#economic
The Shifting Balance of Power and the Rise of Minilateralism: The Indo-Pacific and Beyond
Until recently, multilateralism formed the backbone of the post-war rule-based international order. However, multilateral organizations such as the United Nations have increasingly struggled to effectively address regional and global challenges. Dissatisfaction with the existing institutional framework, coupled with the intensifying superpower competition between China and the US, have instead brought about a worldwide rise in new minilitaral agreements.
Unlocking the Potential of EU-India Relations: The ‘China Factor’
India has traditionally championed the principles of strategic autonomy and non-alignment as core guiding tenets of its foreign policy. However, in recent years there have been marked shifts, most notably in its security and economic ties with the EU, that suggest a recalibration of India’s outlook. This development can be attributed to the growing influence of the ‘China factor’ in India’s calculations – a potential game-changer in EU-India relations.
Italy and the BRI: A Love Story That Never Started
To renew, or not to renew, that is the question.
Anticipating China’s New Paradigm for Central Asia
In what is the first instance of China hosting an offline summit with all five Central Asian states, the event is expected to bring significant results dwarfing other major players’ ambitions in the region.
Amid Heated European China Debate, Hungary Stays on a Beijing-friendly Course
While the EU-China relations are at a crossroads, Hungary’s relationship with the Middle Kingdom seems to be blooming. In the last few years, Budapest has signed a number of massive investment deals with Beijing, earning it the label of China’s European foothold. Although the economic results have sometimes come under question, the political consequences are undeniable.
China and Central Asia: Outside the Spotlight, but Always on the Table
Central Asian governments have grown used to accommodating the different priorities of outside partners and leveraging them for their own benefit, making sure not to become anyone’s playground. As Russia’s standing comes under question and China holds its ground, Western countries need to come up with an approach that is attuned to the region’s preferences.
Italy’s Taiwan Policy at a Crossroads
The government of Georgia Meloni in Italy has to decide whether to upgrade its relationship with Taiwan as it reconsiders ties with China.