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Geopolitics Opinion
The French president wants to unleash an “investment shock” in strategic industries in the EU, but subsidies alone are unlikely to make the bloc competitive. Emmanuel Macron, France’s president, has recently given a number of sobering speeches about Europe’s future. His main message: Europe faces a dangerous set of challenges that could destroy the EU...
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Several Southeast Asian leaders were feted by Russian President Vladimir Putin at last week’s Belt and Road Forum in Beijing as part of his pivot to Asia, elevating the importance of the region’s political centrality and economic vitality to Russia’s Indo-Pacific strategy. This was Putin’s second official foreign trip since the International Criminal Court issued an...
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The European Union’s call to investigate Beijing’s use of state subsidies in the production of Chinese electric vehicles, along with the possibility of tariffs on EV exports to Europe, comes as Chinese carmakers diversify their manufacturing of EVs into Southeast Asia. Chief among Chinese EV makers’ prospective hubs is Thailand. The country has by far the largest automobile...
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What the USA has labelled the Indo-Pacific (I-P) has become a central arena in the USA’s conflict with China. A conflict that has rapidly developed over the last 5 years from a trade dispute to a broad and increasingly ideologically based attempt to counter and constrain China at all levels. This is seen by the...
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The recent meeting of the BRICS in South Africa, or to give its full title – The BRICS Partnership for Global Stability, Universal Security, and Innovative Growth – witnessed its substantial enlargement, from the initial five countries of Brazil, Russia, China, India, and South Africa to 12 countries. The enlarged BRICS now includes the UAE,...
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There is little doubt that on October 7th, 2022, by intensifying and widening its export controls the US engaged in a “hot war” against China by attempting to destroy that country’s  capacity to develop further its semiconductor industry. The US has effectively unleashed a campaign of industrial sabotage against China across this crucial industrial sector....
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After one year of war in Ukraine, it is evident that European countries must significantly increase their defence spending and rebuild their capabilities. Whilst it is true that Germany has taken some independent steps forward regarding defence, this is not detrimental to collective European defence efforts. In fact, greater Franco-German cooperation (and a more defence-minded...
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The article (link) examines the rationale behind the exploration by the vast majority of the world’s central banks of introducing central bank digital currencies (CBDCs). The phenomenon is discussed in the context of a number of key issues: a) the main drivers of central bank interest, b) the crucial role of public money in supporting...
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Two well-respected analysts and commentators, John Mearsheimer (2022) and Wolfgang Streeck (2022a and b), have recently put forward a persuasive thesis that historical and contemporary fault-lines are placing the EU in a position where its political and economic independence may be terminally challenged (see especially Streeck (2022b) in an Unheard interview. In summary, the thesis...
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The USA’s long-awaited ‘Indo-Pacific Economic Framework for Prosperity’ (IPEF)[1] was released on 23 May at the Tokyo meeting of the Quadrilateral Dialogue (Quad). The IPEF complements the ‘The Indo-Pacific Strategy of the United States’ (Executive Office of the President 2022) launched on 11 February and the two documents have much in common, which reflects the...
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