Showing posts with label Global Economy. Show all posts
Showing posts with label Global Economy. Show all posts

Saturday, September 26, 2026

Asia Policy Events, Monday September 28, 2026

TAKEAWAYS FROM THE TRUMP-XI SUMMIT: THE ECONOMIC SECURITY ANGLES. 9/28, 9:00-10:00am (EDT), VIRTUAL. Sponsor: CSIS. Speakers: Scott Kennedy, Senior Adviser and Trustee Chair, Chinese Business and Economics, CSIS; Sujai Shivakumar, Director and Senior Fellow, Renewing American Innovation, CSIS; Philip Luck, Director, Economics Program and Scholl Chair, International Business, CSIS; Kate Koren, Deputy Director, Economics Program and Scholl Chair, International Business, CSIS; Ilaria Mazzocco, Deputy Director and Senior Fellow, Trustee Chair, Chinese Business and Economics, CSIS; Lauryn Williams, Deputy Director and Senior Fellow, Strategic Technologies Program, CSIS.

THE SECOND TRUMP-XI SUMMIT: TAKEAWAYS FROM THE US, CHINA, AND RUSSIA. 9/28, 9:30am (EDT), VIRTUAL. Sponsor: Stimson Center. Speakers: Christopher Preble, Senior Fellow and Director, Reimagining US Grand Strategy Program, Stimson Center; Yun Sun, Senior Fellow and Director, China Program, Stimson Center; Peter Slezkine, Senior Fellow and Director, Russia Program, Stimson Center.

AF BRIG. GEN. TIMOTHY M. HELFRICH. 9/28, 1:00-2:30pm (EDT), VIRTUAL. Sponsor: Mitchell Institute for Aerospace Studies. Speaker: Brig. Gen. Timothy M. Helfrich, Portfolio Acquisition Executive for Fighters and Advanced Aircraft, Air Force Life Cycle Management Center, Air Force Materiel Command; Moderator: Heather Penney, Director of Studies and Research, Mitchell Institute for Aerospace Studies.

PROTECTING UKRAINE'S ENERGY INFRASTRUCTURE, FOCUSING ON WINTER, WAR, AND LESSONS FOR THE UNITED STATES. 9/28, 2:00pm, 188 Russell Senate Office Building. Sponsor: Commission on Security and Cooperation in Europe (U.S. Helsinki Commission). Speakers: Meredith Berger, former Assistant Secretary of the Navy (Energy, Installations, and Environment); Michael Kofman, senior fellow, Russia and Eurasia Program, Carnegie Endowment for International Peace; Alex Riabchyn, Chief International and Sustainability Officer, Naftogaz Ukraine. 

BOOK TALK: IS CHINA'S ECONOMY BROKEN? 9/28, 4:00-6:00pm (EDT), HYBRID. Sponsor: Trustee Chair in Chinese Business and Economics, CSIS. Speakers: author Logan Wright, Senior Associate (Non-resident), Trustee Chair in Chinese Business and Economics, CSIS, Broken China: How the Economic Miracle Shattered and What It Means for the World; Dinny McMahon, Head of China Markets Research, Trivium China; Tianlei Huang, Senior Fellow, Peterson Institute for International Economics (PIIE); Zoe Liu, Maurice R. Greenberg Senior Fellow for China Studies, Council on Foreign Relations (CFR); Moderator: Scott Kennedy, Senior Adviser and Trustee Chair in Chinese Business and Economics, CSIS. PURCHASE BOOK

CHINA’S LAW ON PROMOTING ETHNIC UNITY AND PROGRESS. 9/28, 4:30-6:00pm (EDT), IN PERSON ONLY. Sponsor: Weatherhead East Asian Institute, Columbia University. Speakers: Aaron Glasserman, Distinguished Fellow, Weatherhead East Asian Institute, Columbia University; Tenzin (Tendor) Dorjee, Director of Research & Advocacy, Tibet Action Institute; Rayhan Asat, Senior Legal and Policy Advisor, Atlantic Council; Moderator: Andrew J. Nathan, Class of 1919 Professor of Political Science, Columbia University.

JAPAN’S RESIDENCY RULES: WHAT HAS REALLY CHANGED AND HOW DO THEY COMPARE WITH OTHER PLACES? 9/28, 6:00-9:00pm (JST), IN PERSON ONLY. Sponsors: Yokosuka Council on Asia-Pacific Studies (YCAPS); Japan Expert Insights. Speakers: Yuta Kato, Certified Administrative Procedures Legal Specialist (Immigration Attorney), IMS Legal Professional Corporation; Maximilien Xavier Rehm, Postdoctoral Assistant, Graduate School of Global Studies, Doshisha University, Kyoto; Ben Tanaka, Founder, RetireJapan; Moderator: John Bradford, Executive Director, YCAPS.

Sunday, September 20, 2026

Asia Policy Events, Monday September 21, 2026

Today is Yom Kippur, the day of atonement for the Jewish people. Many places in the US are closed. Congress is not in session. The House left last week and will not return until after the mid-terms. The Senate is expected to go on recess on October 2.

