The coronavirus outbreak poses a tremendous test for Beijing. Beyond the immediate public health crisis, the Chinese Communist Party faces a stuttering economy, growing public distrust, and a potentially heavy blow to its global reputation.
The yuan recently exceeded seven to the U.S. dollar, prompting the Trump administration to officially label China a currency manipulator. This argues that potential efforts by the U.S. Treasury to reverse the yuan’s slide would be more concerning.
Chinese observers have trained their focus on what the ASEAN Outlook on the Indo-Pacific means for Beijing’s relations with Southeast Asia. Come 2020, it is likely that China would demand greater clarity concerning the practical “deliverables.”
This seeks to understand the dynamics of how India and China engage with international financial institutions. It unpacks the interrelated economic, political, and strategic motivations behind their approach towards multilateral economic governance.
In 2018, the Chinese government formed two new bodies expected to improve China’s response to natural hazards and humanitarian emergencies in other countries. This examines the implications for Southeast Asia.