Italian Prime Minister Giorgia Meloni and her party seem to be adopting a see-saw position on China, notes Italian academic Alessandro Albana. In contrast to voicing strong criticisms in the run-up to the elections, the new right-wing government seems to be engaging China, not least with PM Meloni striking a rapport with China’s President Xi Jinping at the G20 Summit in Bali. Do economic imperatives trump election rhetoric after all?
European Union
Politics
The ASEAN-EU Summit in Brussels highlighted potential areas for closer cooperation between the two regional blocs, provided leaders can surmount strategic and other differences at this tricky juncture in world politics.
Economy
The China Containerized Freight Index, which tracks spot and contractual freight rates leaving major Chinese container ports on 12 shipping routes, began to fall in August. These and other indicators point to Chinese exporters bracing for tough times. The main culprit is demand, which has fallen off in recent months in China’s three biggest export markets — the US, the EU and ASEAN.
Economy
This year’s dramatic geopolitical changes have significantly altered the calculus for foreign investment in China as large European enterprises are increasingly taking the lead and Japanese businesses are retreating in manufacturing and advancing in services. American companies, on the other hand, are frozen as the US government imposes tough sanctions on China’s tech sector and as manufacturers weigh strategic moves back to the US.
Politics
Analysing German Chancellor Olaf Scholz’s recent visit to China, former journalist Goh Choon Kang offers the view that Germany — along with much of Europe — has been “weaponised” by the US for its own aims, whether in terms of China policy or the war in Ukraine. This is a clear lesson for other countries, those in Southeast Asia included.
Politics
Diplomatic activities appear to be back at full swing after the 20th Party Congress. Zaobao correspondent Yang Danxu notes that the visits by heads of states to China are driven by Beijing’s objectives of bringing its neighbours close, stabilising relations with Europe, and strengthening relations with developing countries. Will this help improve China’s relations and international image, especially amid the tense geopolitical background?
Economy
As energy prices soar in Europe, the continent has been turning to China to get it through the approaching winter, from purchasing electric blankets and thermal stockings to importing natural gas. Zaobao’s China Desk explores the geopolitical factors involved and how Europe is both dependent on China and resistant to this dependence.
Politics
China’s American and European partners do not seem keen on granting China a “stable external environment” during the 20th Party Congress. With diplomatic sparring ratcheting up, Xi’s new team will have its work cut out when the congress ends in a few days’ time.
Politics
While the UK’s China policy would largely be business as usual with new Conservative Prime Minister Liz Truss at the helm, China may be in for a tougher time where it counts as the UK finds a renewed opportunity to influence European partners to work in concert with the US against China.