THE IMPLICATIONS OF THE HORMUZ ENERGY CRISIS ON SOUTH ASIA. 9/21, 8:30-9:30am (EDT), VIRTUAL. Sponsor: CSIS. Speakers: Anish De, Global Head for Energy Natural Resources & Chemicals (ENRC), KPMG International; Vibhuti Garg, Director, South Asia, IEEFA; Amit Jain, Senior Energy Specialist, World Bank; Jane Nakano, Senior Fellow, Energy Security and Climate Change Program CSIS.

ENERGY OPPORTUNITY FORUM 2026: BUILDING ABUNDANT ENERGY IN THE GLOBAL SOUTH. 9/21, 8:45-10:45am (EDT), IN PERSON ONLY. Sponsor: Energy Opportunity Lab, Center on Global Energy Policy, Columbia University School of International and Public Affairs. Speakers Include: Rania Al-Mashat, Executive Secretary of the Economic and Social Commission for Western Asia, United Nations; Ashish Khanna, Director General, International Solar Alliance; Luisa Palacios, Senior Research Scholar, Center on Global Energy Policy.

NEW STRATEGIC PRIORITIES: HOW CHINA IS RESPONDING TO RUSSIA–NORTH KOREA MILITARY COOPERATION. 9/21, 9:00-10:00am (EDT), VIRTUAL. Sponsor: Asia Society Policy Institute. Speakers: Sungmin Cho, Nonresident Fellow on Chinese Politics, Foreign Policy, and National Security, Asia Society Policy Institute; Emma Chanlett-Avery, Deputy Director, Asia Society Policy Institute; Moderator: Lyle Morris, Senior Fellow on Foreign Policy and National Security, Asia Society Policy Institute.

THE GERMAN STATE ELECTIONS AND THE RISE Of AfD. 9/21, Noon-1:00pm (EDT), VIRTUAL. Sponsor: Quincy. Speakers: Reinhard Krumm, head of the US & Canada office of the Friedrich-Ebert-Stiftung (FES) in Washington DC; Thomas Fasbender, German journalist; and Molly O’Neal, non-resident fellow at the Quincy Institute.

HER POWER 2026: SUSTAINING ACTION FOR WOMEN AND GIRLS. 9/21, 3:30-6:30pm (EDT), HYBRID. Sponsor: Foreign Policy. Speakers: H.E. Dr. Rania Al-Mashat, Under-Secretary-General and Executive Secretary, United Nations Economic and Social Commission for Western Asia; Hon. Dr. Velislava Petrova-Chamova, Minister of Foreign Affairs, Republic of Bulgaria; Roberta Metsola, President, European Parliament; Hon. Lori Urso (D-RI), Senator; Abigail Erikson, Chief, UN Trust Fund to End Violence Against Women and Girls; and more.

BOOK TALK: INSIDE CHINA'S SECRET PRISONS: AN UNDERCOVER EXPOSÉ AND ITS LASTING LEGACY. 9/21, 4:30-6:00pm (EDT), HYBRID. Sponsors: Weatherhead East Asian Institute, Columbia University; China and the World Program, Columbia University. Speaker: author, Orville Schell, Arthur Ross Director, Center on U.S.-China Relations, Asia Society; Moderator: Andrew J. Nathan, Class of 1919 Professor of Political Science, Columbia University. PURCHASE BOOK 

Sunday, September 6, 2026

Asia Policy Events, Monday September 7, 2026

It is a federal holiday in both the U.S. and Canada on Monday. The U.S. Congress is on a weeklong recess. The U.S. House of Representatives will take the following week for recess as well. 

STATE DEPENDENCE OF MONETARY POLICY DURING GLOBAL SUPPLY CHAIN DISRUPTIONS. 9/7, 5:00-6:30pm (JST), 4:00-5:30am (EDT), VIRTUAL. Sponsor: Canon Institute for Global Studies (CIGS), Tokyo, Japan. Speaker: Francesco Zanetti, International Research Fellow, CIGS.


Sunday, June 28, 2026

China Strategy Isolates Japan

 Takaichi Goes It Alone at the G7


By Takuya Nishimura, Senior Fellow, Asia Policy Point
Former editorial writer for the Hokkaido Shimbun
You can find his blog, J Update here.
June 21, 2026

 
At this month’s annual Group of Seven (G7) Summit Meeting in Evian-les-Bains, France, Japanese Prime Minister Sanae Takaichi made it clear that she had a quite different concern on international issues than the other leaders did. The summit is traditionally a forum to reconfirm unity of the group to lead the world. Such was the case this year when the group reviewed progress to end the war in Iran. Takaichi, however, emphasized the vulnerability of industrial supply chains and competition with China’s trade strategy. Her tack gained no enthusiastic supporters among the G7 as an explicit supply chain policy would strain rather than ease international tensions.
 
It was obvious at the outset that the Iran war would dominate the discussions. Just before the leaders’ meeting began, the United States and Iran reached an apparent 60-day ceasefire (although not nearly a permanent solution). The memorandum of understanding (MOU) obligates Iran to use its best efforts to ensure safe passage of commercial traffic in the Strait of Hormuz for 60 days. (In fact, Iran has now closed the Strait.) To Iran’s benefit, the MOU also includes – again for a 60-day period – termination of Israel’s military operations in Lebanon, plans (but no financial commitments) for a $300 billion reconstruction program, waivers of U.S. sanctions crude oil exports from Iran, and the return of frozen assets to Iran.
 
