Politics

The world is concerned that the Chinese people are beginning to lose confidence in China’s future, dampening the prospects for sustainable development. Researcher Wei Da believes that there is little connection between this crisis of confidence and the cyclical boom and bust of the economy, but China’s severe economic problems are ultimately political problems.

As China’s financial system remains plagued by trillions of dollars in local governments’ hidden debt, policy makers may need to take drastic measures to solve the problem.

Former journalist Goh Choon Kang notes the gap between the global north and global south, with more affluent countries not delivering on promises and commitments made to less developed countries. Is there hope of reconciling the strong and the weak?

During a recent geopolitics conference in Taipei, experts weighed in on the Taiwan Strait situation, assessing that political factors are more likely than military factors to trigger a war. Lianhe Zaobao journalist Miao Zong-Han tells us more about what the experts said.

The PLA has increased the number of military exercises conducted with its smaller regional neighbours this year. But the scope, frequency and sophistication of the exercises still lag behind those conducted by the US. The aims and outcomes of China's joint exercises also differ from those of the US. ISEAS researcher Ian Storey says that all this points to a lack of trust on China's part.

China’s Global Civilisation Initiative (GCI) claims to promote inclusivity and cultural diversity. A litmus test of its credibility would be how China has and will deal with variations of cultures and identities that exist within and outside the country.

Surveys show that the elite’s opinion toward China diverges with those of citizens in Singapore and Indonesia. Elites tend to weigh long-term geopolitical strategies and have more access to information, but increased citizen engagement will enhance foreign policy.

With China-Russia trade leaping many-fold since Russia’s invasion of Ukraine, both sides have forged stronger cross-border transport and freight links, says US academic Chen Xiangming. However, this comes with challenges, due to Russia’s historical orientation toward Europe and severely underdeveloped Far Eastern regional and local economies.

Chinese President Xi Jinping’s likely absence from the upcoming G20 summit in New Delhi sends a message, amid tensions with India. However, it also means that there is less of an opportunity for China to engage with the US. Does this also mean that China is less interested in talking to the US, or is it leaving that encounter for later at the upcoming APEC summit in San Francisco?