Setting up a new joint secretariat could be key to keeping engagement between the world's leading economies on track.
The telephone rang and rang in Beijing on February 4, 2023. U.S. Defense Secretary Lloyd Austin was attempting to call China’s defense minister, Wei Fenghe, to explain why two American F-22 fighter jets had been dispatched to shoot down an errant Chinese surveillance balloon off the coast of South Carolina. Minister Wei (who has subsequently been replaced by Li Shangfu) never took the call. His spokesperson claimed that a hyper-reactive U.S. had not created “the proper atmosphere” for
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Washington’s $370 billion Inflation Reduction Act was seen as a generational opportunity for miners in the U.S. as well as mineral rich trading partners. But almost two years later, the North American mining industry is in crisis and no closer to chipping away at China's dominance. What went wrong?
The academic explains why we need to look beyond the actions of the Chinese government to understand how and why China is shaping countries in the region.
Navigate China's Business Landscape with Confidence.