Economics & Global Affairs

48 Items

Saudi Arabia’s Moment in the Sun

AP/Donna Fenn Heintzen

Analysis & Opinions - Carnegie Endowment for International Peace

Saudi Arabia’s Moment in the Sun

| May 07, 2019

As part of a high profile tour of China in February, Saudi Arabia’s Crown Prince Mohammed Bin Salman (MBS) has overseen a range of multi-billion dollar pledges and MOUs with Beijing. This partly reflects Riyadh’s desire to diversify sources for investments and technology following the mass withdrawal of major Western business leaders from the Future Investment Initiative in October 2018, after the murder of Saudi Journalist Jamal Khashoggi in the Saudi Embassy in Istanbul. Yet cooperation with China on renewable energy, if successful, would realize a significant first step towards Saudi Arabia’s lofty ambitions for solar and wind power.

Russian and Chinese flags sit side by side on a table in the Great Hall of the People, Beijing, on June 8, 2018.

(AP Photo/Mark Schiefelbein)

Analysis & Opinions - The Wall Street Journal

A Sino-Russian Entente Again Threatens America

| Jan. 29, 2019

Former national security adviser Zbigniew Brzezinski warned in 1997 that the greatest long-term threat to U.S. interests would be a “grand coalition” of China and Russia, “united not by ideology but by complementary grievances.” This coalition “would be reminiscent in scale and scope of the challenge once posed by the Sino-Soviet bloc, though this time China would likely be the leader and Russia the follower.”

The Chinese flag displayed at the Russian booth of import fair.

(AP Photo/Ng Han Guan)

Analysis & Opinions - The National Interest

China and Russia: A Strategic Alliance in the Making

| Dec. 14, 2018

THE YEAR before he died in 2017, one of America’s leading twentieth-century strategic thinkers, Zbigniew Brzezinski, sounded an alarm. In analyzing threats to American security, “the most dangerous scenario,” he warned, would be “a grand coalition of China and Russia…united not by ideology but by complementary grievances.” This coalition “would be reminiscent in scale and scope of the challenge once posed by the Sino-Soviet bloc, though this time China would likely be the leader and Russia the follower.”

One Fewer Reason to Be Nervous About the G-20 This Weekend

Gage Skidmore/Flickr

Analysis & Opinions - Bloomberg Opinion

One Fewer Reason to Be Nervous About the G-20 This Weekend

| Nov. 29, 2018

If asked what will be the most consequential meeting this weekend in Argentina at the G-20, you might have a hard time making up your mind. You’d have good reason to choose a) the Trump-Xi bilateral. But b), the gathering to sign the new Nafta deal, could also go awry. If you are like me, you are relieved that c), the Trump-Putin meeting, is now off the table.

People walk in Astana, Kazakhstan, on Jan. 23, 2017. (AP Photo/Sergei Grits)

AP Photo/Sergei Grits

Analysis & Opinions - The Brookings Institution

The New Geopolitics of Central Asia: China Vies for Influence in Russia's Backyard

| Jan. 02, 2018

Kazakhstan is a critical node and is now on the verge of China’s embrace. Not surprisingly, the government in Astana is keen to benefit from the project: It seeks to diversify its economy away from exporting oil and natural resources and wants to improve its road and rail infrastructures in order to expand its logistics sector. If successful, this could help Kazakhstan move from being a middle-income to a high-income country.

Russian President Vladimir Putin, left, is greeted by Chinese President Xi Jinping before the opening ceremony at the fourth Conference on Interaction and Confidence Building Measures in Asia (CICA) summit, in Shanghai, China Wednesday, May 21, 2014. (AP Photo/Mark Ralston, Pool)

AP Photo/Mark Ralston, Pool

Analysis & Opinions - Russia Matters

A Sino-Russian Military-Political Alliance Would Be Bad News for America

| May 12, 2017

When Vladimir Putin visits Beijing on May 14-15, he will likely join dozens of other countries’ leaders in singing the praises of President Xi Jinping’s international transport infrastructure initiative, known as “One Belt, One Road,” or OBOR. The fact that the Russian leadership has come around to supporting OBOR even though it will not necessarily be conducive to some of Russia’s vital interests signals Moscow’s readiness to pursue even closer ties with Beijing. This, in turn, could eventually culminate in the establishment of an official military-political alliance between the two countries if tensions between the West and Russia continue. The emergence of such an alliance would be bad news for America.