Tag: International Relations

A Hungarian Town Seethes Over a Giant Chinese Battery Plant

Chin@Strategy

The small-town mayor, long a loyal foot soldier for Hungary’s governing party, recently committed what he described as “political suicide,” throwing himself in the path of an enormous $7.8 billion Chinese battery factory project promoted by his dissent-intolerant prime minister, Viktor Orban. “It is like lying in front of a steamroller,” Zoltan Timar, the mayor of Mikepercs, said of his decision to side with residents opposed to the project, which his Fidesz party championed. “I just hope it won’t roll over me too soon.” The factory, which would be the…

As Economy Falters, China’s New Premier Tries to Boost Business Confidence

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BEIJING — China’s new premier, the country’s No. 2 leader after Xi Jinping, sought on Monday to reinvigorate confidence in the faltering economy, promising that private-sector companies would be treated equally with state-owned ones and that the property rights and other interests of entrepreneurs would be strictly respected. Premier Li Qiang, who took office on Saturday, strongly endorsed the role of entrepreneurs after a decade in which the state and the ruling Communist Party have played a steadily growing role in China’s economy, with some pro-party commentators castigating big businesses.…

A Chinese Commonwealth? An Unpopular Idea Resurfaces in Taiwan.

Chin@Strategy

The K.M.T. has a long history of arguing for economic integration with China. The party’s roots date back to the nationalist army that lost a civil war against Chinese Communists in 1949 and escaped to Taiwan to regroup. K.M.T. officials, who initially ruled as a military dictatorship, were so committed to the dream of returning to the mainland for a rematch that, a Ming Chuan University professor told me, they routinely barred active-duty soldiers from getting married, out of fear soldiers would be diverted from their cause. The closest that…

How the Saudi-Iran Pact Could Transform the Middle East

Chin@Strategy

RIYADH, Saudi Arabia — Only five years ago, Crown Prince Mohammed bin Salman, the de facto ruler of Saudi Arabia, derided Iran’s supreme leader, saying he “makes Hitler look good.” Last week in a development that had the world doing metaphorical double takes, the Saudis not only re-established diplomatic relations with Tehran but also spoke gauzily of the countries “sharing one fate.” The diplomatic rapprochement between Saudi Arabia and Iran after years of facing off in proxy conflicts across the Middle East was a coup for China, which facilitated the…

China’s Role in Iran-Saudi Deal Shows Xi’s Challenge to U.S.-led Order

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When Beijing stepped into the role of mediator this week in the surprise rapprochement between Saudi Arabia and Iran, it signaled a new level of ambition for Xi Jinping, China’s top leader, who has sought to burnish his image as a global statesman in an escalating rivalry with the United States. China’s top diplomat quickly attributed the success of four days of secret talks in reviving diplomatic ties between the two archrivals to Mr. Xi’s leadership, which he said demonstrated “the bearing of a great power.” By taking credit for…

Iran-Saudi Pact Is Brokered by China, Leaving U.S. on Sidelines

Chin@Strategy

Saudi Arabia had sought a suspension of hostilities with Iran for years, first through talks held in Baghdad that eventually went nowhere. Biden administration officials said the Saudis briefed them about the discussions in Beijing, but the Americans expressed skepticism that Iran will live up to its new commitments. Crown Prince Mohammed bin Salman, the de facto leader of Saudi Arabia who had strong ties with former President Donald J. Trump and has helped secure $2 billion in financing for the investment firm set up by Jared Kushner, the former…

What to Know About the Iranian-Saudi Deal

Chin@Strategy

The announcement by Iran and Saudi Arabia that they are re-establishing diplomatic ties could lead to a major realignment in the Middle East. It also represents a geopolitical challenge for the United States and a victory for China, which brokered the talks between the two longstanding rivals. Under the agreement announced on Friday, Iran and Saudi Arabia will patch up a seven-year split by reviving a security cooperation pact, reopening embassies in each other’s countries within two months, and resuming trade, investment and cultural accords. But the rivalry between the…

Xi Jinping Picks Team to Work Under Him for the Next Five Years

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China’s top leader, Xi Jinping, was confirmed to a norm-breaking third term as state president on Friday, further formalizing his position as China’s most dominant leader in decades. The announcement was no surprise: Mr. Xi oversaw the abolition of presidential term limits in 2018, and in October he secured a third term as head of the Chinese Communist Party, the position from which his real authority derives. Now, as the annual meeting of China’s rubber-stamp legislature concludes in the coming days, many of his loyalists are being elevated to the…

Xi Jinping Starts New Term in China, With a Focus on Economy and U.S. Rivalry

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“In the coming period, the risks and challenges that we’re facing will only become more and more numerous and grim,” Mr. Xi said, while urging officials to remain “calm and focused” while also braced for “struggle.” To tackle these challenges, Mr. Xi has emphasized the need for China to wean itself off its reliance on Western-held technologies and expertise, and to fortify itself against risks to food and energy security. He has populated the government’s top ranks with his loyalists and allies to carry out his agenda. Mr. Xi’s No.…

Australia to Buy U.S. Nuclear-Powered Submarines in Deal to Counter China

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SYDNEY — Australia will buy up to five Virginia-class nuclear-powered submarines from the United States to be delivered in the 2030s, according to people briefed on the deal, which accelerates and deepens an ambitious defense agreement aimed at reinforcing American-led military dominance of the Asia-Pacific region to counter China’s military growth. Australia would then buy a new class of submarines with British designs and American technology in another stage of the deal. The arrangement — which would also include rotating American attack submarines through Perth, in Western Australia, by 2027…