geopolitics

Wong MNC Center orchestrated special section on China's Maritime Silk Road Initiative and South Asia is published

The April 2017 issue of Geopolitics (Vol. 22, No. 2, 2017), a leading journal in the field, will feature a special section on The Geopolitics of China's Maritime Silk Road Initiative (MSRI) that focused on the MSRI and South Asia. The special section provides background on the MSRI, surveys China's economic and political goals at the national and sub-national level, and identifies a number of number of the political and economic factors at the national and sub-national level within and beyond China that will affect the implementation of China's ambitious scheme.

Dr. Scott MacDonald's picture

Shipping, Trade, and China

Shipping remains a critical factor in global trade and also has been a key factor in the rise of the Chinese economy since the last decades of the 20th century. However, the 2008 Great Recession caught global shipping in a period of fleet expansion and greater capacity to carry freight per ship. Post-2008 the shipping industry has faced tough times. Trade has not recovered from levels prior to that year. Rates have been drastically cut, company revenues have plummeted, some companies went into bankruptcy (as with South Korea’s Hanjin Shipping in 2016), and other companies have merged.