At last year's G20 summit held in Turkey, President Xi Jinping called for a change in the growth model for the world economy, which is an incisive judgment. He also pointed out that the world needed to find new impetus to improve global governance, as the rise of China and other developing countries is changing the global political and economic structure.
The United States used to sell weapons on a large scale to Taiwan during a president's last year in office, but it might not sell submarine technologies to Taiwan this year because of the Chinese mainland's pressure since Taiwan's Democratic Progressive Party came to power.
"Indecent passage" is a derivative of "innocent passage". Coined by James Holmes, professor of strategy at the Naval War College, the term was first seen in his article titled "Beijing may ignore the South Sea ruling - but we must not", which was published on the National Interest website on July 14. Before that, the word was never used in any international law-related books and the UN Convention on the Law of the Sea (UNCLOS).
The relationship of China and Japan has been in hot waters, like the hot weather of August.
With less than 100 days to go before the US presidential election, the Democratic nominee for president, Hillary Clinton, is significantly ahead of Donald Trump, the Republican party's nominee, in the latest polls.
The current Asia-Pacific security is in disorder, and full of uncertainty. Frictions might grow as tensions rise in the South China Sea. The following are some reasons:
China's policy of not being the first to use nuclear weapons is in line with the code of conduct recognized by the international community, which is used to limit nuclear proliferation worldwide.
Since the South Korean government announced its decision to allow the US to deploy the Terminal High Altitude Area Defense (THAAD) system on its soil, the issue has been dominating the discussions about the strategic situation in East Asia.
The Unite States military forces have surplus capacity after the Cold War, since the military was built for a possible war with the Soviet Union. After the Soviet Union’s collapse, the US military forces exceeded the actual necessity, but it kept expanding.
In an era when new industrial revolution converges with information revolution, the economic neoliberalism advocated by the United States has lost its appeal. Nowadays, all countries are exploring new economic development paths while pondering over the role of state in protecting the economy.