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Chinese companies see ASEAN as a bright spot for investment

According to a pulse survey conducted by Standard Chartered, Chinese companies are attracted to ASEAN’s large market and potential as regional production bases. External factors such as the Regional Comprehensive Economic Agreement (RCEP) could also funnel greater Chinese investment into the region in areas such as high-value manufacturing, energy and digital services.

New breed of American China experts see China with a colder eye

Chinese academics have long admired the old guard of American sinologists who had a soft spot for China. But they must now discard any left-over sentimentality for these old heroes, says Wu Guo, and welcome the new generation of China hands that they will have to deal with. The post-70s and post-80s generation of China specialists dominate US President Biden’s China policy team, and will be the ones to watch in the analysis of US-China relations.

US-China relations: Can we pin our hopes on future generations?

While views of China remain largely negative in the West, US academic Zhu Zhiqun finds one bright spot — the young who appear more receptive to alternative views of China. Will their openness help to improve the state of US-China relations?

Will the US be left out of China’s space station projects?

When the US started the International Space Station (ISS) in the 1990s, China was not part of the programme. While many think that China was left out, others say that China spearheaded its own spaceflight programme and never asked to be included in the ISS. Now, with China’s Tiangong space station project well underway, it could push ahead and lead the space exploration race when the ISS expires in 2024. Zaobao correspondent Yu Zeyuan explores the implications.

Shifting supply chains from China to Southeast Asia is hard but necessary

Amid the effects of the China-US trade war and the Covid-19 pandemic, global manufacturers are seeing the need to adopt a ”China+1“ strategy by diversifying their supply chains or business operations beyond China. However, moving parts of the supply chain to the Southeast Asian region is not so straightforward. What challenges do they face and how are they overcoming them? Will China's position as the "world's factory" be shaken and how will its economic model be changed?

Chinese economics professor: How I fell for a scam

After a good laugh over falling for a phone app scam, Chinese economics professor Li Jingkui says seriously that the scammers’ tactics involved simple economics and he should have caught on to it sooner. But perhaps he was just being human and some knowledge of psychology would have been more helpful in this case?

Taiwanese youth: Taiwan not the 'most dangerous place on earth'

People often compare Taiwan and mainland China, and even the Taiwanese knock themselves for lagging behind, especially in terms of economy and business. One frequent comment is that Taiwan is content with “small blessings”. Social entrepreneur and columnist Jack Huang disagrees, saying that the youth in Taiwan are channelling their energy into worthy causes and working hard towards building an inclusive society and a better world for everyone.

China’s demographic crisis: The farmers should have a say

Han Dongping points out that the views of the rural population in China should be taken into account in the three-child policy or other population policies. They were the most affected group when the the one-child policy was implemented decades ago. The government made the mistake of not consulting them then, alienating their stronghold of support in the process. They should not make the mistake again.

Guangdong nuclear power plant incident: Making a mountain out of a molehill?

Following news that the French co-owner of Taishan Nuclear Power Plant in Guangdong had written to the US Department of Energy regarding an “imminent radiological threat”, and disclaimers by state-owned majority owner China General Nuclear Power Group (CGN) that the assertions are false, Chinese social media has been in an uproar and accused Western media of stoking fires. While admitting that “about five” of the uranium fuel rods inside the power plant have been damaged, Chinese authorities maintained that there has been no radiation leak. Zaobao's China Desk puts together the ins and outs of the story.

Why Beijing offered to help raise the sunken Indonesian submarine Nanggala

China recently offered assistance to Indonesia in salvaging the sunken Indonesian submarine KRI Nanggala 2 in the Bali Sea. The submarine was lost on 21 April with its 53 crew members. ISEAS senior fellow Ian Storey examines Beijing's other intentions besides altruism.

Is Indonesia's foreign policy tilting towards Beijing?

Indonesian academic Aristyo Rizka Darmawan looks at Indonesia's engagement with China in recent years and notes that Indonesia has adopted a foreign policy that is driven by economic interest and transactional considerations. Despite its increased engagement with China, Jakarta would need to upkeep its relationships with other regional powers for a good balance.

Will the Taiwan Strait issue be internationalised under Biden?

Mainland China has most recently sent 28 aircraft close to Taiwan, prompting concerns that the situation in the Taiwan Strait might boil over, not least with US-led actions possibly internationalising the issue. What’s the true temperature of the situation? Zaobao correspondent Yang Danxu reports.

Chinese academic: Developing nations must be wary of internet platform companies and their capital

Qiao Xinsheng points out that one should not have any expectations about the globalisation of the job market. In the internet economy era, even though internet platform companies facilitate capital’s global search for talent, this has not improved labour’s freedom of movement in search of better job opportunities. Cheap labour will continue to be exploited through the long arms of overseas capital. Not only that, with these companies' technology-enabled capabilities to collect massive amounts of data, national security will be a concern.

Dual circulation strategy revisited: China deepens integration with the global economy

When China’s “dual circulation” strategy was launched last year, some analysts interpreted it to mean that China would be focusing more on its domestic market. Figures show otherwise. Studying trade and investment indicators over the past few months, Chen Gang concludes that China’s economic engagement with the world is increasing as it runs on dual domestic and external engines.

Will e-CNY spur the internationalisation of the RMB?

Academic Pei Sai Fan notes that China’s active promotion of the e-CNY has been closely linked to its ambitions of turning the RMB into a global trade and reserve currency. He says that the internationalisation of the RMB cannot be rushed. The more important thing for China to do now is to work on building its capabilities for crisis and risk management as well as gaining international support.

US-China competition in climate cooperation a good thing for Southeast Asia

The US is back in the international climate cooperation game, but the influence it will have remains to be seen. Its passing of a new omnibus package which includes major energy provisions to address climate change provides hope that partisan divides are not insurmountable. On China’s part, its 14th Five-Year Plan demonstrates strong impetus to tackle climate change issues. As for ASEAN, the ASEAN-China Strategy on Environmental Cooperation papers has enabled cooperation with China to progress well, but cooperation with the US can be improved with an institutional framework to bring climate cooperation to a higher level.

While the US sets new goals for G7, China sets new goals for itself

China was at the centre of discussions in the recently concluded G7 summit in Cornwall. While the US is corralling its allies to take a harder stance on China on various issues, a lot of this is all talk and it will be hard in reality to agree on and implement such plans, says Zaobao correspondent Yu Zeyuan. On its part, China is focusing on increasing its national strength to meet the challenge.