It’s been only three months since Rodrigo Duterte became president of the Philippines, and he has been trying to repair the China-Philippines relationship, an “icebreaking” move which looks like a sudden change out of strategic considerations. However, breaking the “ice” between China and the Philippines which has been frozen for five years doesn’t necessarily mean the Philippines will take a pro-China policy.
Since the announcement of the South China Sea arbitration ruling, China has responded through a series of effective diplomatic measures which exert influence on public opinion. At present, the South China Sea tensions have relatively eased, although the peace may be just temporary and periodical. The future South China Sea disputes would feature new developments, which will be more turbulent, complicated and hard to control.
With the China-US relationship becoming the world’s most important bilateral relationship and strategic interactions between the two countries playing a significant role in global restructuring, joint efforts by the two nations are vital to maintain world peace and stability.
US presidential candidates Hillary Clinton and Donald Trump held their first presidential debate at Hofstra University in New York State on September 26. The debate was very exciting, reflecting the vitality of the presidential election. Clinton showed the public her political experience, while Trump, a newcomer, also did not lose much ground in the debate.
The United States values its leadership a lot, although in East Asia, its fight for leadership with China would lead to cut-throat competition and antagonism in the region, said J. Stapleton Roy, a China expert and former diplomat, in a recent interview with Sino-US.com. From his perspective, East Asian countries would be reluctant to choose between the two and the US should emphasize its engagement instead of leadership in regional affairs to bring solidarity to East Asia.
David Dollar, an expert on Chinese economy, thinks highly of Premier Li’s UN visit, saying it should be awarded “high scores” during an interview with sino-us.com. He said Li’s attitude toward opening China’s markets and promoting Sino-US trade and commerce are quite encouraging and China has played an increasingly important role in global governance in many aspects.
With Clinton and Trump becoming presidential candidates of the Democratic and Republican Parties respectively, the election has reached a decisive stage. After living in the US for over 30 years, I engage myself in the election, and suggest Chinese observers to think “out of the box”. I believe that as long as Hillary Clinton would not blunder, the victory would go to the democrats.
China will possibly make big changes in its policies toward North Korea after the latter’s fifth nuclear test, while the United States, South Korea and Japan will impose more sanctions against North Korea.
The Chinese government provides implicit or explicit guarantee to banks, enterprises, local governments, securities and housing markets, increasing leverage ratios in the investment sectors. In this backdrop, risks would rise as its economy slows down. With accumulating debt in recent years, I believe China should take steps in the next three to five years to deal with the “bubbles”.
The Xi-Obama summit is of vital importance as it would be Obama’s last formal visit to China and the last official meeting between the two leaders. The outgoing president is doubling efforts to forge his diplomatic legacy, and this final summit will be hugely significant for the Sino-US relations.