Derek Chuah

How Didi Crashed Into China’s New Data Security Laws

In an unprecedented push, Chinese regulators have waged an all-out war on private industry in 2021. Regulators started their crusade against anti-competitive business practices early in the year and have since broadened their scope to reign in data security. Through two new data security-related laws, along with targeted crackdowns on industry giants like Didi Chuxing, Beijing has laid the foundation for a new operating environment for private industry.

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Time’s A-tickin’ for the TikTok Deal

As he undertakes a thorough review of Trump’s China policies, President Biden is expected to formulate a China strategy that puts American interests first and strengthens US competitiveness in the global market. While he maintains that his administration will take a different path than his predecessor, there is no doubt that heated competition is on the horizon – and TikTok may find itself at the forefront of the battle.

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Katherine Tai: A Look at Biden’s Tough New Trade Representative

Boasting bipartisan support and a track record of effective work in US-China relations, US Trade Representative Katherine Tai shows unique promise for repairing trade relations that have bottomed at all time lows. Given her support in Washington and emphasis on cooperation over competition, Tai’s confirmation may mark a turning point in US foreign policy on China.

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The RCEP: A Big Deal Unlikely to Resolve Sino-Australian Disputes

At first viewed as an olive branch amidst a spiraling Sino-Australian trade war, the now finalized Regional Comprehensive Economic Partnership is unlikely to ease mounting tensions. The untested dispute settlement mechanisms within the deal and shallow provisions for reducing tariffs bode poorly for Sino-Australian relations and point to no end in sight for 2020’s series of new economic tariffs and sanctions.

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The Complex Reality Behind the US-China Decoupling

While the pandemic reveals the dangers of overreliance on a single nation’s production facilities, Washington is calling on American MNCs to shift supply chains away from China. However, the economic relationship between the world’s top two economic powers is complex and a rushed decoupling could sink the global economy to unprecedented depths. Instead, both nations should carefully consider how to effectively diversify the risk of economic overdependence while continuing to maintain healthy trade relations.

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Conservative Fiscal Policy Driving Countries to China

China introduced the ‘One Belt, One Road’ (OBOR) initiative to foster a Chinese-driven international trade initiative focused on regional economic collaboration. While the West may be concerned about the geopolitical undertone of OBOR, certain Western policies are instead spurring global participation in the initiative. Italy and Iran are two such examples, with restrictive economic policies from the West driving them to seek alternative sources of funding.

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