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Deeper, Strategic Collaboration in the Securities Sector »
India and Australia
Authored by: Sonia Khosa
Publication date: 2025
In an era of globalised finance and increasing cross-border activity, regulatory cooperation has become essential for market integrity and development. This book examines the potential for strategic collaboration between India and Australia in the securities sector—two nations with distinct but complementary economic and legal frameworks. Through a comparative analysis of the Securities and Exchange Board of India (SEBI) and the Australian Securities and Investments Commission (ASIC), it evaluates alignment with International Organization of Securities Commissions (IOSCO) principles, focusing on supervisory powers, enforcement mechanisms and compliance effectiveness. The analysis identifies shared regulatory goals and governance principles, highlighting opportunities for bilateral cooperation.
Offering a roadmap for capital market integration and regulatory innovation, the book makes a timely contribution to international financial scholarship. It delivers practical insights for policymakers, legal scholars and regulators interested in forging resilient cross-border partnerships—both within the Indo-Pacific and beyond.
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Globalising Chinese Actors and Internalising the Belt and Road »
Implications for Global and Domestic Governance
Edited by: Miwa Hirono
Publication date: June 2025
The literature on the Belt and Road Initiative (BRI) points out either its negative or positive impacts on global and domestic governance. However, such a dichotomy is too simplistic, not least because it tells us little about the complexity of change in the nature of the BRI as it is implemented. This book argues that the BRI manifests an intricate dynamic comprising two contradictory tendencies: Xi Jinping’s top-down and centralised approach to policymaking, with its focus on producing robust Chinese actors who can succeed in a competitive global economy; and a fragmented and decentralised reality made up of an expanding range of actors engaged in realising myriad BRI projects on the ground. The co-existence of these two contradictory tendencies implies that the BRI has a multidimensional impact on global and domestic governance in general, and on the role of Japan in countries where BRI projects take place. Japan matters because of its ‘in-between’ position between non-Western donors and the Development Assistance Committee of the Organisation for Economic Co-operation and Development, a position that offers a unique dimension to a frequently dichotomous discussion of the BRI. Globally, China’s promotion of the BRI has strengthened an aspect of global governance, the ‘open economy’, while at the same time fostering the Chinese nuance of a ‘planned economy’. Domestically, a Chinese-style approach to state management and investment without political conditions may set back democratisation efforts in emerging countries, but the BRI has also given rise to a renewed sense of democracy in those countries. These multidimensional impacts enable China and Japan to find an on-the-ground complementarity in their approaches to development aid in relation to future cooperation.
East Asia Forum Quarterly: Volume 17, Number 2, 2025 »
Publication date: May 2025
Asia is home to some of the world’s most diverse political systems—from liberal democracies to authoritarian regimes and hybrid states. As global democracy faces renewed pressure, this edition of East Asia Forum Quarterly explores how political systems across Asia are evolving amid rising autocratisation. It examines why economic development alone cannot explain democratic outcomes in the region and how authoritarian success stories are reshaping debates about governance. With ideological contestation intensifying, Asia is not just adapting to global political trends—it is helping to define them.
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Made in China Journal: Volume 9, Issue 2, 2024 »
Edited by: Ivan Franceschini, Nicholas Loubere
Publication date: May 2025
Chinese journalism is dead—long live Chinese journalism! The dramatic transformations in China’s media landscape over the past decade have led many to declare the death of quality journalism in the country. The Party-State’s tightening grip on information, the dismantling of once vibrant investigative outlets, and the growing precarity of media professionals seem to confirm this narrative. And yet, as traditional spaces for critical reporting shrink, new modes of journalistic practice continue to emerge, often in dispersed and unexpected forms. From citizen-led investigations and social media exposés to transnational collaborations, Chinese journalism has not disappeared—it has adapted. This issue of the Made in China Journal explores the shifting terrain of journalistic production in and about China, tracing the resilience, reinvention, and risks that define the profession today.
East Asia Forum Quarterly: Volume 17, Number 1, 2025 »
Publication date: March 2025
The global landscape has shifted dramatically since Donald Trump’s return to the presidency in January 2025. His decision to exit the Paris Agreement and impose heavy tariffs has escalated uncertainty surrounding both climate action and the global economic order. This edition of East Asia Forum Quarterly explores how ASEAN and its regional partners can step in to safeguard multilateral trade and climate cooperation, advocating for green trade policies and sustainable investment. The region has the potential to reshape the global response to climate change and maintain economic stability through strategic collaboration.
