What We’re Watching: China vs Australia, Kashmir talks, EU’s Putin FOMO

What We’re Watching: China vs Australia, Kashmir talks, EU’s Putin FOMO

China-Australia trade row continues: In the newest installment of the deepening row between China and Australia, Beijing has launched a complaint against Canberra at the World Trade Organization over tariffs placed on three Chinese exports: wind towers, railway wheels and stainless-steel sinks. Australia says it was caught off-guard by China's suit — the tariffs have been in place since 2014, 2015, and 2019 — and that Beijing didn't go through the regular WTO channels nor pursue bilateral talks before filing the complaint. It's the latest move in a game of tit-for-tat: last year, Beijing slapped tariffs on Australian products like wine and barley, a massive blow to Australia's export-reliant economy. Since the Chinese crackdown on Australian wine, sales have fallen from AU$1.1 billion ($840 million) to just AU$20 million, prompting Australia to recently challenge Beijing's move at the WTO. China-Australia relations have become increasingly fraught over a range of issues including trade, Chinese spying, 5G, and Australia's call for a global probe into the origins of the pandemic.


Is India going to change tack on Kashmir? Leaders of pro-India political parties in Kashmir are meeting with Prime Minister Narendra Modi for the first time since India revoked Kashmir's autonomy almost two years ago. The talks are a sign that Modi may be open to partially restoring the special self-governing status of India's only Muslim-majority territory, which since August 2019 has been ruled directly from Delhi. But, why now? Foreign considerations play a big role. First, restoring Kashmir's autonomy would help to continue a wider India-Pakistan thaw. The two sides recently signed a ceasefire agreement in Kashmir, a territory that they've fought three wars over. Second, the looming US withdrawal from Afghanistan is making India nervous: if, as expected, the Taliban take power again, they could provide haven for Kashmiri separatists eager to attack India.

The EU has Putin FOMO: Joe Biden's summit with Vladimir Putin last week went well enough that now European leaders want to have a go of their own. French President Emmanuel Macron and German Chancellor Angela Merkel on Wednesday proposed a direct EU meeting with the Russian president for the first time in more than seven years, while also threatening more sanctions if Russia continues to challenge European interests and values. The EU is much closer, both geographically and economically, to Russia than the US is, so there's lots to talk about. But the proposal, which evidently blindsided other EU leaders, has exposed divisions within the bloc. Some EU member states — in particular perennial Russia-hawks Poland and the Baltic states — oppose giving Putin the pleasure of a meeting while Russia still occupies Crimea, harbors cybercriminals, spreads disinformation, and stifles dissent. Others, echoing Biden's reasoning, say it's better to speak directly and frankly than not. Can Merkel and Macron get enough of their fellow EU leaders to agree? Putin is watching, and so are we.

Building on its previous commitment, Walmart is investing an additional $350 billion in products made, grown and assembled in America - supporting more than 750,000 new jobs by 2030. This pledge will aim to avoid more than 100M metric tons of CO2 emissions, advance the growth of U.S. based suppliers, and provide opportunities for more than 9,000 entrepreneurs to become Walmart suppliers and sellers through Walmart's annual Open Call.

Turkey's Erdogan ups the ante with the West: Turkey's President Recep Tayyip Erdogan has declared diplomats from 10 Western countries "persona non-grata" after the group — which includes the US, France, and Germany — called on Ankara to release Osman Kavala, a Parisian-born Turkish businessman who's been held in jail since 2017 but hasn't been charged with a crime. Erdogan says that Kavala was involved in an attempted coup against the government in 2016. This latest move is a sign of Turkey's authoritarian drift in recent years, which has seen Erdogan's government increasingly crack down on opposition members as well as journalists. It also reflects Turkey's increasingly fraught relations with the West: things got particularly bad between Washington and Ankara after Turkey purchased missile defense systems from the Russians in 2019. The Council of Europe (the EU's leading human rights organization) had previously warned that Ankara has until November to release Kavala or it would impose "infringements," though it's unclear what those would be.

More Show less

ASEAN gets tough(ish) with Myanmar: The leaders of the 10-member Association of Southeast Asian Nations meet Tuesday for their annual summit with one notable absence: the head of Myanmar's military junta. It's a rare snub from ASEAN, a regional bloc that's gotten a lot of heat in the past for giving tyrants a free pass. The junta says ASEAN violated its traditional principles of deciding by consensus by disinviting its leader, and non-interference in domestic affairs for demanding the bloc's special envoy meet detained former leader Aung San Suu Kyi. For their part, the other ASEAN members have grown visibly alarmed at Myanmar's rapidly deteriorating political and economic situation since the February coup, and they're worried about the spillover effects of Myanmar becoming a failed state. More importantly, Myanmar is a big thorn in ASEAN's side as it walks a fine line between keeping warm ties with the US — which most members want cash and security from — and getting along with China, one of Myanmar's few remaining friends and viewed with suspicion by most ASEAN members over its South China Sea shenanigans.

More Show less

149: The concentration of carbon dioxide in the atmosphere reached a record-high 413.2 parts per million in 2020, 149 percent above pre-industrial levels. A new report by the UN weather agency released ahead of the COP26 climate summit found that last year's lower emissions due to COVID-related lockdowns had no impact on the overall amount of greenhouse gases causing global warming.

More Show less

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, shares insights on US politics:

Why should all eyes be on the Virginia suburbs?

I'm here in the Washington, D.C. suburb of Arlington, Virginia, where the state will be having a gubernatorial election on November 2nd. The Virginia governor election is held in the year after the US presidential election typically, and is generally seen as a bellwether for how popular the incumbent president of the United States is. In 2009, the Republican candidate won by a commanding 16 points despite the fact that Virginia has been trending more and more Democratic in recent years due to the population growth here in the suburbs, which tend to be more blue than rural areas of the state.

More Show less

Can Big Government still rein in Big Tech or has it already lost control? Never before have just a few companies exerted such an outsized influence on humanity. Today's digital space, where we live so much of our daily lives, has increasingly become an area that national governments are unable to control. It may be time to start thinking of these corporations as nation-states in their own rights. On GZERO World, Ian Bremmer speaks with Nicholas Thompson, CEO of the Atlantic and former WIRED editor-in-chief, about how to police the digital world.

16: Rich countries have secured 16 times more COVID vaccine supplies than developing nations that rely on the struggling COVAX facility, according to analysis by the Financial Times. COVAX is steadily losing bargaining power to buy vaccines at low prices due to the combined effects of booster shots being doled out in developed countries, as well as low-income countries deciding to buy jabs on their own.

More Show less

Listen: Can Big Government still rein in Big Tech or has it already lost control? Never before have just a few companies exerted such an outsized influence on humanity. Today's digital space, where we live so much of our daily lives, has increasingly become an area that national governments are unable to control. It may be time to start thinking of these corporations as nation-states in their own rights. Ian Bremmer speaks with Nicholas Thompson, CEO of the Atlantic and former WIRED editor-in-chief, about how to police the digital world.

Subscribe to the GZERO World Podcast on Apple Podcasts, Spotify, Stitcher, or your preferred podcast platform to receive new episodes as soon as they're published.

Subscribe to GZERO Media's newsletter, Signal

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal