J. Michael Cole

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A Belt and Road rail link project at Tanjung Priok port in Jakarta, Indonesia, September 2022. Ajeng Dinar Ulfiana / Reuters

MundoAsia,

In the decade since Chinese leader Xi Jinping announced the Belt and Road Initiative, Beijing’s huge infrastructure and investment program has become a defining part of its foreign policy. In the BRI’s early years, dozens of emerging economies in Africa, Asia, and Latin America embraced the program, driven in large part by Beijing’s no-questions-asked approach to lending for megaprojects such as container ports, railway networks, and large-scale dams, and its seemingly limitless financial firepower. The lending spree caught Washington and its democratic partners by surprise, prompting wide concern that Beijing was saddling countries with unaffordable debt while financially backstopping authoritarian friends.…  Seguir leyendo »

MundoAsia,

The oft-neglected island-nation of Taiwan was at the center of international news this week after it was announced that its President, Ma Ying-jeou, and his Chinese counterpart, President Xi Jinping, will hold a summit in Singapore on Saturday.

Described as "historic," the meeting—the first between the leaders of the two sides of the Taiwan Strait since 1949, when Mao Zedong's Communists defeated Chiang Kai-shek's Nationalist forces in a brutal civil war, forcing Chiang and more than a million Nationalists to flee to Taiwan—promises additional drama ahead of Taiwan's upcoming presidential elections and could have repercussions on future relations between Taiwan and China.…  Seguir leyendo »