As leaders from the Asia-Pacific Economic Cooperation (APEC)’s 21 member countries prepare to gather in San Francisco this week, the world is rightfully given a respite from the concept of the Indo-Pacific, which has recently dominated geopolitical discourse.
As APEC 2023 draws near, there’s a noticeable thaw in the international political climate, particularly in the improving relations between China and Australia.
An ancient Chinese proverb, "Harmony brings mutual benefits, while division leads to mutual harm,” aptly describes the current economic relationship between China and the United States.
The conventional evolutionary path starts with a trade network, progresses to a production network, and culminates in a science and innovation network.