Universal Studios Beijing opened to much publicity, with tickets being snapped up in just one minute. But some detractors question if this is exactly the sort of imperialism that China has grown out of and it should be developing its own mega attractions with Chinese elements. Would doing so simply entail rejecting Western influences? How can it develop a concept that truly reflects a flavour of China or its popular culture?
Zhang Rui analyses that there are more pros than cons to China’s entry to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) whether one looks at it from China’s individual economy, regional industrial chains or global income gains. However, sizeable obstacles stand in the way of its entry, not least US-led political roadblocks, even if the latter is not currently a member of the reconfigured CPTPP. China’s internal system and regulations will also have to change to meet the rigours of the high-standard CPTPP. Can China play the long game and will the world truly move closer towards Asia-Pacific economic integration?
Vietnam’s trade deficit with China has grown rapidly since 2001, and its heavy dependence on Chinese intermediate and capital goods creates vulnerabilities in its entire production chain. Besides, China has a history of using trade as a weapon to punish countries with which it has disputes. To reduce its trade dependence on Beijing, Vietnam has signed a number of new-generation free trade agreements (FTAs) in recent years, but these efforts have not produced desired outcomes. Vietnam will need to increase the utilisation rate of these agreements and push forward economic and institutional reforms to strengthen its overall economic resilience.
As an increasing number of Chinese enterprises venture overseas and the BRI project continues its expansion, Peng Nian notes the rise in attacks targeted against these projects. He says much can be done to strengthen the safety awareness of Chinese enterprises, especially as many of them operate in unfamiliar or far-flung locations.
Portugal has in the past decade developed very lucrative relations with China. Chinese investment significantly assisted its recovery from the 2008 global economic crisis. However, Lisbon’s increasingly close ties with Beijing have raised serious concerns in Washington.
Last month, following a question by a Diet member, Japan's education minister announced a fact-finding investigation into the presence of Confucius Institutes in Japanese educational institutions. What influence do these Confucius Institutes have in Japan and should they be allowed to continue being in operation?
Malaysian researchers Abdul Razak Ahmad, Kuik Cheng-Chwee and Lai Yew Meng comment that China’s deployment of People’s Liberation Army Air Force aircraft near Malaysia’s air space last month smacks of hypocrisy and creeping hegemony. They warn that Beijing may not be as benevolent as it wants smaller states to believe.
China and Myanmar are said to have a “pauk-phaw” or sibling relationship. Many people in Myanmar, however, are clear-eyed about the limits of the bond. Who are the true beneficiaries of Chinese investment in Myanmar? Why are the people protesting while the higher-ups eagerly sign huge contracts with China and other countries?
George Yeo, Singapore’s former foreign minister, shares his thoughts on China’s evolution with Lianhe Zaobao on the occasion of the 100th anniversary of the founding of the Chinese Communist Party. He sees the milestone as just a pitstop in the long journey of the Chinese nation. Fresh thinking and innovation will be needed as the country progresses. Equally important, developing a “broad-minded and big-hearted nationalism” which is humble and learns from others will keep China on the path of being a great nation. Here are edited excerpts from the interview.