SAFRICA-AFRICA-CHINA-FORUM-ECONOMY-FINANCE

China is Outpacing and Outspending the U.S. in Diplomacy and Development

At the same time the United States is considering cutting funding for diplomacy and development by 30 percent, China doubled its diplomacy budget over the last five years, proposing to increase its foreign affairs budget by 15 percent in 2018 alone.

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A Breakthrough in Arctic Trade Routes

Polar caps in the Arctic are receding, creating access to new trade routes for parts of the year. The routes are valuable short cuts for global trade but the waterways are precarious to navigate with unpredictable weather, the need for specialized icebreaking ships, and the necessity to operate at slower speeds, all of which make the routes less commercially reliable and partially offset the savings in time and fuel. So why are Russia and China racing other major powers to gain control of these waterways?

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What You Need to Know About “Made in China 2025”

U.S. trade policy toward China under the Trump Administration is heavily focused on addressing the perceived unfairness and competitive disadvantages created by China's industrial policies, chief among them, Made in China 2025. Here's your Essential graphic on the policy's core components.

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Why Does Everyone Hate Made in China 2025?

Made in China 2025 calls for achieving “self-sufficiency” through technology substitution while becoming a “manufacturing superpower” that dominates the global market in critical high-tech industries. That could be a problem for countries that rely on exporting high-tech products or the global supply chain for high-tech components.

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ZTE phone

Beyond ZTE: China’s Drive to be a Technology Superpower

President Xi Jinping has a vision that China will be a science and technology superpower. To achieve that goal, China is building the most extensive information and communications technologies (ICT) and cyberspace governance system in the world. Here's how they're doing it, and what the United States should do about it.

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Breaking the status

Investor-State Dispute Settlement Faces Hurdles on the Road Ahead

The United States has a long history of advancing the rules-based order and, as a practical matter, has never lost a dispute arising from one of its many investment agreements. But investor-state dispute settlement procedures may not have a future.

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On Whose Turf Will the Trade War Be Fought?

While President Trump believes China's large trade surplus shifts the balance of power in a tariff war to the United States, China can respond by punishing U.S. affiliates, who are sitting ducks in a trade war.

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Investor-State Dispute Settlement: Who Uses It?

With over 2,500 international investment agreements in force and only a total of 817 known investor-state dispute settlement arbitrations, it's safe to say that the majority of these agreements have operated without a single dispute.

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Mapping Investment Agreements

International investment agreements have been a remarkably successful policy innovation: today, there are over 3,000 of them in force worldwide.

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Investor-State Dispute Settlement: What Accounts for the “Special” Process?

Trade rules typically cover a category of goods or services and affect all firms engaged in trade. Investment disputes, on the other hand, are usually about a state's treatment of an individual enterprise.

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