China is the world’s second largest arms producer, but the ability of its arms industry to domestically develop certain advanced weapon systems is still growing. If China can successfully strengthen its defense industry, it can reduce its reliance on foreign technologies and establish itself as a global leader in cutting-edge military capabilities.
“Global cities” serve as critical nodes within the international economy. As China has rapidly developed in recent decades, historically prominent Chinese cities such as Beijing and Shanghai have grown in international influence, and new global cities like Shenzhen have emerged as key players in global commerce.
China’s support for rail infrastructure development across the globe provides a unique opportunity for Beijing to drive regional connectivity and reap the resulting economic and political benefits. Much of this effort is linked to the Belt and Road Initiative, a flagship effort aimed at positioning China at the center of global trade and commerce.
The challenges and opportunities presented by China’s rise are hotly contested. China Power will host its fifth annual conference as a series of five live debates, featuring leading experts from both China and the U.S. to debate core issues underpinning the development of Chinese power.
The Chinese Communist Party set an unprecedented goal to eradicate poverty in China by the end of 2020. While Chinese President Xi Jinping officially declared a “major victory” over poverty in December 2020, hundreds of millions of people in China continue to struggle with low incomes and poor standards of living.
As part of sweeping efforts to modernize the People’s Liberation Army, China has developed the world’s largest and most diverse arsenal of land-based conventional missiles. Learn how China’s missile forces are evolving and how they are affecting the Indo-Pacific security landscape in our exclusive feature.
China is pioneering the creation of a central bank digital currency that is likely to be the first of its kind. If China succeeds in implementing a digital renminbi, it could generate significant economic and political dividends for Beijing, at home and abroad.
China has established itself as the dominant global supplier of rare earths, a group of 17 minerals that are crucial to countless advanced technologies. China’s capacity to disrupt global rare earth supply chains has raised alarm bells in several major countries, but Beijing’s influence within the industry is likely to be eroded in the coming years.