Regions / China

Interpreting China's military expenditure has been a complicated issue with important regional implications. Although China publishes its official defense budget and provides justifications for increases in its military spending, most observers remain skeptical of the accuracy of the official figures and wary of the military modernization efforts. This skepticism has shaped the responses of other Asia-Pacific nations toward China's military modernization.
It might be the world's largest free trade area, writes columnist Walden Bello, but Southeast Asia is still getting a raw trade deal from China.
Like Hamlet, Shakespeare's conflicted Prince of Denmark, China was caught between conflicting currents in Copenhagen. Its failure to manage these challenges, argues columnist Walden Bello, led to its biggest diplomatic debacle in years.

Twenty Years Later

Twenty years later, we are still waiting for our invitation to the Cold War's funeral.
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