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China’s “New Era” Changes the Game for Global Actors

Enodo Economics Announcement Enodo Economics Chief Economist, Diana Choyleva, wrote the second paper of a two-part series for the Asia Society Policy Institute’s Center for China Analysis, exploring Xi Jinping’s vision for a “new era” of Chinese foreign policy. You can read the paper HERE. In it, Diana discusses China’s assertive stance under Xi Jinping’s leadership, highlighting shifts in foreign policy, diplomatic strategies, and economic ambitions. She delves into China’s growing influence on the global stage, its diplomatic outreach to the Global South, and its challenges with Western governments, particularly the United States. The paper also explores the impact of China’s assertiveness on global business leaders, the tech war between China and the United States, and the complexities of navigating a world increasingly divided between the two superpowers. The first part of the series, titled ”The End of Experimentation and Aspiration in Xi Jinping’s China”, can be found HERE.

Enodo Economics’ Senior Advisory Council

Inauguration Special Event Enodo Economics is proud to announce the establishment of its Senior Advisory Council (SAC). The SAC was officially inaugurated at an exclusive dinner event on 21st of March,2024, at London’s Mosimann’s club. The theme for our first discussion was “Innovation Showdown: Authoritarianism vs. Liberal Democracy: Exploring the Crucibles of Creativity in the Chinese and American Systems”. You can listen to a recording of the first part of the discussion HERE. Members of the Senior Advisory Council The founding members of Enodo’s SAC are renowned for their innovative thinking, unparalleled expertise, and distinguished careers. They will help Enodo Economics continue to provide its clients with invaluable strategic insights and expert guidance to navigate the complex landscape of economic, geopolitical, and technological developments in China and beyond. Sir Alex Younger Sir Alex Younger was for 30 years a career intelligence officer in Britain’s Secret Intelligence Service, MI6. He served in Europe,…

Policy & Practice: China’s Economic Diplomacy

UCL Department of Political Science Special Event Enodo Economics Chief Economist, Diana Choyleva, took part in UCL’s Department of Political Science seminar ”Policy & Practice: China’s economic diplomacy”, on 22nd of February 2024. Description 2023 marked the ten-year anniversary of China’s ambitious Belt and Road Initiative (BRI), a global infrastructure development strategy that has strengthened China’s trade and investment linkages across large swathes of the globe. It is a centrepiece of Xi Jinping’s foreign policy strategy of “Major Country Diplomacy with Chinese Characteristics”, which calls for China to assume a greater leadership role in global affairs in accordance with its rising power and status. In the seminar, Diana Choyleva, Dr Yu Jie and Dr Giulia Sciorati, analysed China’s economic diplomacy over this period, exploring its implications for key regions—including Asia, Europe, and Africa—and for the international order. The event was chaired by Dr Richard McMahon – a Lecturer in EU…

China 2024: What to Watch

Enodo Economics Announcement Enodo Economics Chief Economist, Diana Choyleva, contributed to the Asia Society Policy Institute’s Center for China Analysis annual report ”China 2024: What to Watch”. You can read the full report HERE. https://www.youtube.com/watch?v=WVAPWOHDcm0 Description The year 2023 was in many ways a very difficult one for China. Economic headwinds. High-level purges. Social discontent. Extreme weather events. Worsening geopolitical environment. Looking ahead to 2024, are matters likely to improve? In short: not by much.In this inaugural annual report, China 2024: What to Watch, the team at the Asia Society Policy Institute’s Center for China Analysis, assesses the state of China’s economy, society, politics, environment, and foreign policy and largely foresees a vexing year ahead, forecasting ten key developments to watch closely: • China’s Economy Will Continue to Struggle, by Nathan Levine • Xi’s Prioritization of Security Will Continue to Weigh on Growth, by Diana Choyleva • Eroding Trust Could…

China 2024: Prospects for China’s Economy

Asia Society Policy Institute’s Center for China Analysis Panel Discussion Following the launch of Asia Society Policy Institute’s Center for China Analysis (CCA) annual report ”China 2024: What to Watch”, Enodo Economics Chief Economist, Diana Choyleva, took part in a panel discussion examining China’s economic prospects for 2024. Watch the panel discussion HERE. Speakers include CCA Senior Fellows Bert Hofman, Diana Choyleva, and Guonan Ma. CCA’s Executive Director Bates Gill moderates the conversation.

