Xinhua recently published an article discussing the strategic adjustments that are required based on the current global political environment. The article suggested that many countries in the world (such as the U.S. and Japan) are adjusting their global strategies and China needs to do the same in order to keep pace with them. The article discussed four areas for the new strategic adjustments. On the east side, China should stabilize the Asia-Pacific region as an answer to the U.S. shift of its strategic focus to the East. This stabilization effort should especially emphasize the relationship with Japan and the ASEAN (the Association of Southeast Asian Nations). On the north side, China should enhance its relationship with Russia, focusing on nuclear technology, space technology, and trade. On the west side, China should strengthen its ties with the Mid-Asian and West Asian countries, especially with nations that are rich in energy resources and who may be suffering from the U.S. strategy of “reducing its energy dependency.” On the south side, China should pay extra attention to the traditional “Southern” developing countries that include the African countries and the Latin American countries. Direct investments from China to these countries are growing very rapidly.
Source: Xinhua, December 16, 2012