Once again, North Korea’s nuclear weapons program agitates East Asia and the world. “The land of lousy options,” is how Victor Cha, Korea expert at the Center for Strategic and International Studies and the White House’s top advisor on North Korea under President George W. Bush, once dubbed the global security threat presented by the Kim regime.
When Donald Trump urges European countries to take on a higher share of NATO defense spending, this is more than a dispute among allies. The impact of a restructuring of NATO finances would be felt far beyond the transatlantic security structure. A U.S. retreat from its role as the main provider of global security would trigger the demise of the dollar as the world’s leading currency. This disruption in the global monetary system would impact every country that depends heavily on the U.S. dollar. First and foremost, that would be China.
As Beijing is more and more openly asserting its influence over political developments in Hong Kong, reactions in Europe range from despondent media coverage to outright disinterest. The British government, which used to stand out in Europe for openly criticizing Beijing’s infringements on the city’s autonomy, appears far too busy with its homemade political challenges than to care about the political future of Hong Kong.
As U.S. President Donald Trump threatens both China and the EU with a trade war and as the EU struggles with its centrifugal tendencies in the aftermath of Brexit, transatlantic policy coordination has become a difficult proposition, especially when it comes to dealing with a rapidly changing China.
When Emmanuel Macron speaks about China, he can sound like Donald Trump. “We are in the midst of a battle against Chinese dumping. The Chinese are selling their products at a loss and we cannot accept this,” Macron said in late 2015 when he headed the French Ministry of the Economy.
Chinese citizens no longer need to travel far to bring a lawsuit to the Supreme People’s Court (SPC). By the end of 2016, the SPC had established six circuit tribunals all over the country. On 21 January 2017, the newly established “third circuit tribunal” of the SPC in Nanjing started to hear its first case – a dispute about the transfer of land use rights. These new tribunals were set up as permanent courts in designated cities across China.