China – The Coming Petro-Currency State: Project announcement

How Beijing Plans to Redraw the Global Energy Trade Special Project Enodo Economics and The Center for China Analysis at the Asia Society have joined forces on a year-long project to delve into how China intends to elevate the global role of the yuan and challenge the dominance of the dollar by persuading oil producers, notably the Saudi-led Gulf Cooperation Council (GCC), to engage in yuan-based transactions. Principal Investigator Diana Choyleva, Chief Economist at Enodo Economics and senior fellow at the Asia Society Policy Institute’s Center for China Analysis, will lead the project. Project Objectives We aim to produce a comprehensive report by December 2024, informing policymakers, researchers, and financial communities about China’s strategy, its impact on oil market dynamics, and the potential consequences for the U.S. Research Focus Commencing with an exploration of how Beijing plans to ensure oil purchases in yuan through Chinese payment systems, our research will…

The End of Experimentation and Aspiration in Xi Jinping’s China

Enodo Economics Announcement Enodo Economics Chief Economist, Diana Choyleva, wrote a paper for the Asia Society Policy Institute’s Center for China Analysis, exploring how the leadership of Chinese President Xi Jinping has changed the fundamental incentives driving the behaviour of key groups in China and beyond. You can read the paper HERE. In it, Diana discusses the shift from an open, pragmatic, and experimental approach to development to a more centralised, ideology-driven model. The paper also explores the impact of Xi’s anti-corruption campaign, top-down directives, and the diminishing role of local experimentation in shaping China’s policies. It highlights the changing dynamics within the private sector and its relationship with the Party, as well as the challenges faced by China’s youth. Understanding these shifts is crucial for comprehending the future trajectory of China’s economy and its implications for global dynamics.

C.E.O Market Movers

Special Event Enodo Economics Chief Economist, Diana Choyleva, our Director of Geopolitics, Nigel Inkster, and Enodo’s special advisor Sir Alex Younger, took part in various educational sessions at the C.E.O. Market Movers event which was held on 1-5 October 2023, in London. Description “Will the US and China Go to War Over Taiwan?”, presented by Diana Choyleva The world would have been a far safer place right now were it not for a small island in the Pacific ocean. An island that’s over 270 times smaller than each of America and China has become the lynchpin of their far-reaching great power competition and threatens to unravel the global economic and political order as we know it. A conflict over Taiwan, accidental or intentional, is the most consequential risk facing the world and one which remains poorly understood. With the Sino-US confrontation heating up from a trade war to a tech…

Xi Jinping: The Hidden Agendas of China’s Ruler for Life

Hidden Agendas examines the policy, ideology and politics of this “ruler for life” Book Get a copy of the book HERE. Lam sets out the ambitious and multi-faceted agendas that Xi has laid out taking China up to the early 2040s. Through comparisons with former Party leaders, the book assesses whether, having abandoned many of the key precepts of the Era of Reform and the Open Door, the supreme leader’s restitution of Maoist standards might enable China to sustain economic growth and project hard and soft power worldwide. The book also examines whether the Party will succeed in retaining the support of 1.4 bn Chinese in the face of unprecedented challenges in the economic and geopolitical arenas. It provides a comprehensive picture of Xi’s rise to power; his AI-assisted and “legalistic” surveillance and control mechanisms; China’s evolving economic system; Xi’s foreign and national-security policies and the implications of the 20th Party…

Asia Society Appointment

Enodo Economics Announcement We are delighted to announce that our Chief Economist, Diana Choyleva, is joining the Asia Society Policy Institute’s Center for China Analysis, as a non-resident Senior Fellow on the Chinese economy. The appointment was made public on June 6 at the same time as that of the brilliant Dr Lynette Ong, a professor of political science, who will serve as a non-resident Senior Fellow on Chinese society. It’s a great honour, opportunity and responsibility to work with the Asia Society, which has been advising governments, businesses and communities since 1956. Under Co-Founders Hon. Dr. Kevin Rudd and Jing Qian and executive director Bates Gill, the Center for China Analysis has become a leading global center for policy-relevant, objective analysis of China’s politics, economy and society, and its impact on the region and the world, in an era of growing strategic competition. And there’s no competition to rival the…

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