119 of the Fortune 500 list of the world’s largest companies are now Chinese, just behind the US (121). How does a Chinese transnational differ to a Western one and what are the implications for movements that confront their impacts?
This briefing aims to deepen discussion on the Belt and Road Iniatiative (BRI) in Myanmar. The BRI is often described as a ‘grand strategy’ led by President Xi Jinping, centrally planned and rolled out by obedient state-owned enterprises (SOEs). The sheer size of the initiative – 136 countries have received US$90 billion in Chinese foreign direct investment and exchanged US$6 trillion in trade with China - can make the BRI appear monolithic and inevitable. However, using a political economy analysis, this briefing demonstrates that the BRI is not a grand strategy, but a broad framework of activities that seek to address a crisis in Chinese capitalism. An examination of four BRI projects in Myanmar using Chinese language sources shows the extent of lobbying by Chinese SOEs and the Yunnan provincial government to promote the projects, with support from the central Chinese government.
A Memorandum of Understanding to establish the China Myanmar Economic Corridor (CMEC) was signed by the governments of Myanmar and China in September 2018. The CMEC forms part of China's Belt and Road Initiative (BRI), a 21st century reimagining of the ancient Silk Road, the network of land and sea trade routes that once linked Imperial China with markets in the west.
Chinese investments in Europe have surged in recent years, totaling €35 billion in 2016. This paper examines the nature and scope of Chinese investments, how investments in Europe differ to those made in the Global South, why the Chinese state is interested in investing in the Europe and the implications for social movements committed to social justice.
Aung San Suu Kyi and her NLD government faced a tough situation with China at the time of their inauguration in March. But, as she visits Beijing this week, hopes are high again in China that a redirection of Myanmar's foreign policy could be underway and the pendulum of Myanmar's balancing diplomacy is swinging back to the east. But many challenges lie ahead. These include resolution of the Myitsone dam impasse, repositioning political relations between the two countries, and peaceful settlement of ethnic conflicts in the Myanmar borderlands. The stakes are very high. The outcome of Aung San Suu Kyi's meetings could well come to define Myanmar-China relations for many years to come.
Women of China - On Friday October 23, the Brookings-Tsinghua Center for Public Policy "Reform or Perseverance" panel discussion took place in Beijing, for experts to discuss findings from a recent evaluation into the effectiveness and costs of international drugs policy, ahead of next year's UN meeting on the "World Drug Problem" (UNGASS 2016).
For decades, ketamine was only manufactured by pharmaceutical companies. Technically, it was too complicated to be made by amateur chemists. But in the past five years, that has changed. Chinese drug gangs have cracked the code, figuring out how to manufacture large batches of cheap ketamine. Drug traffickers don't bother to steal ketamine from legal sources anymore. Instead, they're making their own. It's largely a Chinese breakthrough.
Industrial tree plantations (ITP), as a newly emerging sector, is expanding quickly and massively in Southern China, involving foreign corporations (including Finnish and Indonesian) tied to a variety of domestic partners, both state and corporate. In some places, the villagers embrace the land deals, while in others these land deals have provoked conflicts.
Since the liberalization of the Sino-Soviet border, Chinese peasants, migrants, and investors have been actively engaged in agriculture in the Russian Far East (RFE). These range from agricultural laborers contracted by labor-exporting firms, to farmers who have set up their own small and medium-sized farms.
China is one of the major investors in hydropower development in mainland Southeast Asia, yet Chinese involvement in hydropower varies across the region. Popular and expert viewpoints on China’s investment in hydropower also vary widely.
Development cooperation is an increasingly prominent focus in Chinese foreign diplomacy, and a central justification for Chinese firms’ engagement in large-scale land acquisitions (LSLAs) across the global South.
As Brazil and China become the world’s leading exporter and importer of soybeans respectively, Chinese companies have sought investments in Brazil to wrest greater control over the flows and profits of the international soybean trade from North Atlantic-based transnational companies. While some promote these as positive “South-South cooperation”, many others condemn them as neocolonial “land grabs” that displace peasants, cause environmental degradation, and deindustrialize the Brazilian economy.
New geopolitical dynamics and the surge for natural resources, such as land, accompany the rise of the BRICS countries in the global arena. In this paper, I discuss the case of Chinese agricultural land investments in the Central Asian state, Tajikistan. Emerging from a Soviet past, Tajikistan seems to be on its way to becoming one of China’s newest satellite states.