On the nuclear issue, Iran “reaffirmed” that it would not procure or develop nuclear weapons; that is, Iran confirmed an earlier commitment. Iran and the U.S. also committed to develop a mechanism to dispose of Iran’s “stockpiled enriched material,” which could mean on-site down-blending, but the MOU does not rule out other disposition methods such as removal. The MOU allows – for the 60 days it is in effect – Iran to maintain its nuclear program and without any new sanctions from the U.S. The MOU does not mention missiles. By many accounts, the MOU considered a victory for Iran.
 
The G7 countries welcomed the deal as an attempt to normalize international relations and the oil trade. A leaders’ statement stressed that the deal was “secured under the strong leadership of President Trump,” noting efforts by France and the United Kingdom to resume maritime traffic in the Strait of Hormuz. The G7 chairman, French President Emmanuel Macron, described the summit as “a moment of unity, of quality discussion, and of genuine cooperation of the leaders.”
 
Upon receiving the news of the U.S.-Iran agreement, Takaichi welcomed it as a major step toward settling the situation in the Middle East. She emphasized the importance of implementing the agreement. But she did not offer any commitment by Japan to the reconstruction of Iran, including mine-sweeping in the strait. “Nothing has been determined for dispatching the Self-Defense Force,” Takaichi stated in a press conference. As readers know, the Constitution of Japan strictly limits sending troops to a battlefield.
 
On the sidelines of the summit, Takaichi had a five-minute conversation with Trump. In his press conference afterward, Trump limited his warmth to Japan by characterizing Takaichi as his “biggest fan.” Otherwise, Trump said, “I’ll be honest, Japan was not willing to get involved during the war.” There was no report that Takaichi affirmed her compliment of Trump in her visit to the White House in March, which was that “Donald is the only person who can bring peace and prosperity across the world.”
 
Instead, Takaichi tried to pursue Japan’s interest by connecting the war in Iran with pressure on China. She put economic security at the center of Japan’s views in the G7 rather than joining with the other members in focusing on ending the war in Iran or post-war reconstruction. Although she proposed building a system of oil reserves for developing countries, Takaichi’s clear goal was to gain support for stockpiling critical minerals and lessening dependence on China. The G7 issued a declaration on supply chains for critical minerals, but it went only as far as to say that the group “will work together with partners to reduce critical dependencies and ensure that attempts or threats to weaponize economic dependencies fail.”
 
China immediately responded to that statement. “It’s leader’s latest G7 remarks on China were particularly obtrusive, exposing that its attempt to rally allies and stir up confrontation wins no support and is bound to fail,” said China’s foreign ministry spokesperson, Lin Jian. Lin said that Takaichi’s posture against China was a “glaring self-contradiction” and an instance of “Japan’s hypocrisy.” Despite her stated willingness to talk, Takaichi has made no serious effort to resume bilateral leaders’ talks and normalize economic relationship with China. Takaichi’s G7 diplomacy seems to have only exacerbated tensions with China.
 
It has not helped Takaichi that other G7 countries, suffering from Trump’s tariff policies, have approached China about trade deals that might restore their economic performance to the pre-U.S. tariff levels (or beyond). Macron visited China last December, calling for efforts to promote multinationalism with Chinese President Xi Jinping. Canadian Prime Minister Mark Carney visited Beijing last January and agreed with Xi on advancing a strategic partnership between the two countries. Carney described relations with China as “more predictable” than those with the Trump administration.
 
Outgoing British Prime Minister Keir Starmer met Xi in Beijing also in January. German Chancellor Friedrich Merz visited China in February. And Italian Prime Minister Giorgia Meloni paid an official visit to China in July 2024.
 
Even worse, from Takaichi’s perspective, Trump himself visited China in May, agreeing with Xi on building a relationship of strategic stability between the two countries. Takaichi is the only G7 leader who has not made a visit to China. All that she has been able to do was to visit the White House before Trump visited China. Japan finds itself uniquely isolated in its adversarial China policy. It is time for Takaichi to emulate her G7 colleagues and improve bilateral relations with China.

Sunday, June 21, 2026

Takaichi's Mercantilism

Japan's PM Takaichi Heads to Europe


By Takuya Nishimura, Senior Fellow, Asia Policy Point
Former editorial writer for the Hokkaido Shimbun
You can find his blog, J Update here.
June 15, 2026


Prime Minister Sanae Takaichi participates in her first Group of Seven (G7) summit in Evian, France from June 15 to 17. The meeting is the last stop for her; in the past few days, she has visited the United Kingdom and Italy. Her top diplomatic priority is securing Japan’s supply chain amid a volatile world order. Although Takaichi says she stands for a “diplomacy that flourishes on the world’s center stage,” her diplomacy is in fact heavily dominated by her own interests.
 
The first stop on her trip to Europe was London from June 13-14. In a meeting with United Kingdom Prime Minister Keir Starmer, Takaichi shared her concern over export restrictions on critical minerals and urged bilateral cooperation on economic security, including strengthening supply chains.
 
