Australia will seek to entrench US 'pivot' to Asia

Subject The prospects for Australian foreign policy in the next 18 months. Significance Australia sits among a number of international circles: it has been a partner in global alliances operating in Afghanistan and Iraq; a junior partner within the US-led Asia-Pacific security community; and a lead nation among South-east Asia and Pacific island security issues. Australia's conservative Coalition government, led by vulnerable Prime Minister Tony Abbott, has prioritised domestic issues thus far in its term, but may increasingly turn abroad as it anticipates a difficult election in late 2016. Impacts Threats against Australia from ISG will not deter participation in campaigns in Iraq. Closer economic ties with India will be pursued as a way to balance the slowdown in the Chinese economy. Foreign investment in the Australian housing market may attract government attention.

Subject Japan-South Korea relations. Significance Japan-South Korea relations have global significance. The two are East Asia’s largest and second-largest advanced economies and play a vital role in the economy of the Asia-Pacific region, including in the creation of large free trade areas. Their relationship also affects security issues related to North Korea. Impacts The shared threat from North Korea and the alliances both governments have with Washington will force a degree of cooperation. Intractable political and psychological issues related to history will impede cooperation indefinitely. Bilateral economic ties will remain large-scale and important for both sides, but gradually become less so.


2016 ◽  
Vol 32 (9) ◽  
pp. 32-35
Author(s):  
Mark Thomas

Purpose The purpose of this paper is to analyze Lenovo’s successful acquisition of IBM’s PC division using Ghemawat’s (2001) CAGE framework. It was an acquisition that was so full of symbols that it is difficult to know where to begin. Lenovo’s purchase of IBM in 2005 was first seen as a sign of the rapid growth and expansion of the Chinese economy and its transformation away from the traditional manufacturing base to more high-tech areas. For doomsday merchants in the land of Uncle Sam, it foretold the end of the world domination of the US economy. Despite a considerable number of skeptics at the time, Lenovo was clearly up to the task. Such was the success of the acquisition that by 2015, Lenovo could claim to have grown into the world’s number 1 PC maker, number 3 smartphone manufacturer and number 3 in the production of tablet computers. Design/methodology/approach This paper is a case study. Findings Despite a considerable number of skeptics at the time, Lenovo was clearly up to the task. Such was the success of the acquisition that by 2015, Lenovo could claim to have grown into the world’s number 1 PC maker, number 3 smartphone manufacturer and number 3 in the production of tablet computers. Indeed, by 2014, the firm had enough confidence to add the IBM server business to its portfolio. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


Author(s):  
Tatheer Zahra Sherazi ◽  
Amna Mahmood

Asia Pacific, which is extended Eastward to the states of Oceania, Westward to Pakistan, Southward to New Zealand, and Northward to Mongolia, is currently a pivot of the globe due to its economic growth. Since last two decades, it has got status of ‘growth center’ owing to its high economic growth rate. The United States (US) had been very active in Asia Pacific throughout the Cold War period, but in post-Cold War era, it was disengaged due to its pre-occupation in Middle East. However, the rise of China attracted US again with multiple arrangements at political, economic and social fronts. There are two world views about the US presence in Asia Pacific. The first one asserts that the Asia Pacific is more secure without the presence of US, while others takes the US presence as a patron for stability and solidarity within the region. The US policy of ‘Pivot to Asia’, ‘Asia Pacific’ commonly known as ‘Rebalancing’ ensured its new commitment of deep engagement in Southeast Asia. Policy shift under Trump administration from ‘Pivot to Asia’ to ‘Free Indo-Pacific’ has direct as well indirect implications for Pakistan. The study analyses the US strategies and polices under the theory of ‘Offensive Realism,’ where ‘rational powers uncertain of intentions and capable of military offensive strive to survive’. Analytical, descriptive approaches are adopted in order to analyse US ongoing strategies.


Significance The deal was one of a number of key agreements that Prime Minister Narendra Modi signed during his visit to Tehran on May 23. The visit aimed to advance relations following the lifting of sanctions on Iran in January, and a decade of missed opportunities and rising suspicion in relations between Tehran and Delhi. Impacts Expanding energy and trade ties will support Iran's efforts to diversify its economy and trade relationships. Building economic ties with India will help the normalisation of Tehran's international relations. India will limit security and defence cooperation with Iran in order to avoid alienating Israel, Gulf states and the United States.


