Asia

  Marcus Vinicius De Freitas Professor, China Foreign Affairs University Senior Fellow, Policy Center for the New South The Chinese government’s white paper, ‘China’s Position on Some Issues Concerning China-US Economic and Trade Relations,[1]’ issued on April 9, 2025, in response to the escalating tariffs imposed by President Donald Trump, is not just a diplomatic response to the escalating tensions with the United States. It is a meticulously crafted strategic document that pr ...

Ce commentaire a été publié initialement sur commentaire.fr   La question du protectionnisme ne date pas du retour triomphal de Donald Trump, ni même de sa première élection : elle hante la mondialisation depuis le début du xxie siècle. Le nouveau programme du Président américain oblige toutefois à y réfléchir plus attentivement qu’on ne l’a fait jusqu’à présent. C’est l’objet de cet article.   ...

The bilateral relationship between Morocco and India has passed through three distinct phases, culminating in the current stage of strategic partnership. Initially marked by diplomatic formalities and limited engagement, the relationship gradually transitioned into a period of economic and cultural exchange, laying the groundwork for more substantial collaboration. This Policy Paper analyzes the historical trajectory of Morocco-India relations, tracing the development from these ear ...

This opinion was originally published in japanupclose.web-japan.orgIntense diplomatic ballet in Africa The past two years have been marked by two important visits: that of Prime Minister Kishida visit to four countries in 2023, and his Minister of Foreign Affairs Yoko visit Yoko to three countries in 2024. Prime Minister Fumio Kishida Visit: Japanese Prime Minister Fumio Kishida was on an African tour from April 29 to May 5, 2023, visiting four African countries, including Egypt, G ...

China’s economy grew by 4.7% year-on-year in the second quarter of 2024, after 5.3% in the first quarter of the year (Figure 1). As in 2023, the official target has been set at 5% for 2024 (Figure 2). Naturally, great attention has been paid to the decisions of the Third Plenum of the 20th Communist Party of China Party Congress on July 15-18, a four-day meeting in which the country’s leadership sets out the direction of economic policy. The last such event was held in 2018. Do ...

This opinion was originally published in japanupclose.web-japan.org   On December 16, 2022, the Japanese government approved three important defense documents. The first is the National Security Strategy, which defines the general lines of the country's defense policy for the next decade. The second is the National Defense Strategy, which sets defense objectives and defines the means to achieve them. The third is the Defense Construction Program, which determines total defense spe ...

India’s general elections led to a political reconfiguration of unprecedented magnitude, for the first time since the 2014 elections that brought the Bharatiya Janata Party (BJP) to power. Prime Minister Narendra Modi will preside over a rare, third consecutive term in power, making him only the second Indian prime minister to do so after Congress leader Jawaharlal Nehru in 1962. However, although Modi has secured a third term, the BJP failed to achieve an outright parliamentary maj ...

President Biden's announcement of new tariffs on China, though not economically significant on its own, symbolizes the deepening decoupling of the U.S. and Chinese economies. These tariffs, supported by both major political parties, represent the latest step in a broader strategy that favors policy interventions over traditional free-market principles and aims to protect domestic workers, maintain technological leadership, and prioritize economic security. This policy brief discusse ...

The Law of Self-Suffering Mahatma Gandhi, born 1869, assassinated 1948, demonstrated in his struggle for the independence of his native India (resisting British colonial arrogance), that passive resistance had a chance, despite being insulted by British statesman Winston Churchill as the “Hindu Mussolini”. Gandhi, a physically fragile man of just about 50 kilograms, dressed in white cloth (a white shawl and dhoti, allegedly woven by himself), and was, and forever is, the ‘bapu’ of ...

The Internaional Monetary Fund World Economic Outlook, issued on April 16, projected China’s economic growth rate at 4.6% and 4.1% for, respectively, 2024 and 2025. In 2023, after China’s economic reopening with the end of the ‘zero-COVID’ policy, the rate was 5.2%, above the official target of 5% (Figure 1). For 2024, the official target has been set at 5% again. Notwithstanding the challenges we discuss here, China’s macroeconomic performance in the first quarter of 2024 has been ...

The destruction of a vibrant and historic nation, sprinkled with color and culture, turned into a footnote of geopolitics. The more than 377,000 war victims disappeared from global headlines. The official fighting ended in Yemen on March 29, 2022. A ceasefire was declared by the Saudi Arabia-led coalition and the rebellious Houthis. China’s foreign minister, Wang Yi, praised “the wave of reconciliation” that swept across the region. The main foreign supporter of Yemen’s Houthi—Iran— ...