Securing supply chains has been a core tenet of Takaichi’s diplomacy. In her individual meetings with the leaders of Vietnam, Australia, the Republic of Korea, and the Philippines in May, Takaichi drew attention to the maintenance of supply chains while criticizing China for its export controls over critical minerals. Aspiring to strengthen her position on international economic security, Takaichi hoped to make up for her irregular comment on the Taiwan contingency last November, which deeply undermined Japan’s relations with China.
 
Takaichi and Starmer also confirmed acceleration of the development of next-generation fighter aircraft under the Global Combat Air Programme (GCAP) with the UK and Italy. This is supposedly the main reason that Takaichi chose to visit London and Rome before the G7 summit.
 
Takaichi has sought to expand Japan’s international trade in defense equipment, expecting it to contribute to her economic growth strategy. She promoted trade in or joint development of destroyers with the Philippines and Australia. GCAP is in the same context. She once said that “Strategic investments that enhance resilience against potential crises are the core focus of the Takaichi Cabinet’s growth strategy.”
 
This approach reverses Japan’s longstanding reluctance to trade in military equipment.  “Even if some foreign exchange surplus could be earned, our nation has not stooped so low as to make money by exporting weapons,” former prime minister Kiichi Miyazawa said when he was foreign minister in 1976. Takaichi now argues that times have changed and that trade with other countries in defense equipment would contribute to the growth of the Japanese economy.
 
While Takaichi was travelling in Europe, U.S. President Donald Trump announced that the U.S. and Iran had reached a deal for ending the war. Takaichi posted on X that she would welcome the agreement as a key step toward a settlement and hoped for free and safe traffic in the Strait of Hormuz. Takaichi must be wishing for the normalization of international trade. “Donald is the only person who can bring peace and prosperity across the world,” Takaichi said to Trump in her visit to the White House in March.
 
The Takaichi administration introduced a subsidy for gasoline as soon as the war in Iran started. To maintain public support for her cabinet, she formulated a supplemental budget to continue this subsidy earlier this month. A subsidy does not cure all ills, however. Opposition lawmakers have questioned Takaichi about oil import shortages that limit production of various goods that are indispensable for manufacturing and that cause prolonged price inflation.
 
That is why she is focusing her diplomatic efforts on securing the supply chain. It is expected that she would propose a joint stockpiling plan for critical minerals at the G7 summit meeting. Takaichi hopes to take the initiative to build a system in which like-minded countries can collaborate to strengthen supply chains. Her proposal would be a countermeasure to China’s coercive trade policy on critical minerals.
 
It is still unclear whether Takaichi’s initiative to secure the supply chain accelerates Plan B of Japan’s diplomacy, which is to move Japan away from excessive dependence upon the United States. It is true that Japan has been seeking alternatives in trade opportunities after Trump imposed additional tariffs in June 2025. The Iran war has proven that Japan cannot secure oil from the Middle East by relying on U.S. dominance in international security. Yet Japan’s national security is still fundamentally based its alliance with the U.S., as seen in efforts to grow the defense budget by current and former administrations.
 
Takaichi has yet to find an exit from Japan’s current diplomatic difficulties: the uncertainty of the Trump administration and the persistent diplomatic pressure from China. Although Takaichi stands by the Free and Open Indo-Pacific (FOIP), which was invented by former Prime Minister Shinzo Abe to expand Japan’s role in the region, it no longer holds much sway. In the current war-based world order, the creation of a democratic bloc of countries may not guarantee stability or prosperity. The FOIP policy may appeal to Japan’s conservative base, but Takaichi does not have a viable grand strategy to give Japan a greater role on the international stage.
 
Turning our eyes to domestic politics, Takaichi faces scandals of her own. Her secretary is thought to be involved in a defamatory social media campaign strategy in the presidential election of the Liberal Democratic Party last October. Although she has denied any misdeeds in her campaign, the opposition parties have demanded that the secretary testify before a Diet committee. Although it may not violate any law, a defamatory strategy could damage Takaichi politically because she depends on support from SNS users.

Her approval rating has suffered a gradual decline according to polls of news organizations because of the defamation scandal or the shortage of naphtha. As former prime ministers have done, Takaichi hopes to achieve diplomatic gains that will change the direction of domestic headwinds. However, it is unlikely that she can attain success in her visit to Europe to a degree that would lead to a resurgence in public support. 

Sunday, June 14, 2026

Asia Policy Events, Monday June 15, 2026



Hudson Institute’s Center for Defense Concepts and Technology launch of a new report, Strengthening the Front Line: Transforming the Japan Self-Defense Force for 

AFTER THE WAR: REORIENTING GULF ECONOMIC STRATEGY. 6/15, 4:00-5:15pm (GMT+3), 8:00-9:15am (EDT), VIRTUAL. Sponsor: Middle East Council on Global Affairs. Speakers: Frédéric Schneider, Nonresident Senior Fellow, Middle East Council on Global Affairs; Mohammed Al-Hashemi, Economic Expert; Sultan Barakat, Professor at the College of Public Policy, Hamad Bin Khalifa University. Moderator: Logan John Robert Cochrane, Associate Professor, College of Public Policy, Hamad Bin Khalifa University.

