Elon Musk withdrew his support for Bitcoin, leading to a crash in the price of the asset.
How does this relate to the US-China trade war? And is Musk really in trouble, or is he “hedging his bets”?
With rising diplomatic and political tensions in the Indo-Pacific, can the QUAD realistically function against the backdrop of Chinese regional hegemonic aggression?
Since the outbreak of the Covid-19 pandemic, China has developed a ‘mask diplomacy’ aimed at the Western Balkans; later evolved into the so-called vaccine diplomacy.
Can the European Union counter China’s ambitions in its eastern neighbourhood?
Expanding details about China’s re-education camps for minorities reveal that mass human rights abuses are taking place in Xinjiang. Although world powers are aware, they are not taking action.
The European Union and the Western Balkans share the same history and future. Therefore, the Chinese interest in the Balkans has long been perceived as an intrusion. Yet, on December 30, 2020, the European Union and China reached an historic Agreement on investment and trade. What does this rapprochement between the two rival suitors mean for the Western Balkans? For sure, the EU-China Agreement is controversial. But it may show a promising opening, by China, to a rules-based economic system. In Eastern Europe, this means that China could be brought to respect the EU 2030 agenda, especially for what concerns the green transition and digitalization.
While the world is still dealing with the impacts of the pandemic, the Russian and Chinese militaries seem to be growing closer than ever. On December 22nd, 2020, Russian and Chinese bombers flew a joint patrol mission over an area of the Western Pacific that is dangerously close to disputed territories between China, South Korea, and Japan. This mission succeeds a first one in 2019 which had already shaken up peace in East Asia.
In July 2020, the Vatican City has been one of the organizations under a cyber-attack aimed at the Chinese government, an event that shed light on the ties between the Holy See and the Asian superpower.
The People’s Republic of China has become one of the most prominent geopolitical leaders worldwide, with a booming economy, growing domestic consumption, and a skyrocketing rise of global financial influence through world-renowned investment projects such as the infamous Belt and Road initiative. Such a rise has deeply affected its energy consumption, requiring a prevalently coal-driven energetic production to keep up with its ramping economic growth.
On November 16, Russian President Vladimir Putin signed an agreement to set up a naval base on the Red Sea coast in Sudan. Given the strategic geographical position of Sudan, Russia has more to gain than to lose.
Boris Johnson recently announced an extra £16.5 billion in defence spending. Could this indicate a foreign policy strategy is beginning to be developed?
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