Italy’s BRI engagement economic promises fell short. Italy’s reassessing aligns with US priorities. Taiwan’s ties could help distancing from China but strain relations. Balancing interests, alliances, and economics, Italy navigates a complex situation. Exiting the BRI may offer security assurances while maintaining diplomatic and economic hedging with the US and China.
Relations between Southeast Asian countries and mainland China have historically ebbed and flowed. Tensions have often focused on control of islands and reefs in the Indo-Pacific. Beijing, under the leadership of Xi Jinping, has intensified this confrontation increasing the regional security volatility amidst Sino-US rivalry in the South China Sea.
Southeast Asia locates at the core of the wider Indo-Pacific region and embraces one of the globe’s most crucial bodies of water for maritime trade, the South China Sea. Being also home to vibrantly growing economies, the region holds great strategic importance for most global players. This includes the European Union (EU), whose interests in such a faraway area are of vital importance and include both economic relationships and regional security.
The Taiwan Policy Act of 2022 is the most comprehensive bill introduced by the US Congress ever since the enactment of the Taiwan Relation Act of 1979, but how might this affect the Sino-US relations?
Relations between Beijing and Taipei have often experienced periods of friction ever since the victory of Mao Zedong’s Chinese communists in 1949. Now cross-strait ties have undergone crucial transformations under Tsai Ing-wen’s leadership, resulting in unprecedented diplomatic and military tensions along the Taiwan Strait.