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En octobre 2023, la Chine a organisé le 3ème forum de l'Initiative « Ceinture et Route ». Le choix de la date n’était pas anodin, étant donné qu’elle coïncidait avec la célébration du 10ème anniversaire de l'Initiative. Une initiative aux multiples composantes L’Initiative « Ceinture et Route », également connue sous l’acronyme BRI (Belt and Road Initiative), a été initialement conçue pour permettre à la Chine de renforcer ses liens commerciaux avec les Etats partenaires de son I ...

La pandémie de la Covid-19 était venue contribuer au ralentissement de la cadence des investissements chinois dans le cadre de l’Initiative Ceinture et Route « Belt and Road Initiative (BRI) ». Entamée dès 2016, cette tendance à la baisse a été accentuée par les tensions géopolitiques et les problèmes internes qui ont affecté l'économie chinoise. Nonobstant ces contre-temps, la Chine a atteint l’un de ses plus grands objectifs : étendre son influence à travers le monde. À l’occasion ...

The Belt and Road Initiative (BRI), launched by Xi Jinping, passed its tenth anniversary in 2023. It has entered a third phase. The initiative added a label to China’s financing and construction of infrastructure abroad, which had already totaled more than $400 billion in the previous 10 years. In addition to the use of investment projects as part of Chinese ‘soft power’, the BRI has served to increase levels of usage of the country’s excess installed capacity. China’s economic re ...

The surprising victory of Javier Milei, the unconventional ‘anarcho-capitalist’ candidate, in the August primaries ahead of Argentina’s October 2023 general election, can be largely credited to his commitment to dollarize the Argentine economy, a move perceived as the ultimate solution to bring an end to the nation's economic turmoil. The potential shift from the local currency to the dollar has sparked concerns about Argentina's bilateral currency swap line with China. This swap l ...

In recent years, Iran has witnessed high levels of societal unrest, which has roots extending deep into the country’s rich history. Anti-regime protests notably spurred by tragic events such as the death in custody of a young woman, Mahsa Amini, have exposed the dual nature of Iran—the resilience of its young people and the severe crackdown put in place by its regime. Mahsa Amini, a 22-year-old Kurdish-Iranian, was apprehended by Tehran's "morality police" on 13 September 2022, al ...

The G20, since its emergence in 1999, has played a crucial role in maneuvering the economy, envisaging a new global financial architecture, and steering clear of the roadblocks hindering economic development. Also known as a ‘multilateral economic caucus’, the G20 has served as a platform for both developed and emerging economies to engage in constructive dialogue. Having as a theme Vasudhaiva Kutumbakam or ‘One Earth— One Family—One Future’, India has assumed the leadership of the ...

Kim Ju-ae, supposed daughter of North Korean dictator Kim Jong-un, was introduced by her father for the first time to the world and 26.1 million citizens of the Democratic People’s Republic of Korea (DPRK) on November 19, 2022. Her first public appearance was unusual: at the launch of an intercontinental ballistic missile (ICBM) costing up to $10 million (Los Angeles Times, November 4, 2022). Unlike a DPRK spy satellite launched on May 30, 2023, which broke up in midair before reach ...

At the August 22-24 BRICS summit in Johannesburg, the leaders of Brazil, Russia, India, China and South Africa said they wanted to use more of their national currencies for cross-border payments, which are currently dominated by the U.S. dollar and other global convertible currencies. Like China and the other BRICS, several other countries have also sought to develop alternative external payment mechanisms. Pairs of countries have agreed to settle commercial and financial transactio ...

China is the largest developing country. Africa is the continent with the largest number of developing countries. The China-Africa economic relationship has developed rapidly over the last two decades. China has increased its investment in Africa over the last four decades. Flows surged from $75 million (2003) to $5 billion (2021). This has had both positive and negative impacts on Africa. Infrastructure improvement, job creation, and overall economic growth can be listed as positiv ...

This paper aims to investigate the impact of an inflation targeting framework adoption by the central bank, on the reduction of public debt ratios in emerging countries, through the potential discipline-enhancing effect of inflation targeting on the conduct of fiscal policy in general. The impact evaluation method used is the Propensity Score Matching (PSM), which allows the evaluation of the treatment effect of inflation targeting on fiscal discipline, in terms of public debt reduc ...

La première bipolarisation a appartenu au XX° siècle et opposé États-Unis et URSS. Avec la guerre froide, elle était l'expression de la rivalité entre deux systèmes antagonistes. La seconde est née de la montée de la Chine populaire qui est entrée en compétition avec les États-Unis. Une compétition au départ économique et technologique, devenue aussi, au fil du temps, culturelle et stratégique, dans un monde interdépendant et digitalisé, mais également segmenté, complexe et incertai ...

This policy paper examines India’s growing engagement in North Africa, focusing on five countries: Morocco, Algeria, Tunisia, Libya, and Egypt. Despite lacking a distinct regional policy for North Africa, India has amplified its bilateral engagement with these countries, underpinned by a steadfast commitment to the principle of South-South cooperation. Through its strategic moves in North Africa, India has established a powerful southern-west axis for its foreign policy that stretch ...

