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The ongoing geo-political changes of 2015

Editor: Tong Xinxin 丨CCTV.com

12-31-2015 16:52 BJT

By Zhou Xinyu, G20 Research Institute of Beijing Foreign Studies University

2015 has witnessed rapid geo-political changes. Nevertheless, no subversive international events had occurred, while major powers remained at peace. The multi-polarization of international strength and the rising authority of countries in the Eastern Hemisphere have not changed either.  But, some big events did happen.

The "Islamic State" (IS) had triggered dramatic changes of international relations. When the IS had started to rise, few people paid attention. Even though the IS had adopted cruel means to capture territory, most people ignored the Syrian civil war.  Yet, the IS had sharply expanded in a short time, while American troops had retreated. 

In 2014, the US army launched strikes on the IS but failed to stop them. In 2015, Russia joined the war against terrorism.  Ever since the terrorist attack in Paris in November, European countries - France, Germany and United Kingdom - have deployed military forces in the Middle East.

With the exception of China, the four permanent member states of the United Nations Security Council have all gotten involved. Iran, Turkey and Saudi Arabia appear ready for war.  The IS has threatened global security, and the international community has a common enemy, the Islamists’ extremist terrorists.

The IS has disrupted Washington’s plan to withdraw from the Middle East in a short time and also its “Asia-Pacific pivot” strategy. As a result, the situation provides opportunities for China and the US to cooperate in coping with global security.  To some extent, the rise of IS has led to the dramatic development of Iran’s nuclear issue and the Syrian refugee crisis in Europe. To solve these issues, the United States, Russia and Europe need Beijing's support.

Additionally, the reform of the international economic system has made significant progress. Beijing had established the Asian Infrastructure Investment Bank (AIIB).  The BRICS Development Bank held its first board meeting in July. The Trans-Pacific Partnership (TPP) had reached an agreement.

The AIIB and TPP can be integrated into the current international economic system to accelerate reform. China’s currency, Renminbi, was welcomed to the International Monetary Fund’s (IMF) Special Drawing Rights (SDR) reserve currency basket.  The UN membership dues and peacekeeping budget were adjusted. Even climate change negotiations had made progress.

Global economic recovery is flagging. China's annual GDP (gross domestic product) growth rate has slowed down. Accordingly, integrating major economic entities have strengthened. Globalization appears to be speeding up with more open, high-standards and economic competition occurring.

 

( The opinions expressed here do not necessarily reflect the opinions of Panview or CCTV.com. )

 

 

Panview offers a new window of understanding the world as well as China through the views, opinions, and analysis of experts. We also welcome outside submissions, so feel free to send in your own editorials to "globalopinion@vip.cntv.cn" for consideration.

Panview offers an alternative angle on China and the rest of the world through the analyses and opinions of experts. We also welcome outside submissions, so feel free to send in your own editorials to "globalopinion@vip.cntv.cn" for consideration.

 

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