Chongqing’s GDP accounted for 2.3% of China’s total GDP in 2019, and roughly 2.4% of China-ASEAN bilateral trade volume. As the China-Singapore (Chongqing) Connectivity Initiative (CCI) enters its fifth year, EAI academic Yu Hong looks at the CCI and its major project, the New International Land-Sea Trade Corridor (western corridor), and discusses the challenges the western corridor faces in building itself as the foremost connectivity channel between western Chinese and ASEAN enterprises.
If elected the president of the US, Joe Biden will not necessarily gain traction in Southeast Asia by simply not being Trump. He will have to bring tangible economic and political options to the table, and harness the intrinsic power of America’s network of allies and partners.
Beijing has pledged financing, materials, technology and manpower to build railroads, hydropower stations and other infrastructure projects in Southeast Asian countries under the BRI. But China continues to face enormous challenges getting projects off the ground in countries that need the investment most. US academic Murray Hiebert examines why.
The world has become greener and cleaner because of a drastic drop in human activity brought about by the pandemic. Professor Koh Lian Pin opines that these effects may be only temporary but the fact remains that the world needs to direct more attention to climate change. He sees China playing a bigger role in implementing nature-based solutions for climate and sustainable development. With its experience and immense investments in scientific research and development, it could even lend a hand to countries in the Asian region.
Japan has taken the lead in propagating a vision of regional order for more than a decade. Its geopolitical strategy seeks to constrain China at a time when Southeast Asian countries fret about China’s military buildup, its expansion in the South China Sea and its controversial Belt and Road Initiative. ISEAS academic William Choong explains why Japan's endeavours have not been smooth, yet should not be discounted yet.
Thailand has terminated a China-led project on the Mekong River, following resistance by locals and conservationists. ISEAS visiting fellow Supalak Ganjanakhundee explains how this will affect the future of the Mekong River.
Professor Zheng Yongnian recognises that the economic impact of the coronavirus will be deep. Beyond thinking about whether short-term cash payouts should be given, he mulls over measures that can see China through protracted headwinds. Key is the political will needed to move the country’s strategies away from GDPism, or an obsession with GDP, to those of building social safeguards as the country strives to build a sustainable economy.