https://www.scmp.com/rss/329060/feed Shiro Armstrong is Director of the Australia–Japan Research Centre in the Crawford School of Public Policy at the ANU en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Russia’s invasion of Ukraine makes the cooperation agenda for pandemic recovery much harder. It has also threatened to derail the G20 summit altogether. Nevertheless, the global community has shown its ability to rapidly coordinate economic sanctions and present a largely united front against a war of aggression. Despite the tragedy from the conflict and its effect on the global economy, this also underlines the security dimension of economic interdependence. The coordinated economic and... https://www.scmp.com/week-asia/opinion/article/3171508/indonesias-leadership-g20-needs-secure-open-trade-and-strengthen?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3171508/indonesias-leadership-g20-needs-secure-open-trade-and-strengthen?utm_source=rss_feed Wed, 23 Mar 2022 06:27:15 +0000 On December 30, 2020, all 27 member states of the European Union agreed to the Comprehensive Agreement on Investment with China after seven years of negotiation. The deal, known as the CAI, is being portrayed in Western media as a strategic victory for China over a naive, desperate Europe – one that took place in the lead up to Joe Biden’s inauguration as president of the United States. Europe’s leaders, critics argued, had limited the options for the Biden administration and given too many... https://www.scmp.com/week-asia/opinion/article/3123153/why-eu-china-investment-deal-no-free-pass-beijing?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3123153/why-eu-china-investment-deal-no-free-pass-beijing?utm_source=rss_feed Sat, 27 Feb 2021 04:00:20 +0000 The trend in advanced economies of closing up to Chinese foreign investment has accelerated during the economic downturn from the coronavirus pandemic. There is a fear among Australian, Japanese, European and other policymakers that cashed up Chinese companies will scoop up their distressed assets in a fire sale and take ownership of critical infrastructure, data and other national assets. Direct investment from other countries will also be discouraged, with technical and political difficulties... https://www.scmp.com/week-asia/opinion/article/3089390/west-shouldnt-fear-chinese-cash-welcome-peace-dividend?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3089390/west-shouldnt-fear-chinese-cash-welcome-peace-dividend?utm_source=rss_feed Wed, 17 Jun 2020 21:00:11 +0000 In 1984 Hollywood blockbuster Indiana Jones and the Temple of Doom, the film’s title character faced a tough decision. While crossing a rickety bridge over a crocodile-infested river, his young companion tripped and was left hanging on for dear life. If Indiana did nothing, the boy would fall to a gruesome death. But if he tried to cross the bridge to help him, the additional weight risked collapsing the entire structure. Many emerging Asian governments feel a bit like Indiana Jones in trying to... https://www.scmp.com/week-asia/opinion/article/3087199/asias-economies-should-pull-together-recover-coronavirus?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3087199/asias-economies-should-pull-together-recover-coronavirus?utm_source=rss_feed Tue, 02 Jun 2020 23:00:30 +0000 As part of Prime Minister Shinzo Abe’s state visit to China – the first by a Japanese leader in 11 years – he and Chinese President Xi Jinping are expected to announce 30 joint infrastructure projects. Of course, there will probably be a raft of other announcements aimed at normalising the political relationship between the two Asian giants that share one of the largest economic relationships in the world, too. But the most consequential of those may well be the infrastructure deals. That’s... https://www.scmp.com/week-asia/opinion/article/2169863/what-abes-china-trip-means-belt-and-road-and-what-japan-has-gain?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/2169863/what-abes-china-trip-means-belt-and-road-and-what-japan-has-gain?utm_source=rss_feed Thu, 25 Oct 2018 02:00:45 +0000