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.
Shanghai and Tokyo both have train systems, but there is a big difference between them in terms of scale, convenience, and commuter behaviour. Researcher Chen Hongbin observes that Shanghai has much to learn from Tokyo, and by extension other cities.
US-based Chinese researcher Zhou Nongjian takes a close look at Biden’s US$6 trillion stimulus plans to improve the US economy and meet the challenge from China. He asserts that infrastructure-building and poverty assistance plans are stop-gap measures that will not address fundamental problems such as the US’s loss of industries and declining national strength. Is the US president putting the cart before the horse?
Even as China embarks on various infrastructure projects, how many of these projects are actually useful, or bring real benefits to the people they are supposed to serve? Are all of these projects truly worth the money and effort invested? Commentator David Ng takes a closer look at a "white elephant" tram system in the Greater Bay Area and considers the issues involved.
US President Joe Biden has suggested an alternative to China’s BRI — one that is enterprise-led, rather than country-led, bringing together democratic nations to help developing nations to upgrade their infrastructure. How attractive would this option be amid some countries’ fears that China is extending its influence through the BRI?
The idea of the Kra Canal, prevalent in the 18th and 19th centuries, resurfaced in the late 1990s as the Khlong Thai or “Thai Canal” idea. However, the high investment costs, massive and unpredictable adverse environmental impacts, and security implications have all weighed against its realisation. A mega project proposal that envisions building a “Land Bridge” between Chumphon Province on the Gulf of Thailand and an enlarged deep-sea port in Ranong Province on the Andaman Sea has now been touted, supported by the Prayut administration. Academic Termsak Chalermpalanupap examines the options.
While China has soared ahead in other areas such as expressway construction and port development, it lags behind heavyweights like the US in railway development. A fundamental cause is relying on the government as its single investment channel. Plugging its railway gaps, literally and figuratively, would give China’s economic development a decided boost.
Values underpin multilateral cooperation, asserts economics professor Zhu Ying. The Chinese case is no exception. Their international engagement has been driven by values, whether in the early period of “leaning to one side” and becoming an ally of the Soviet Union, or the present “multilateralism with Chinese characteristics” held up by mechanisms such as the BRI. Question is, what incentive does the international community have to meet them halfway?
In May this year, China’s leaders proposed a new dual circulation strategy featuring both domestic and international circulation, with emphasis on the former. Associate Professor Gu Qingyang of the Lee Kuan Yew School of Public Policy (LKYSPP) notes how this new strategy will complement the current global economic system, and how it will affect the rest of the world.