L’Afrique est plurielle, comme le sont les investissements chinois sur son continent. Cette étude montre que, contrairement à ce que l’on mettait en avant durant la décennie 2010, ces investissements ne se limitent pas à l’exploitation du sous-sol africain. Les opérateurs chinois, privilégiant le long terme, se montrent le plus souvent patients et discrets, ne ciblant pas les seuls investissements miniers. Concernant les secteurs principalement bénéficiaires de ces investissements, ...

The big menacing balloon, about 60 meters in height and an estimated couple thousand pounds, was not carrying extraterrestrials or some exquisite new covid viruses from Wahun, China. A spying monster, as Washington's Secretary of State, Antony Blinken insisted, deployed by Beijing to "attempt to surveil very sensitive military sites" (CNN, February 19, 2023). The balloon, large as roughly three buses, went over several military installations," in some cases loitering", claimed Bli ...

China’s rate of economic growth has slowed. Chinese GDP ended 2022 up 3%, but this was the lowest growth rate in the last 40 years, except for 2020, the first year of the pandemic. In addition to problems in its real-estate sector, China’s severe ‘COVID zero’ confinement policy is one of the causes. The post-‘COVID zero’ reopening of the Chinese economy has improved its growth outlook. In the International Monetary Fund’s annual report on China, published in early February 2023, 5. ...

Background The African Union in 2018 agreed to implement the world’s second-largest free-trade area measured by number of countries, people, and geographical size, with the signing of the African Continental Free Trade Agreement (AfCFTA). This agreement will ultimately lead to a continent-wide free trade area consisting of 54 countries with 1.3 billion people and a combined GDP of $3.4 trillion[1]. This equates to about 19%-20% of the GDP of the European Union and China, which are ...

The volatility in energy markets since the outbreak of the Covid-19 pandemic in 2019/2020 has continued, with unprecedented uncertainty about global energy supply developing over the course of 2022 in the wake of Russia's invasion of Ukraine, against a backdrop of weakening macroeconomic conditions and high inflation. While some perceived this as a potential setback for the energy transition, others saw it as an opportunity to move away from fossil fuels and accelerate the developme ...

Les fluctuations que connaissent les marchés de l'énergie depuis le début de la pandémie de la Covid-19 en 2019/2020 se sont prolongées, avec une incertitude sans précédent, sur l'approvisionnement énergétique mondial, qui s'est développée au cours de 2022 à la suite de l'invasion de l'Ukraine par la Russie, dans un contexte d'affaiblissement de la macroéconomie et d'inflation élevée. Alors que certains voyaient en ce contexte un risque de ralentissement de la transition énergétique ...

L’objectif de ce papier est d’essayer d’examiner si l’implémentation du cadre de ciblage de l’inflation par la banque centrale, permet une réduction de la dette publique dans les pays émergents, à travers l'effet disciplinant du ciblage sur la conduite de la politique budgétaire en général. Pour ce faire, la méthode d’évaluation d’impact utilisée est l’appariement par score de propension ou Propensity Score Matching (PSM), qui permet l’évaluation de l’effet de traitement ...

The current bleak outlook for the world economy, with a likely recession in major economies, high inflation, rising interest rates, and slow productivity growth, will adversely emerging market and developing countries (EMDE) over the next few years. Unfortunately, these countries emerged from COVID-19 with less fiscal space and rising debt service payments. Policies to insulate the domestic economy from these external shocks will present policymakers with difficult choices among exc ...

Protests are a reoccurring reality in this troubled nation, located in one of the world's most essential and dangerous strategic regions. Tires are often burning, and women dance in the streets, clapping their hands in defying mode. Shots are fired, and at times live ammunition is used by the Basij, black-clad paramilitary units, mainly recruited in rural regions and symbolizing the rural/urban divide in the theocracy of 86 million people. The stormtroopers of the repressive Iranian ...

Les responsables des États du Maghreb aimaient donner en exemple l’expérience de la Corée du Sud : ils semblaient signifier que grâce à ses périodes autoritaires elle a pu accéder au développement économique, voire à la puissance économique et, du coup, à la démocratie. La Corée du Sud a développé sa présence économique mais aussi politique et culturelle dans les pays de la région maghrébine à partir de plusieurs entrées : les relations avec l’ensemble de la re ...

Why should this lady be terrified? She is worth 120 Million dollars, and the “New York Times” named her ( January 2, 2019)” an icon of female power”. If the US President and his Vice, Kamala Harris, are incapacitated and unable to lead, she will, as written in the Constitution, move into the White House, Nancy Pelosi, 82, Speaker of the US House of Representatives, and for 35 years, as Democrat,  member of Congress. No, she wasn‘t frightened of crude Chinese threats. She survived a ...