NAVIGATING LOCAL RELATIONS WITH CHINA IN EUROPE. 6/15, 3:00-4:00pm (CEST), 9:00-10:00am (EDT), VIRTUAL. Sponsor: German Marshall Fund of the United States (GMF). Speakers: Tomasz Kamiński, Associate Professor, Department of Asian Studies, University of Lodz; Joanna Ciesielska-Klikowska, Associate Professor, Department of Asian Studies, University of Lodz; Paul Costello, Senior Program Manager, GMF Cities; Mareike Ohlberg, Senior Fellow, Indo-Pacific Program, GMF.
NEW ADVOCATES AND THE FUTURE OF INTERNATIONAL HUMAN RIGHTS. 6/15, 4:00-5:00pm (BST), 11:00am-Noon (EDT), HYBRID. Sponsor: Chatham House. Speaker: Binaifer Nowrojee, President, Open Society Foundations; Moderator: Marc Weller, Director, Global Governance and Security Centre, Chatham House.
THE FUTURE OF INTERNATIONAL TAX REFORM. 6/15, 1:00pm (EDT), HYBRID. Sponsor: American Enterprise Institute (AEI). Speakers Include: Azeka Abramoff, Legislation Counsel, Joint Committee on Taxation; Barbara M. Angus, Consultant, Ernst & Young (Washington, DC); Pat Brown, Partner, PricewaterhouseCoopers; George Callas, Founder, Callas Strategy Group; Nate Carden, Partner, Skadden, Arps, Slate, Meagher & Flom; Todd Castagno, Head of Global Valuation, Accounting & Tax (GVAT), Morgan Stanley; Alan Cole, Senior Economist, Tax Foundation; Ronald A. Dabrowski, Principal, KPMG; Tijana J. Dvornic, Partner, Wachtell, Lipton, Rosen & Katz; Lilian V. Faulhaber, Professor of Law, Georgetown University Law Center; Mindy Herzfeld, Professor of Practice, University of Florida Levin College of Law; Brian Jenn, Partner, McDermott, Will, & Schulte.
VICE PRESIDENT MIKE PENCE IN CONVERSATION WITH ROBERT COSTA. 6/15, 7:00pm (EDT), HYBRID. Sponsor: National Press Club. Speakers: Mike Pence, 48th Vice President of the United States; Robert Costa, Chief Washington Analyst, CBS. FEE

Japan’s FOIP Faces a Trump Contradiction

Japan can’t hedge against Trump without stabilising relations with China

By Mike Mochizuki, Non-Resident Fellow at the Quincy Institute, Japan-U.S. Relations Chair in Memory of Gaston Sigur at the Elliott School of International Affairs in George Washington University, and APP Member.

First Published June 3, 2026 on East Asia Forum.

D
espite US President Donald Trump’s disruptive foreign policies, Japan is trying to lock in its alliance with the United States, out of fear of China. Japanese Prime Minister Sanae Takaichi has flattered Trump and appeased his defence and economic demands while vowing to implement former prime minister Shinzo Abe’s vision of a ‘Free and Open Indo-Pacific’ (FOIP). This is a strategy that will not work.

Trump has undercut the key pillars of Japan’s FOIP by defying the rules-based international order, rejecting the provision of international public goods, and weakening multilateral agreements to promote free trade. The contradiction between embracing Trump and promoting FOIP is so stark that it hollows out FOIP’s goals and principles.

While Japan is fixated on maintaining supply chain resilience against possible Chinese economic coercion, the tragic irony is that the US–Israeli war against Iran has sabotaged Japan’s economic security. Trump’s erratic behaviour means that US allies can no longer rely on Washington.

US allies should seriously consider a Plan B as an alternative to their Plan A of virtual wholesale accommodation of Trump. But rather than developing a Plan B, mainstream Japanese strategists are advocating what they call a ‘Plan A+’ — a hedge against the uncertainties of US foreign policy.

Under Plan A+, Japan would supplement its brand of ‘America First’ diplomacy in two ways. It would strengthen ties with like-minded middle powers to counter Chinese military assertiveness and economic coercion. Japan would also build up its defence capabilities to reduce dependence on the US security commitment.

This dual-track hedge is inadequate and misguided.

Though European middle powers are wary of China, they cannot compensate for a weakening US security commitment. European states may show a naval presence, but they are too distant to play a critical role in Japan’s paramount security concerns, such as the defence of Taiwan.

Many European countries have also reset relations with China in a more positive direction. This contrasts sharply with the acute deterioration in Japan–China relations after Takaichi became prime minister. Most middle powers in the Asia Pacific likewise remain reluctant to join Japan in a collective defence pact that risks a military conflict with China.

Even if Japan builds up its defence capabilities to deter China, Beijing will respond with its own military buildup to dissuade Japan from intervening in a Taiwan conflict. The ensuing arms race will favour China, which has more economic resources and fewer political constraints on military spending. China’s vast geographic area makes Japan more vulnerable to missile attacks and China more militarily resilient. A Japanese defence buildup is not a hedge against a weakening US security commitment, but wishful thinking that the United States will return to its previous role after Trump. In fact, Japan’s current face-off with China will make Japan more militarily dependent upon the United States.

