In The News

WSJ: US Retreats From Strict Limits on Chinese Investment

Bob Davis, Peter Nicholas and Lingling Wei June 28, 2018
The US president backed away from plans for new restrictions on Chinese investment in the United States and US technology exports to China. “Instead of creating new investment restrictions, the White House said it will continue to rely on an interagency group, the Committee on Foreign Investment in the U.S., or CFIUS, which screens foreign investments to see if they endanger national security,”...

New York Times: Erdoğan’s Victory in Turkey

Carlotta Gall June 25, 2018
Recep Tayyip Erdoğan won reelection in Turkey, convincing a slim majority that a strong centralized government and increased controls contribute to security. Critics express concern about increasing authoritarianism for Turkey. The president will oversee a polarized country with fewer checks on his power and “a pliant Parliament, with his conservative party and its allies having won about 53...

Project Syndicate: Why We Need Globalization

Koichi Hamada May 2, 2018
Open economies with active trade, immigration and foreign investment have historically enjoyed prosperity, and “globalization does not deserve voters’ ire,” argues Koichi Hamada for Project Syndicate. Competition does harm some communities and individuals, but governments can target policies that encourage economic security, job training and adaptation. “Yet such countervailing policies are...

East Asia Foundation: FDI Outflow Surge From South Korea

Namsuk Choi April 11, 2018
Foreign direct investment outflows from South Korea are surging, increasing by more than 30 percent annually since 2010. Such levels can signal economic growth, but can also warn about rising wages, tax rates and regulations that erode a country’s manufacturing base and eliminate jobs, explains Namsuk Choi for East Asia Foundation. “The Moon Jae-in administration’s economic policies have had...

The New York Times: China’s Ambitious New “Port” in Landlocked Kazakhstan

Andrew Higgins January 15, 2018
The China Ocean Shipping Company, the country’s biggest, state-owned shipping company, invested billions in the Khorgos Gateway, located in the arid terrain of Kazakhstan. “The gamble is not only reshuffling global transport routes, but also shaking up Kazakh and global politics as China inserts itself deeper into a region that Russia considers squarely within its area of influence,” writes...

Caixin: As Global Power Shifts, US Must Win Beijing’s Cooperation

David M. Lampton December 14, 2017
Global institutions and alliances supported by the United States since 1945 have added to economic growth, lifting emerging economies and deterring conflicts, explains David M. Lampton for Caixin of Johns Hopkins University. He urges three priorities: addressing the North Korea nuclear program, trade reciprocity and economic balance of power in Asia. The United States should not ignore the One...

The Diplomat: US Allies in the Age of Trump

Robert Dujarric November 3, 2017
Barack Obama had emphasized a “pivot to Asia," but the Trump administration promotes "America First" policies. US allies in the region will listen closely during Donald Trump’s 12-day trip to Asia for any signals on priorities. His policies, especially termination of the Trans-Pacific Partnership and baiting of Kim Jong Un in North Korea, do not align with the allies’ interests,...