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China: Regaining Growth Momentum after the Pandemic »
Edited by: Ligang Song, Yixiao Zhou
Publication date: December 2024
The slower growth of the Chinese economy in the aftermath of the pandemic has prompted the Chinese Government to adopt measures to boost domestic consumption and deepen structural reform, with the effectiveness of such policies beginning to be felt. However, China still faces challenges that will affect its growth dynamics down the track. These include the slowdown of its real estate sector, the complex internal and external environments for macroeconomic policy, the high level of income inequality, weak growth in investment by the private sector, negative population growth, high levels of debt, deglobalisation, weakness in the financial sector and equity markets, the inadequacy of its fiscal system and the imperative to decarbonise the economy. China must confront these challenges to maintain growth momentum and achieve higher levels of income and living standards.
The theme of the 2024 China Update book is China: Regaining Growth Momentum after the Pandemic. It discusses some of the challenges and policy issues that are being watched with keen interest by decision-makers and markets alike, including: What are the obstacles to economic growth in the aftermath of the pandemic and how can these be overcome? What are the key challenges and opportunities for China to move to the next level of development against the backdrop of negative population growth? Is it time for a Tax-Sharing System Reform 2.0 to consolidate China’s fiscal position? What are the challenges facing China’s small and medium enterprises? How is China’s business environment faring, and what are the implications for investment? How does China’s urban housing affordability impact its low fertility rate? How will the trade conflict between China and the United States play out regarding semiconductors and other high-tech products? How does China–Africa bilateral agricultural trade impact on African rural transformation?
East Asia Forum Quarterly: Volume 16, Number 4, 2024 »
Publication date: December 2024
The global economy’s trajectory toward instability has been evident since Trump 1.0. A second Trump presidency will likely amplify protectionism, strategic competition and global disorder. This edition of East Asia Forum Quarterly examines how Asia can respond, emphasising the region’s role in defending multilateralism, addressing climate change and ensuring global stability.
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East Asia Forum Quarterly: Volume 16, Number 3, 2024 »
Publication date: September 2024
ASEAN's rise as the cornerstone of regional diplomacy and security in the 1990s may have seemed improbable, but it was crucial. Today, a shifting regional geopolitical landscape challenges ASEAN’s relevance. Great power competition and waning global political commitment to multilateral arrangements threaten its role as East Asia’s 'steering committee'. This edition of East Asia Forum Quarterly explores how ASEAN can maintain its centrality, calling for proactive leadership and stronger regional cooperation.
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From Borders to Pathways »
Innovations and Regressions in the Movement of People into Europe
Edited by: Matthew Zagor
Publication date: September 2024
From Borders to Pathways: Innovations and Regressions in the Movement of People into Europe examines the evolution of European migration policy, offering a forward-looking analysis that extends beyond traditional border controls to innovative legal migration pathways. Contributors provide an in-depth exploration of the drivers shaping migration policies, including public opinion and the rise of populist discourses, the contrasting responses to various real and imagined migrant crises, and critiques of recent policy innovations such as refugee finance schemes, ‘safe legal pathways’, and migrant lotteries. Through interdisciplinary perspectives, the authors assess socio-political, legal, geo-political and cultural shifts to advocate for a more inclusive, humane and sustainable approach to migration. By challenging dominant narratives of deterrence, extraterritoriality and exclusion, this book advocates for policies that balance Europe’s myriad commitments, values and imperatives, highlighting the need for ethical frameworks that respect the dignity of migrants. Essential reading for policymakers, scholars and stakeholders, From Borders to Pathways offers a comprehensive reflection on the complexities of migration in Europe, signalling a paradigm shift towards cooperation, inclusivity, and shared responsibility in global mobility.
Made in China Journal: Volume 9, Issue 1, 2024 »
Publication date: August 2024
A new Chinese government textbook for university students, An Introduction to the Community of the Zhonghua Race (中华民族共同体概论), promotes President Xi Jinping's vision for governing the country’s diverse population. This approach shifts away from celebrating cultural differences—what the anthropologist Susan McCarthy once termed ‘communist multiculturalism’—and towards a Han-dominant identity, a form of racial nationalism inspired by sociologist Fei Xiaotong’s concept of ‘multiple origins, single body’ (多元一体). While the constitution of the People’s Republic of China as amended in 2018 guarantees minority rights and political autonomy through the framework of ‘minority nationalities’ (少数民族), the textbook suggests that Tibetan, Uyghur, Mongols, and other Indigenous groups should eventually assimilate into Han culture, raising concerns about the future of minority languages and traditions. Xi Jinping's new approach to national unity faced significant resistance from both minority and Han officials. Yet, this resistance only prompted an even more muscular response: revamping government departments, a harsh crackdown in minority-populated areas, and removing minority officials who oversaw ethnic affairs. In this issue of the Made in China journal, we ask contributors to reflect on the state of ethnic minority culture in the wake of Xi’s new ethno-nationalist order and explore what remains of cultural differences at the end of dreams of communist pluralism and ethnic autonomy.