation.

Avatar

Published

on

A principal challenge to Asian security today is that the various approaches to security order seem to be working at cross-purposes.

Take the United States and China. Washington insists that its rebalancing strategy enhances regional stability.

Sure enough, it is possible to see the military dimension of rebalancing as crucial to maintaining the military balance of power in the region.

But the economic aspect of rebalancing – the Trans-Pacific Partnership  (TTP) – excludes China and challenges United States-China economic interdependence.

onebeltoneroadmapopt

China’s own initiatives, the Asian Infrastructure Investment Bank (AIIB) and One Belt One Road, challenge longstanding modalities of regional economic co-operation.

Similarly, China professes a deep interest in enhancing regional economic interdependence.

But its own initiatives, the Asian Infrastructure Investment Bank (AIIB) and One Belt One Road, challenge longstanding modalities of regional economic co-operation.

These developments call for a rethink of existing approaches to security in Asia

The new approach to Asian security might be called security pluralism.

Security pluralism holds that security requires multiple conditions and approaches, rather than any single one, and maintaining a positive relationship among them.

The main conditions of security pluralism are economic interdependence, stability in the balance of power, multilateral institutions, and ideological tolerance and accommodation.

Security pluralism is broader than the familiar Asian notion of “comprehensive security”, which refers to different dimensions of security without clarifying how they relate to each other. And unlike “co-operative security”, which focuses on multilateral institutions, security pluralism recognises the importance of balance of power.

Source: Asia needs new approach to regional security | afr.com

Comments

China

RCEP and China: Reimagining the future of trade in Asia

The Regional Comprehensive Economic Partnership (RCEP) could eventually usher in an era of much deeper regional integration: for corporates doing business in the region, their future success may well hinge on how adeptly they manage to navigate the evolution of Asia’s trade landscape under the RCEP.

Avatar

Published

on

Last month, 15 countries in the Asia-Pacific region – including the 10 member states of the Association of Southeast Asian Nations (ASEAN) as well as China, Australia, Japan, New Zealand, and South Korea – signed the landmark Regional Comprehensive Economic Partnership (RCEP) on the final day of the 37th ASEAN Summit.

(more…)
Continue Reading

China

Thailand ready to ink big Chinese-backed trade deal

The RCEP will cover all 10 Asean member states plus five partners: China, Australia, Japan, New Zealand, and South Korea and will take effect from the middle of 2021 if at least six Asean members and three partners agree to its terms.

Olivier Languepin

Published

on

Thailand is set to sign the world’s biggest free trade agreement with Japan, China, South Korea and 12 other Asia-Pacific countries at the 37th Asean Summit this week.

(more…)
Continue Reading

Business

Great Wall Motor (China) takes over GM factory in Thailand

The Thai production hub will become operational in the first quarter of 2021 with automobile production capacity of 80,000 units per annum.

Avatar

Published

on

Chinese carmaker Great Wall Motor (GWM) hosted a ceremony on November 2nd to celebrate the latest milestone in taking full ownership of Rayong Manufacturing Facility in Thailand.

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,413 other subscribers

Trending