DeepSeek’s Collision Course with Xi

Journal of Political Risk, Vol. 13, No. 3, March 2025

By Vaibhav Panwar

President Xi Jinping of the People’s Republic of China in Beijing, 5 September 2024

President Xi Jinping of the People’s Republic of China in Beijing, 5 September 2024. Source: President Paul Kagame via Flickr.

Fresh from the highs of DeepSeek’s ‘Sputnik moment’ in the AI race, Xi Jinping hosted a rare meeting with the titans of industry — notably the tech sector — in Beijing on February 16th. The event was attended by heads of BYD, Huawei, Deepseek, and other stalwarts. However, amidst these giants stood a tiny man with a big pedigree: Jack Ma. The tech baron from Hangzhou, who once pulled the strings of one of China’s largest tech conglomerates, The Alibaba group, is renowned for his influence. The company had its fingers in profitable pies like online wholesaling, e-commerce, and online transactions. Its fintech arm, Alipay, had racked up north of a billion users by the end of 2020. Ma was having a dream run: in October 2014, he found himself on the front page of newspapers around the world when the recently concluded Alibaba IPO breached the $25 billion mark – the biggest ever— leaving the world in awe of his role as the symbol of Chinese entrepreneurial spirit and China’s sprawling economy. Ma’s empire was firing on all cylinders; on single’s day 2019 — China’s answer to Black Friday — Alibaba and its subsidiaries did $38 billion in sales in 24 hours. Now, fast-forward to fall 2020: another Alibaba entity, ANT Group, was about to go public, all set to raise north of $35 billion based on the pre-subscriptions. The largest stock-offering in history was set to take place in Shanghai, creating a landmark moment for the Chinese economy, and cementing Ma’s status as one of the world’s most successful entrepreneurs. Beijing, however, was not so comfortable with the market consolidation of the tech giant from Hangzhou — or for that matter — the public criticism lobbed by Ma against Chinese banks at Shanghai’s Bund Conference. To nobody’s surprise — besides, perhaps his own — Jack Ma was called in for regulatory meetings by the Chinese central bank (PBOC) shortly after his remarks. Soon, the Chinese regulators would go on to pull the plug on the IPO right before the launch day, which was widely believed to be a disciplinary move against Ma over his comments. Ma was subsequently gone from the public eye, until he popped up in Japan a couple of years later.

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The Concentration of Power: Book Review

Journal of Political Risk, Vol. 13, No. 2, February 2025

Concentration of Power Cover - Anders Corr.jpg

Concentration of Power Cover.jpg

By John Gardner

The Concentration of Power: Institutionalization, Hierarchy & Hegemony
By Anders Corr
291 pp. Optimum Publishing International. $19.95

I believe the present and future are best interpreted through the lens of the past. Dr. Anders Corr’s book, The Concentration of Power: Institutionalization, Hierarchy & Hegemony, is that lens for those devoted to a broader understanding of historical hierarchies and their effects on the rise and fall of civilizations. This dissection of the “enduring conflict between those at the bottom who seek freedom, those in the middle who seek to protect the benefits of their own position at the top of sub-hierarchies, and those at the top of meta-hierarchies seeking to institutionalize and aggregate (power),” is worthy brain food for big-thinkers.

Dr. Corr’s work on “the steady institutionalization of power over time” delves deep into how the power structures of civilization, good or bad, form; and acts as a road map and warning for mankind. It is a profound thought on human nature to ask why humans typically seek to expand their institutions and power, even when that power is no longer necessary. Why did the French Revolution, which started with admirable ideals, turn barbaric while the American Revolution did not? Relinquishing the grip on power is the answer from Dr. Corr, but that is antithetical to human nature. Growing up, my dad told me numerous times of how Americans wanted George Washington to be “President for life,” but he declined to, and in that “set an example for future Presidents”. My dad admired his integrity.  Continue reading

What if The Houthis were in Malacca?