Subject Pakistan's ties with Saudi Arabia. Significance Prime Minister Nawaz Sharif visited Saudi Arabia last week -- for the second time in two months. Much attention focused on Pakistan's potential role in the Riyadh-led counterterrorism alliance, with the kingdom looking for a concrete commitment. With Iranian President Hassan Rouhani due in Pakistan at the end of March, Sharif sought to calm Saudi concerns about deepening Pakistan-Iran economic ties. Both relationships are bound to be complex balancing acts. Impacts Pakistan's army is unlikely to send troops for Riyadh's overseas military campaigns for fear of stoking sectarian tensions within Pakistan. An excessively pro-Iran attitude by Sharif's government would annoy Pakistan's military. Sharif will avoid this, in large part to ensure his own administration lasts its full term to mid-2018. Pakistan's reluctance to join Saudi-led military operations will increase Saudi dependence on other Sunni military allies, eg, Egypt, Sudan.


Subject Possible deployment of the US THAAD missile defence system in South Korea. Significance China has threatened South Korea with a serious breach in relations if it agrees to US deployment on its territory of a new theatre missile defence system, called THAAD (Terminal High Altitude Area Defense). The threat represents a change in China's posture toward South Korea that may be explained more by Beijing's stiffening opposition to the US rebalancing (the 'pivot to Asia') than by the purely operational capabilities and characteristics of THAAD. Impacts Deployment of THAAD is not yet a sure thing. Seoul will invest heavily in its own missile defence capabilities independent of THAAD. The prospect of any kind of diplomatic breakthrough between Beijing and Washington will have to await the next US administration. Japan's turn towards more active defence policy makes China feel threatened, but Beijing can do little to mitigate it.


Subject Chinese and Indian interest in Nepal. Significance China’s Belt and Road Initiative (BRI) is dominating Nepal’s agenda. Until a decade ago, Nepal was clearly within India’s sphere of influence. Nepali Prime Minister KP Oli in April made a three-day state visit to Delhi and in June made a six-day state visit to Beijing. Impacts The governing Nepal Communist Party will be at risk of a split, especially during negotiations over a new chair in two years’ time. Campaigning in nearby Bhutan’s elections later this year is likely to be dominated by debate over the country's ties with India and China. India and China may seek mutual easing of trade barriers as part of efforts to improve bilateral economic ties.


Subject The economic outlook for Papua New Guinea. Significance Rating agency Moody’s on March 23 shifted Papua New Guinea (PNG) to 'negative watch', a further indication of the economic challenges facing the re-elected Peter O’Neill government as it prepares to host the Asia-Pacific Economic Cooperation (APEC) summit in November this year. PNG in February suffered its largest earthquake for nearly a century in areas surrounding the largest resource projects in the country. Impacts Despite a planned major expansion in LNG production, recent policy decisions suggest a troubled business environment. Reversals in economic policy, combined with the earthquake, will further depress GDP growth. Prime Minister Peter O’Neill is weaving together a large coalition which should cement his position until at least after APEC. Foreign exchange shortages will harm growth and discourage investment, due to fears that firms cannot pay dividends to foreign shareholders.


Significance This is the first visit to Washington by a Thai prime minister since 2005. Thai-US relations have been much cooler since the mid-2014 military coup that Prayuth, as an army general, led to depose Prime Minister Yingluck Shinawatra. The visit, therefore, had high symbolism. It was also controversial because Trump is warming ties with a coup leader who has instituted a new constitution that will weaken elected government in Thailand after the next election, which Prayuth told Trump would take place in 2018. Impacts Thailand’s election could be delayed to 2019: two of the required pre-poll ‘organic laws’ will not be passed until end-2018. Thai intellectual property protections will likely be strengthened to avoid sanctions under the US Trade Act’s Section 301. Thai-US anti-Islamic State cooperation will likely be slow to build, partly given southern Thailand’s Muslim-Buddhist conflict. Thailand will push for enhanced trade ties with the EU and post-Brexit United Kingdom.


Significance This followed five rocket attacks on the US-led coalition in the last two weeks, which killed two US and one UK citizen. It also came two days after Kurdish President Barham Salih named Adnan al-Zurfi, a US-linked Shia nationalist politician, as the new prime minister-designate. Impacts Washington may hold back its response to attacks in order to further Zurfi’s ratification. A massive double hit from low oil prices and COVID-19 will force Iraq to seek more international aid. A Zurfi government could improve Iraq’s chances of gaining Western and Gulf financial assistance.


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