China and North Korea: A Relationship in Transition?
Military tensions on the Korean Peninsula have been escalating for several months now. The latest events with the missile launches and newly released reports on the abduction of Chinese fishermen by North Korea have further exacerbated the situation and also cast doubt on the once close relationship between China and North Korea. Beijing has come under increasing pressure from the international community to take a tougher stance on Pyongyang. By observing China’s behavior, it would seem likely that such a development is possible. However, it would be unrealistic to expect that China will abandon North Korea, as this is not in its strategic interests.
Risk Reduction and Crisis Management on the Korean Peninsula
The situation on the Korean Peninsula is inherently intertwined with the growing instability of the East Asian security environment, where high tensions significantly increase the risk of unintended incidents and armed […]
The Dangers of a Stagnant China: The Necessity of Awkward Coexistence
Abstract: In the build-up to the 20th Party Congress, a series of essays emerged focusing on Xi Jinping cementing a third term as General Secretary of the Communist Party of […]
The Dawn of the Digital Yuan: China’s Central Bank Digital Currency and Its Implications
Summary The COVID-19 pandemic has driven digital innovation and proved to be an enabling episode for the technology industry; the growing focus on central bank digital currencies (CBDCs) comes within such a context. China has rushed to […]