Analysis

The Asia Infrastructure Investment Bank's (AIIB) response to Covid-19 may determine its emerging role in development finance, for good or ill. While it has responded quickly and substantially to the pressing needs of its members, these actions risk contributing to debt risks, institutional overreach, and perceived favoritism towards Beijing.

Ayse Kaya, Christopher Kilby, and Jonathan Kay

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Japan’s Leadership Role in a Multipolar Indo-Pacific

| By Hiroyuki Suzuki

This paper discusses the geopolitical dynamics of the Indo-Pacific, including the impacts of Covid-19, and emerging foreign policy initiatives, and offers recommendations for how Japan can solidify a comprehensive leadership role in this critical, multipolar region.

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China's Private Security in Central Asia

| By Niva Yau and Dirk van der Kley

The seizure of Chinese-run mines in Kyrgyzstan amid ongoing protests has highlighted the risks to business in region, fuelling China's desire to promote its private security companies (PSCs). But if Chinese PSCs continue to expand operations, Sinophobic sentiments—already widespread across the region—may spark a cycle of escalating securitization that will undermine China's long-term interests.

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Don’t Let China Greenwash Its Belt and Road

| By Jonathan E. Hillman

Xi Jinping's promise of carbon neutrality by 2060 will amount to little if his signature foreign policy vision, the Belt and Road Initiative (BRI), continues exporting China’s environmental challenges globally. China’s poor environmental record abroad presents a strategic opportunity for the United States, if only Washington would seize it.

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Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the world's evolving digital infrastructure competition, and the stakes for U.S. policy.

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In The News

Asia-Pacific Signs Trade Deal

15 Asia-Pacific countries, including China, Japan, and all 10 ASEAN states, have signed the Regional Comprehensive Economic Partnership (RCEP) pact, which creates common rules and standards for cross-border investment, e-commerce ...

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Victoria's Wrong Turn on China's Belt and Road

| By Jonathan E. Hillman

The Australian state of Victoria, which signed a Belt and Road MoU in 2018, has little to show from Chinese President Xi Jinping’s signature foreign policy vision.

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China’s Footprint in Southeast Europe

| By Jens Bastian

This series explores the dynamics of China's engagement across Southeast Europe through the BRI, including the 17+1 cooperation platform, the role of political elites and state media, Chinese ...

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