Is China rebalancing? Yes, but with Chinese characteristics
The Chinese economy is gradually rebalancing, but for the foreseeable future investments (and not private consumption) will continue to be the main drivers of growth.
China, the US and the new world order
The euro for China: too big to fail and too hard to rescue
The aim of this paper is to understand China’s strategic behaviour towards the European Monetary Union (EMU).
The rise of China and Asia: what the Elcano Global Presence Index tells us
This paper uses data from the Elcano Global Presence Index to examine how Asia, and in particular China, are raising their global presence at a very swift pace.
The US in the early 21st century: decline or renewal?
The core challenge for the US in the first quarter of the 21st century is the capacity of its political system to fashion and implement public policies to respond effectively to today’s and tomorrow’s concerns.
Towards stronger EU-Asia relations
The EU and its member states are designing differing strategies to engage with Asia and its various regional processes that could be made to complement each other if they were to be developed from a common outlook.
North Korea and the December 2012 Rocket Launch: A New Deal?
On December 12 North Korea succeeded in putting into orbit a satellite (or other object) after the three stages of the Unha-3 rocket separated as planned. Contrary to the previous attempts, the launch was successful, the three-stage rocket functioned correctly and the satellite (or other object) now appears to be now orbiting the earth.
‘Houston, We Have Too Many Problems’: The US, Iraq, North Africa, Afghanistan and… Syria
This Working Paper addresses some of the pending aspects of this still unresolved chapter in the recent history of the Middle East and of President Obama’s attitude to the Arab uprisings, offering a glimpse of the immediate course of US policy in the area.
US-Pakistan Relations in the Summer of 2011 (ARI)
This ARI discusses the current crisis in US-Pakistan relations and analyses the interaction between Washington and Islamabad since the events of 9/11.
The Internationalisation of the Renminbi: Prospects and Risks (ARI)
By looking at how far China has gone in internationalising its currency, the Renminbi (RMB), it is possible to identify the main strategic goals that China wants to achieve through this process, along with the main risks that such an objective embodies.
China-Spain-Latin America Triangulation in a Chinese Perspective (ARI)
This paper looks at the prospects for triangulation between China, Spain and Latin America in the wake of the Sinopec-Repsol deal in Brazil.
The Policy Challenge for Sub-Saharan Africa of Large-Scale Chinese FDI (ARI)
The existence of large state-owned Chinese firms and private investors engaged in investing primarily, but not exclusively, in resource and infrastructure sectors in SSA (Sub-Saharan Africa) is a major preoccupation in economic and political circles. In order to understand it, Chinese investment has to be differentiated into four different types, and its distinctive characteristic unpacked –ie, the bundling together of aid, trade and FDI (foreign direct investment)–. This has major policy implications for how SSA should relate to Chinese investors in order to maximise available opportunities.
The EU’s Global Governance Versus China’s Harmonious World (ARI)
The EU’s ‘Global Governance’ and China’s ‘Harmonious World’ seem to be competing to be the dominant idea on international relations in the new century.