Plan A+ will also exacerbate Japan–China tensions. The growing antagonism between Tokyo and Beijing is becoming a liability for Japan’s middle power diplomacy. When Japan was an economic superpower, Tokyo made the strategic choice not to become a great power in the traditional sense by adopting stringent constraints on its own defence policies as well as upholding the pacifist article 9 of the postwar constitution. Japan therefore emphasised multilateral cooperation and pursued positive engagement with China as well as maintained its alliance with the United States.

Today, Japan has been relaxing many of these self-imposed constraints and is seriously considering constitutional revision, but the relative decline of its economic capabilities and the shrinkage of its population are cementing Japan’s status as a middle power. Even more so than before, Japan must cooperate with other countries and eschew unilateralism. But its current middle power diplomacy of trying to get Asia Pacific countries to counter China will intensify China’s hostility towards Japan.

Most countries in the region, however, do not want to choose between the United States and China, nor between Japan and China. Though they prefer Japan to restrain US–China rivalry, Tokyo is instead anxious about Trump’s interest in stabilising US–China relations.

Takaichi has indicated that Japan remains open to dialogue with China, but her approach is passive. Tokyo needs to act proactively to stabilise relations by addressing concerns that Japan seeks the independence of Taiwan or its permanent separation from China. To reassure China, Japan should reaffirm the points about Taiwan made in the 1972 Japan–China normalisation communique. It should also explicitly state that it does not support Taiwan’s independence and would accept any resolution accepted by both sides of the Taiwan Strait.

When Japan normalised relations with China in 1972, then foreign minister Masayoshi Ohira stated that Japan does not support the Taiwan independence movement. Moreover, former prime ministers Keizo Obuchi and Yasuo Fukuda reaffirmed this stance in 1998 and 2007 respectively by declaring that Japan does not support the independence of Taiwan. Since then, Japanese leaders have refrained from providing this reassurance to Beijing, which has raised Chinese suspicions that Japan is veering away from its one-China policy. This shift contrasts sharply with the United States, which has repeatedly stated that it does not support Taiwan’s independence.

Stabilising Japan–China relations would let Japan reformulate FOIP to restrain great power competition and develop a more stable and cooperative Asia.

Though Japanese officials claim FOIP is not directed against China and that Japan would welcome China’s participation, the operational reality of FOIP is to counter Chinese influence. FOIP stresses international public goods, but Japan’s regional capacity-building, promotion of connectivity, security minilateralism (small-group diplomacy among aligned states) and support for high standard trade and investment rules look more like international club goods.

In May 2026, Prime Minister Takaichi updated Abe’s FOIP framework by stressing regional cooperation to enhance economic resilience and energy security. But even under this slightly amended FOIP framework, Tokyo still seeks to mobilise Asian countries to resist China rather than nurture an inclusive regional order.

A more divided and conflict-ridden world makes a fundamentally revised FOIP more vital for advancing regional cooperation.

Japan could encourage the deepening of the Regional Comprehensive Economic Partnership, the world’s largest regional trade bloc, which includes China. Tokyo could push to reduce non-tariff barriers, accelerate tariff elimination, strengthen services and investment rules and improve enforcement and dispute settlement.

Japan could also be more forward-looking on China’s interest in joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), encouraging China to undertake the economic reforms needed to meet CPTPP standards on labour rights, environmental protection, digital trade and state-owned enterprises. This would help both China and Taiwan join the CPTPP—facilitating a resolution of the Taiwan question through dialogue rather than military coercion.

A revised FOIP could also help Japan promote maritime confidence-building and crisis prevention. For example, in addition to coast guard capacity building for Southeast Asian countries, Japan could encourage joint exercises with China on search and rescue missions and responses to maritime disasters. Tokyo could also work with Beijing to strengthen the bilateral maritime and aerial communication mechanism and encourage the development of such mechanisms among other states in the region.

With the United States having abandoned international efforts to address climate change, Japan could help lead an Asian effort to reduce greenhouse gas emissions and improve energy efficiency. This demands close cooperation with China, which has made major strides in green technology, as well as with regional middle powers.

Reorienting FOIP cuts against Takaichi’s conservative nationalist instincts and the mood of the Japanese people. But a reorientation is necessary if Japan is to lead as a middle power that restrains great power rivalry rather than fuels it.

Sunday, June 7, 2026

A Third Trump–Kim Summit?

Xi’s North Korea Visit Puts a Trump-Kim Summit Back in Play

by Daniel Sneider, lecturer in East Asian studies at Stanford University, non-resident distinguished fellow at the Korea Economic Institute of America, and APP Member. 

First Published June 5, 2026 at Korean Economic Institute of America.

Chinese President Xi Jinping will make a rare visit to North Korea on June 8—his first international trip this year—weeks after hosting U.S. President Donald Trump and Russian President Vladimir Putin in Beijing. The sequencing has revived a scenario that seemingly grew less likely as Trump’s second term wore on: a third Trump-Kim summit. This writer shared that skepticism, but recent conversations in Seoul with senior officials and North Korea analysts have produced a case for the summit that is proving harder to dismiss than six months ago.

