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Richard Fontaine

👤 Speaker
135 total appearances

Appearances Over Time

Podcast Appearances

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

a robust economic relationship with China.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

But nevertheless, it has its limits.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

So, for example, India banned Chinese apps like TikTok and other things way before other countries really even thought about it.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

That was a product, among other things, of the skirmishes that took place in the Himalayas between the two countries.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

India tends to be pretty deeply skeptical of Chinese intentions in their own region.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

And of course, the border dispute is a matter of serious difference.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

But nevertheless, they balance that with a trade relationship and physical proximity because they have to live alongside China.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

All of those things.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

China will often provide investment and financing for projects in countries.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

Sometimes we'll bid on projects where there's no non-Chinese bidder available to do so, provide expertise.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

And in terms of what we would put in the realm of foreign assistance, often it's

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

no strings attached kinds of foreign assistance.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

I mean, the United States typically, for example, has tied its assistance to things like improvements in human rights or the rule of law or things like that.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

China, that's not the way that they do things.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

China provides diplomatic benefits to countries and to their leadership in terms of visits and summits and both in Beijing and in other countries as well.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

And China provides here and there these kinds of economic benefits from trade, from investment, from infrastructure building, from technology transfer, from the transfer of expertize to Chinese workers.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

Again, all of which is a quite attractive package to any especially developing country that is looking to improve a lot of its people.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

Well, if you travel around and talk to a lot of countries that describe their economic dependence on China, and this is not just developing countries, but countries in Europe that export automobiles to China or countries in Asia that rely on Chinese financing for a lot of projects at home, whatever it may be.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

None of the kind of geopolitical concerns about Chinese intentions is lost on the leadership of these countries.

3 Takeaways™
The Global Power Shift No One Is Talking About – And Who’s Driving It (#301)

But on the other hand, this kind of economic relationship in particular is a source of good things for their country.