China under President Jinping is going to be taking a “leadership position” on a whole range of global issues - including globalisation, free trade and climate change - due to a rare opening afforded by the creeping isolationist and protectionist bent of the new U.S. administration.
The U.S. government and Rex Tillerson can decry Chinese villanies all they like but to little avail, for “America First” gives them the biggest fillup as a budding superpower that they have ever been offered thus far.
The break-up of the TPP now that the U.S. has unilaterally pulled out of it by presidential decree, gives China the opportunity to bind the countries surrounding the South China Sea more closely to its colossal economy. The U.S. is helpfully retreating out of the picture. Talk is cheap. Despite Tillerson’s stated desire to block Chinese expansionism in this critical region which is so essential to American security, the unravelling of the TPP - which would have bound this entire region of Asia to the U.S. and thus “contained” the reach of China - has the contrary effect of further emboldening China.
And who can blame the Chinese. If an opportunity is virtually handed to them gift-wrapped by America freely absenting itself of worldwide influence and hegemony, why wouldn’t they gladly accept the offer and step in to areas where the former bows out? Nature abhors a vacuum, after all.
Jinping is positioning himself as the defender of the globalised system of trade and openness, as well as the vanguard power behind the drive to contain the damage wrought by man-made global warming. He and his country will reap rich dividends from this - not least in the sphere of international relations where Western and Westernized powers such as Australia, South Korea and the EU are feeling compelled to turn towards China for guarantees they could once rely upon from the United States. No more. The centre of power is shifting.
Uh huh, China is suddenly attractive to South Korea, Japan and Vietnam? Not likely. Many in the Asian region will still negotiate with the United States but a new player on the block may be India. India may be the one who finds new opportunities for partnerships.
I deliberately omitted Japan - but South Korea and other nations, including Australia, yes.
They are being placed in a no-win situation and have few options.
I do agree with you regarding Modi’s India, however.
If the USA seriously moves away from globalization, free-trade agreements, and the (global) free market with the type of protectionist rhetoric Trump has used, the door for China to become the major economic power of the world will be pretty much wide open.
You’ve got it in one
It’s sad and worrying but undeniably true.
It remains to be seen what policies the current Admin and Congress will put forward for the United States in terms of foreign trade.
Yet, speculating on influences in the Asian region, India may be the unnoticed growing power.
As for the OP topic of energy storage, this article brings up some challenges of the changing marketplaces and energy storage. The Gigafactory may have a big impact on the future, time will tell. And it may turn out to be more of a domestic advantage than any foreign advantage (for multiple nations).
Trump himself never talks about “isolationism”, but “fair trade”; that there must be some mutuality of benefit or trade is just losing your socks to another. Volume isn’t everything. It’s no good for a shopkeeper to double his sales if he loses money on every one. Trade for its own sake is not a proper goal.
The article in the OP never really explains what kind of storage China is going to take leadership of, or how it’s going to do it. Several are named, including hydro storage. The Three Gorges Dam stores a great deal more than 9 gw of power, but you can’t ship the dam to Japan or Argentina.
No one can seriously doubt that China is going to be a major power in years to come, and in many ways, including trade. But turning the U.S. into a commodity shipper and importer of all finished goods won’t do anything but turn the U.S. into a third world country over time.
I realize some people hate Trump and attribute all sorts of things to him that haven’t happened and might never happen. But hatred alone does not make seeking “fair trade” an unworthy or even unrealistic goal.
The answer to “no wind,” or “no sunlight” is energy storage. Most people are not aware that electrical energy is used moments after it was made. However, energy storage will help with any gaps with renewables. Battery storage is a good idea but molten salt is gaining ground.
India is definitely worth watching.