Before reports of Xi’s Pyongyang visit surfaced, this writer had extensive discussions in Seoul with senior officials and well-informed North Korea analysts, during which the possibility of a Trump-Kim summit seemed to gain credence. The idea that such a meeting could even take place before the U.S. midterm elections in November came up in these conversations.

There are, of course, differing views on this and on relations with North Korea. The Lee Jae Myung administration’s senior advisors are seemingly grouped into two broad camps. The “jaju,” or autonomy, camp emphasizes inter-Korean relations and autonomy. The “dongmaeng,” or alliance, camp prioritizes alliance relations with the United States. While both camps may back another meeting between Trump and Kim to advance their respective goals, they interpret North Korea’s eagerness for talks differently.

The dongmaeng camp is more skeptical on this front. They argue Kim is now in a stronger position thanks to Russian aid and support for its nuclear weapons program, and point to tensions with China and sanctions for further strengthening the North Korea-Russia partnership. For example, when Chinese Minister of Foreign Affairs Wang Yi flew to North Korea in April, interlocutors in Seoul told this writer that the Kim regime was unsatisfied with China’s reluctance to recognize it as a nuclear-weapon state.

In this view, economic problems in North Korea are not severe enough to threaten the country’s elite class or incentivize the regime to seek sanctions relief. The regime is focused on an intense military buildup, encouraged by its alliance with Moscow. As a result, the dongmaeng camp believes Kim is uninterested in dialogue but will want recognition of North Korea’s nuclear weapons in any future meeting.

Why Trump and Kim May Want to Meet

Not everyone is convinced. The jaju camp believes that Kim sees great utility in another summit with Trump because he is the only U.S. president that will give him the kind of reception and respect he seeks. Accordingly, if Trump does not set denuclearization as a precondition for talks and makes the initial move to seek a meeting, Kim will be open to the idea, those in the jaju circle argue. But, if denuclearization is explicitly on the table, one well-informed source told me, “he won’t go.”

From this perspective, a summit can happen even if Trump does not recognize or acknowledge North Korea as a nuclear state. The United States may not officially acknowledge this status, the argument goes, but if Trump refrains from bringing up the issue, Kim will think he has gone more than halfway. Russia has already acknowledged North Korea as a nuclear state. And China may be ready to follow Trump’s lead.

Whether this is a viable outcome for the U.S. president largely depends on how the war in Iran concludes. If it ends with an ambiguous solution to Iran’s nuclear program, that could open the door to the U.S.-North Korea summit outcome above. The claim would be that Trump and Kim have achieved “peace” on the Korean Peninsula, brought to an end the state of war that has existed for more than seventy years, and stabilized the entire region.

Some in Seoul suggested a version of the deal discussed in Hanoi in early 2019 could now be agreed upon, with formal denuclearization put aside for later. Kim would commit to no additional production of nuclear warheads—his current stockpile of more than fifty warheads is more than sufficient—and pledge not to proliferate nuclear technology to others, including Iran. Of particular appeal to Trump, Kim could offer to suspend the development and deployment of intercontinental ballistic missiles capable of reaching North America.

“Trump can sell to the U.S. public that he prevented war on the Korean peninsula,” a well-informed source suggested.

The Economic Driver

One important driver of a summit, at least for Kim but maybe for Trump as well, is the prospect of expanded economic cooperation. Conditions within North Korea are extremely stressed, says Kim Byung-Yeon, a North Korean economy expert at Seoul National University.

It is unclear whether living conditions have improved for most North Koreans since Kim took over in late 2011. The country is dealing with extremely high inflation, absurdly low exchange rates, runaway wages, and high rice prices despite Russian assistance. Kim Byung-Yeon says these crisis conditions are due to the regime’s “repression of the market, monopolistic conduct of trade, and suppression of dissent in an attempt to curb South Korean influence.”

From the jaju camp’s view, Kim Jong Un wants to make North Korea a strong and wealthy country. Russian recognition and support alone cannot make this a reality. For that, he needs investment from China and the West, and to that end, the United States and China need to cooperate.

This is not a new argument, and one contested by North Korean experts who see the regime driven mainly by its feverish security buildup, its own survival needs, and even lingering aims of forced unification.

The Third Wheel

The odd man out in this game is South Korea. Kim has abandoned unification, declared the South a hostile state, and severed inter-Korean channels that brokered the 2018 engagement period. South Korean President Lee Jae Myung has far less, if any, leverage compared to President Moon Jae-in at that time.

Opening the doors to engagement with South Korea would be the most effective means of rapid economic development for the North. But a senior official noted with some resignation, “It would lead to regime collapse. That is why they are open to every other country except the South.”

The Lee administration continues to call for broader talks. Minister of Unification Chung Dong Young, a prominent member of the jaju group, recently called for four-party dialogue among the two Koreas, the United States, and China. But there is little reason to expect this proposal to go anywhere.

Ironically, perhaps, the Lee administration is now forced to rely on Trump’s outreach to Kim as the only means of improving inter-Korean relations.

