Last week, the White House announced a 100% Section 232 tariff on large drones and critical components, citing their dual-use applications. The duties are set to take effect on September 3.
Early in his presidency, Trump signed a presidential memorandum announcing America’s withdrawal from the Trans Pacific Partnership (TPP). But TPP survived the setback, and people are still referring to it as an embodiment of what is to come in global trade and investment development.
Facing ongoing pollution challenges and a push to diversify energy sources, China’s energy planners kicked off 2017 by announcing an array of 13th Five-Year Plans (13FYPs). Offering quantifiable short-term goals for limiting reliance on coal in favor of oil and gas, these plans collectively focus on emissions cuts, renewable energy development, and improved energy industry efficiency, while encouraging technology solutions such as data centers.
Is China a developmental state? China’s economic success—it is the world’s second-largest economy—did not simply happen. The state played a critical role in this rapid expansion, but many question the level to which this intervention was institutionalized. While China has long lacked policy and state-led institutions tasked with coordinating public-private partnerships (PPP), it has recently begun to establish a framework to support its developmental policies and goals. Ultimately, the formal foundation that is emerging will support expansion of PPP within China while also confirming the country’s status as a developmental state.
