Category Archives: Asia

Implications of China’s Pacific Dream for the United States, Australia, and Allies

Posted on by Assistant Editor

Journal of Political Risk, Vol. 10, No. 6, June 2022

Chinese Foreign Minister, Wang Yi, and Solomons Islands Minister of Foreign Affairs and External Trade. The Solomons Islands and and Chinese flags feature in the background while each minister holds up a red document.

Chinese Foreign Minister, Wang Yi, and Solomons Islands Minister of Foreign Affairs and External Trade, Jeremiah Manele, 2019. Source: cnsphoto

Yan C. Bennett
Princeton University

John Garrick
Charles Darwin University

It is apparent that Xi Jinping’s Chinese Dream now includes the Pacific Ocean where his Foreign Minister Wang Yi has undertaken a Pacific Islands tour of broad scope and ambition. While  China’s economy is stagnating, it nevertheless continues to drive for increasing its world power as Minister Wang aims to finalise the China-Solomons Security agreement and has hosted a Pacific Island Foreign Ministers meeting whilst in Fiji. Wang’s proposals have prompted strong responses from the United States and its allies in the Indo-Pacific, in particular Australia and New Zealand.

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Nixon and Kissinger Talk China: Satire

Posted on by Assistant Editor

Journal of Political Risk, Vol. 10, No. 5, May 2022

A black and white image depicting Former President Nixon and Henry Kissinger engrossed in conversations the White House.

Former President Nixon and Henry Kissinger engrossed in conversation, 1972. Source: Wikimedia.

Tony Zielinski
Attorney at Law

Editor’s note: This satire is meant for purposes of humor and should not be interpreted as historically accurate. 

Henry Kissinger: Mr. President, I suggest we open up formal relations with Communist China and they will be our allies against the Soviet Union.

President Nixon: Do you feel we can trust their leader, Mao Tse Tung?

Henry Kissinger: Mao Tse Tung is the greatest mass murderer in history. He is responsible for more deaths than Adolf Hitler or Joseph Stalin.  He is a ruthless unscrupulous tyrant. So my answer is a most resounding yes.

President Nixon: Yes…I think I understand and can work with someone like that.

Henry Kissinger: A big challenge will be how we deal with Democratic and free Taiwan. They have been great friends and allies.  Communist China regards them as a renegade state and China will not rest until they conquer Taiwan and take away their freedoms. China will subjugate them to unspeakable brutality because they dared to have freedom of speech, freedom of press, and the right to vote for their elected representatives. Mao will never forgive them.

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Politics in the De-politicised: TikTok as a Source of China’s Soft Power

Posted on by Assistant Editor

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

A person's hands are depicted holding a smartphone featuring the TikTik logo on its screen.

TikTok logo. Public domain, via Wikimedia Commons.

Zuza Nazaruk

Last year’s “TikTok war” revealed unprecedented hostility of the US government towards the Chinese tech newcomer. The seemingly innocuous software was developed by ByteDance, a Chinese unicorn company. TikTok is a sister app of Douyin, created for the Chinese market. Both apps allow users to share and watch short videos. In July 2020, then-President Donald Trump accused TikTok of a series of breaches, the most serious of which was sharing user data with the Chinese Communist Party (CCP) (Levine, 2020). Yet, some experts, including Adam Segal from the Council of Foreign Relations, considered the near-ban a smokescreen to hinder the growth of the most globally successful Chinese app to date (Campbell, 2020). In 2020, TikTok was the most downloaded app globally, with 89 million new users just in the US (Geyser, 2021). To date, 23% of Americans use or have watched TikTok, with an average American user having spent 14.3 hours monthly on the app in 2020 (Tankovska, 2021).

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Emerging Market Index: An Interview with Life + Liberty’s Perth Tolle

Posted on by Assistant Editor

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

Perth Tolle is depicted smiling in a white shirt and black blazer.

Perth Tolle, the founder of Life + Liberty Indexes and the creator of the Freedom 100 EM Index.

Anders Corr, Ph.D.
Publisher of the Journal of Political Risk

This JPR interview with Perth Tolle, founder of Life + Liberty Indexes and creator of the Freedom 100 EM Index, was conducted via email between 14 September 2021 and the 25 November 2021. 

Corr: Can you please explain what your ETF is for those who have no financial experience?

Tolle: An ETF, or exchange traded fund, is a tradable basket of securities, similar to a mutual fund. But unlike mutual funds, ETFs trade on exchanges, and are known for their transparency, tax efficiency, and lower cost.

Most ETFs track an index. And most indexes are market capitalization weighted – where the biggest companies,  and countries, by their market capitalization, get the biggest allocations in the index.

There are three main categories of country classifications for global stocks – developed markets (DM), emerging markets (EM) and frontier markets (FM). Continue reading →

US Trade Leverage Against China: An Interview with the Coalition for a Prosperous America

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Journal of Political Risk, Vol. 9, No. 10, October 2021

The image depicts two Maersk-Sealand 40' containers stacked on top of one another. Train tracks are visible in the background.

China Shipping – Maersk-Sealand 40′ Containers, Quebec, Canada, 2018. Source: Wikimedia.

Anders Corr, Ph.D.
Publisher of the Journal of Political Risk

This interview with Michael Stumo, the CEO of the Coalition for a Prosperous America, was conducted between October 5-6 via email.

Corr: Why and when did the Coalition for a Prosperous America begin?

Stumo: CPA started in 2008. Domestic manufacturers, farmers, ranchers and workers agreed that the biggest threat to their well being, and that of the economy, was the large, persistent US trade deficit.

Corr: How is Biden’s ally focus going for him on the issue of trade with China? Is Biden’s outreach to allies helping him on this issue?

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