Asia Policy Events, Monday June 8, 2026

JAPAN'S CRACKDOWN ON FOREIGN BUSINESS OWNERS. 6/8, 1:30-2:30pm (JST), 12:30-1:30am (EDT), HYBRID. Sponsor: Foreign Correspondents' Club of Japan (FCCJ). Speakers: Sakura Uchikoshi, Member of the House of Councillors; Kazuki Yuda, Touch Immigration Law Firm.

2026 JAPAN–PHILIPPINES FRIENDSHIP YEAR COMMEMORATIVE SYMPOSIUM. 6/8, 2:30-6:00pm (JST), 1:30-5:00am (EDT), HYBRID. Sponsor: Sasakawa Peace Foundation Tokyo. Speakers Include: H.E. Mylene J. Garcia-Albano, Ambassador Extraordinary and Plenipotentiary of the Republic of the Philippines; H.E. Shinjiro Koizumi, Minister of Defense, Member of the House of Representatives; Sen. Juan Miguel Fernández Zubiri, Senator, the Republic of the Philippines; Yoshiaki Wada, Member of the House of Representatives, Japan; Maryjun Takahashi; Shun Ohno, Affiliated Professor, Center for Southeast Asian Studies, Kyoto University; Ines Yamanouchi Mallari, School President, Philippine Nikkei Jin Kai International School, School President, Mindanao Kokusai Daigaku.

PETRO DIPLOMACY 2026: ENERGY IN CRISIS. 6/8, 9:00am-4:00pm (EDT), HYBRID. Sponsor: Arab Gulf States Institute (AGSI). Speakers: Phillip Cornell, Nonresident Senior Fellow, Global Energy Center, Atlantic Council; Mason Hamilton, Vice President of Economics and Research, American Petroleum Institute; Ben Cahill, Nonresident Fellow, AGSI; Ambassador William Roebuck, Executive Vice President, AGSI; Sarah Ladislaw, Founding Director, New Energy Industrial Strategy Center, Former Senior Director for Climate and Energy, U.S. National Security Council.

GAZA UPDATE: REALITIES, RISKS, AND THE ROAD AHEAD. 6/8, 11:00am-Noon (EDT), VIRTUAL. Sponsor: Middle East Institute (MEI). Speakers: Jaser Abu Mousa, Senior Fellow, MEI; Natan Sachs, Senior Fellow, MEI; Moderator: Lucy Kurtzer-Ellenbogen, Senior Fellow, MEI.

THE END OF TURKEY'S DEMOCRACY?: ERDOĞAN'S ATTEMPTS TO NEUTER THE LAST OPPOSITION PARTY. 6/8, 3:00pm (EDT), HYBRID. Sponsor: Jewish Institute for National Security of America (JINSA). Speakers: Amb. Eric Edelman, Distinguished Scholar, JINSA, Former U.S. Ambassador to Turkey; Svante E. Cornell, Scholar, Director, Central Asia-Caucasus Institute & Silk Road Studies Program, JINSA; Blaise Misztal, Vice President for Policy, JINSA. Exclusively for JINSA National Leaders in good standing, program participants, congressional and administration staff, U.S. military, press, and select members of the policy community.

FRAGILITY, CONFLICT, AND THE FUTURE OF AID IN TURBULENT TIMES. 6/8, 4:00-5:00pm (EDT), HYBRID. Sponsor: Global Development Department, CSIS. Speakers: David Miliband, President and CEO, International Rescue Committee (IRC); Rabih El Chammay, Head, National Mental Health Programme, Ministry of Health, Lebanon; Roya Rahmani, Director of Global Engagement, World Bank Group; Moderator: Enoh T. Ebong, President, Global Development Department, CSIS.

FROM YORKTOWN TO PHILADELPHIA: GEOPOLITICAL IMPERATIVES AND THE AMERICAN CONSTITUTION. 6/8, 6:30pm (EDT), IN PERSON ONLY. Sponsor: Hillsdale College [MAGA]. Speaker: Paul A. Rahe, Professor of History, Charles O. Lee and Louise K. Lee Chair, Western Heritage, Hillsdale College.

KOREAN PENINSULA ISSUES AND US NATIONAL SECURITY. 6/8, 7:00-8:15pm (EDT), VIRTUAL. Sponsor: Institute for Corean-American Studies (ICAS). Speaker: Xavier Brunson, General Commander UNC/CFC/USFKs, United States Army.

FISCAL POLICY FORUM: THE ROLE OF FISCAL POLICY DURING GLOBAL ECONOMIC CRISES. 6/8, 8:00-9:30pm (EDT), VIRTUAL. Sponsors: Institute for Korean Studies at George Washington University, School of Public Policy and Management at Korea Development Institute. Speakers: Tom Ramage, Fellow/Economic Policy Analyst, Korea Economic Institute of America; Tami Overby, Partner, DGA Group Government Relations; Taesuk Lee, Senior Research Fellow, Department of Public Finance and Social Policy, Korea Development Institute (KDI); Younghyun Kim, Director, Budget Communication Cooperation Division, Republic of Korea’s Ministry of Planning and Budget; Moderator: Celeste Arrington, Korea Foundation Associate Professor of Political Science and International Affairs, George Washington University.