STRAIT OF MALACCA (Oct. 23, 2014) The Oliver Hazard Perry-class guided-missile frigate USS Rodney M. Davis (FFG 60) conducts a passing exercise with the Indonesian Navy Sigma-class corvette KRI Sultan Hasanuddin (366). Rodney M. Davis, stationed in Everett, Wash., is on patrol in the 7th Fleet area of responsibility supporting security and stability in the Indo-Asia-Pacific region. (U.S. Navy photo by Mass Communication Specialist 3rd Class Derek A. Harkins/Released)

Strait of Malacca (Oct. 23, 2014). The Oliver Hazard Perry-class guided-missile frigate USS Rodney M. Davis (FFG 60) conducts a passing exercise with the Indonesian Navy Sigma-class corvette KRI Sultan Hasanuddin (366). Rodney M. Davis, stationed in Everett, Wash., is on patrol in the 7th Fleet area of responsibility supporting security and stability in the Indo-Asia-Pacific region. (U.S. Navy photo by Mass Communication Specialist 3rd Class Derek A. Harkins/Released)

Journal of Political Risk, Vol. 13, No. 1, January 2025

By Vaibhav Panwar


“For in tremendous extremities human souls are like drowning men; well enough they know they are in peril; well enough they know the causes of that peril; nevertheless, the sea is the sea, and these drowning men do drown.”    — Herman Melville, Moby Dick

Between October 7th and most of 2024, the Houthi militia of Yemen earned its entry into the pantheon of global armed resistances— and the wider world’s list of threats to everyday life— with their attacks on commercial shipping in the Red Sea. While nowhere close to some of the infamous acts of terrorism committed globally in measures of human fatalities, the Houthis, however, have managed to hit the world where it hurts: commercial shipping chokepoints. Despite multiple countries’ naval efforts, the Red Sea and Suez Canal have observed a sizable drop in maritime traffic as ships opt to take the safer, but much longer routes to European ports. This often adds tens of thousands of nautical miles to their journeys, and with it inefficiencies to their cost, lead time, and the environment.

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China’s Sharp Power

Journal of Political Risk, Vol. 10, No. 8, August 2022

A series of paintings of communist leaders, including Vladimir Lenin, Karl Marx and Mao Zedong, lined up along a Hong Kong road.

A series of paintings of communist leaders lined up along a Hong Kong road, 2016. Source: Flickr.

Roman Štěpař
Charles University

If we understand geopolitics as a “representation of space”, then the Indo-Pacific region can be seen as an emerging geopolitical hotbed in which major powers struggle not only for control but also for discourse of values and worldviews. In this particular geopolitical competition of values and mindsets, a sharp power is gradually gaining prominence, and in the Indo-Pacific region, China is at the center of the action.

After the collapse of the Soviet Union, the lessons of Gorbachev’s “failure” were passed on to Chinese citizens. They denounced Moscow’s ideological neglect for this catastrophe and warned that it was possible that it would happen in China as well. Chinese foreign policy has as a result been transformed. After 40 years of remarkable rise, China has now clearly demonstrated its desire to lead the world by reasserting itself in a position that its leaders consider “historically correct.”

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The Banyamulenge Genocide in the Democratic Republic of Congo

On the Interplay of Minority Groups’ Discrimination and Humanitarian Assistance Failure

Journal of Political Risk, Vol. 9, No. 11, November 2021

Village in Bibogobogo on fire. Some houses are dotted on a hill surrounded by trees. They are mostly obscured by thick, grey smoke.

Village in Bibogobogo set alight. Photograph by Neri Patrick, taken on October 19, 2021.

Delphin Ntanyoma
Erasmus University

For two weeks now, a humanitarian convoy (five trucks) transporting humanitarian assistance to support the Banyamulenge in Bibogobogo (sometimes spelled Bibokoboko) has been intercepted by administrative and security officials in the city of Baraka [1].Two international humanitarian organizations, including the World Food Program (WFP), that have been working in this region to support displaced and local populations, resolved to support internally displaced Banyamulenge in Bibogobogo. The WFP’s support used an intermediate humanitarian organization, familiar of the context, to provide the assistance. On its way from Uvira to Baraka, rumors circulated that this is not humanitarian assistance but rather that the trucks contained ammunition and guns. Several sources including ones linked to civil society organizations in the region have confirmed that youth in Baraka (who support administrative and security officials) erected barricades to block the trucks. Truck drivers were obliged to unload everything to check what was inside each box. In the end, the search found that there was nothing linked to guns and ammunition. However, the assistance is now stored in Baraka, and it is uncertain if these organizations will be courageous enough to reload and bring the assistance to Bibogobogo. Continue reading