International organizations

With all eyes on Indonesia as the G20 chair, the summit concluded successfully as Indonesian President Joko Widodo deftly balanced the demands of the G20 members amid the Russia-Ukraine war, along with a painstakingly crafted joint declaration that addresses the war. ISEAS academic Leo Suryadinata gives us a look at how Indonesia managed to handle the situation while making it clear that the economic summit is not a platform to discuss security.

The Group of 7 are relatively aligned in their perceptions of global challenges, particularly when it comes to strategic competitors such as China and Russia, but the same perceptions do not hold true when it comes to the remaining members of the bigger Group of 20.

ASEAN is set to play host to world leaders, with three major events coming up over the next two weeks in Cambodia, Indonesia and Thailand. The highlight is the G20 summit in Bali, where US President Joe Biden and Chinese President Xi Jinping are expected to meet face-to-face for the first time. Zaobao associate editor Han Yong Hong analyses what we can expect from these meetings.

Chinese State Councilor and Foreign Minister Wang Yi has been busy meeting with key political figures while attending the 77th United Nations General Assembly in New York. Will this help to smooth relations between China and the world, especially the US? Or will it be seen as just another PR effort before the upcoming 20th Party Congress? Zaobao correspondent Yu Zeyuan tells us more.

East Asian Institute academic Yu Hong analyses the G7’s Partnership for Global Infrastructure and Investment, an update from the earlier Build Back Better World Initiative. With the aim of mobilising up to US$600 billion over the next five years, it is a much more robust effort to counter China’s BRI. But will such heft be enough? This is the first in a five-part series of articles on the future of China.

In a changed world post-pandemic and against the backdrop of the war in Ukraine, Asia will face pressure from competing minilateral coalitions amid the breakdown of multilateralism and the weakening global and regional institutions. This time, it may not be so easy not to take sides, says Professor C. Raja Mohan. This is the second in a series of four articles contemplating a changing world order.

Erik Baark points out some of the peculiarities of China’s emissions trading system (ETS) with Chinese characteristics on its one-year anniversary. Going forward, will the Chinese ETS gradually morph into an ETS in the likes of the EU ETS as it works towards meeting its dual carbon ambitions?

China has doubled down on its alignment with Russia against the West. This has led to a proliferation of minilaterals and security partnerships aligned with the US. China's launch of its Global Security Initiative is not helping to assuage Western worries of Chinese ambitions and countries in the region are also wary. What will this mean for Southeast Asia?

Australia has made significant inroads in its engagement with ASEAN. But Canberra’s relationship with the grouping will be a hard slog, given their differences in approaching China and ensuring that China-US rivalry does not derail regional aspirations. In the meantime, Australia remains involved with the US in groupings including AUKUS and the Quad, maintaining relations with Japan and India.