Si l’Afrique est de nos jours convoitée par de nombreux acteurs (Turquie, Chine, Russie, etc..), le Japon y renforce et diversifie sa présence. Deuxième contributeur de la Banque africaine de développement (BAD), le pays du « soleil levant » s’implante en Afrique centrale, du Nord et de l’Est, avec un focus sur le domaine technique avec des objectifs très précis (nouvelles technologies, sécurité alimentaire, infrastructures). C’est cependant un partenaire qui privilégie la discrétio ...

Chinese economic figures released since August’s beginning have shown a slowdown in its growth. New Omicron coronavirus outbreaks in the context of the Covid-zero policy, the housing slump and heat waves have been, decelerating the economy’s pace. China’s current growth slowdown is an additional step in the trajectory of gradually declining rates that has accompanied the “great rebalancing” since the beginning of the 2010s. One significant difference now is the perception of exhaust ...

On these islands, writers and poets, and painters discovered unspoiled paradise, including promiscuous adolescent girls, which Paul Gauguin captured on canvass, his work admired by global art collectors until the French icon was accused of pedophilia- a century late, the beauties on the tableau seem to the self-appointed, global morality brigades to be children, or, who knows, young ladies suffering anorexia. The islands of the South Pacific, or Pacific in general, seemingly lost in ...

L’invasion russe de l'Ukraine a incité l'Union Européenne, en coordination avec d’autres puissances mondiales, à monter en urgence une réponse coordonnée de sanctions sans précédent. La plus emblématique d'entre elles est l'embargo partiel contre le pétrole et autres produits raffinés russes, qui signifie en essence la transition du commerce pétrolier d’une logique économique vers une logique géopolitique. D'où la montée en flèche des cours du pétrole et d'autres matières premières. ...

Amid a heated election battle for the re-election of the Japanese Senate, Japanese leader Shinzo Abe was assassinated in a dramatic way that caused great shock and disbelief in the Japanese public opinion. Dr. El Mostafa Rezrazi with PM Shinzo Abe at the Summit of the 5th Edition of TICAD held in Yokohama in June 2013 After his health deteriorated, the man voluntarily left office in 2020, but his party’s comrades persuaded him to give them more support in the election campaign. On ...

In the first half of this year, U.S. stock markets suffered a fall not seen in more than 50 years. The S&P 500 index on Thursday June 30 was more than 20% down compared to January, a drop not experienced since 1970. The S&P 1500 index, built by Bloomberg and incorporating companies of various sizes, has seen more than $9 trillion in stock value disappear since January. Except for energy stocks, all sectors have suffered value reductions. On Wednesday June 29, Citi announced ...

Les Dialogues stratégiques, une collaboration entre le HEC Center for Geopolitics et le Policy Center for the New South représentent une plateforme d’analyse et d’échange biannuelle réunissant des experts, des praticiens, des décideurs politiques ainsi que le monde universitaire et les médias au service d’une réflexion critique et approfondie sur les tendances politiques mondiales et les grandes questions d’importance commune pour l’Europe et l’Afrique. Cette publication est ...

Pursuing efforts to decarbonize economies and increase energy systems’ resilience is crucial to stay within global warming limits and fight the consequences of climate change, which are becoming increasingly acute. The transition to a net-zero economy will be commodityintensive and require significant quantities of critical minerals, defined as metals and nonmetals essential to high-tech sectors. As the shift to cleaner technologies progresses, supply of critical minerals for the en ...

Ce thème, abordé au Centre HEC de Géopolitique à Jouy-en-Josas, lors de la 12e édition des Dialogues stratégiques avec le Policy Center for the New South, une rencontre semestrielle, a permis de revenir dans le détail sur cette zone qui relie la Méditerranée à l’océan Indien, à la jointure de trois continents : l’Asie, l’Afrique et l’Europe. Cette route maritime qui s’étend sur plus de 2 200 km, pour une largeur qui varie de 300 km à moins de 30 km entre Djibouti et le Yémen, représ ...

Le retrait des troupes américaines d’Afghanistan et la reconquête, rapide et sans résistance notable, du pouvoir par les Talibans, a ouvert un nouveau chapitre dans l’histoire particulièrement tumultueuse de ce pays. La mise en oeuvre de la décision américaine a suscité des remous sur le plan interne et des critiques sur le plan extérieur, particulièrement de la part des alliés et des partenaires de Washington. Les engagements pris par les Talibans en vertu de l’Accord signé le 29 f ...

“Turkey’s turn to Africa is the result of several factors: the economic liberalization process undertaken in the 1990s, Ankara’s aim for greater voice in international institutions, and Turkey's rivalry with Egypt and the Gulf states. Scholars have observed that Turkey's public diplomacy, which some have dubbed the “Ankara consensus” is consciously designed as an alternative to the Washington consensus of neoliberal economic growth and the Beijing consensus of state-led growth, that ...