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Key Findings: China has created a regional bank among its Asian neighbors, in a move opposed by the Obama Administration; U.S. allies have sided with China despite Washington’s concerns that China might be using the bank to circumvent more established international banks, such as the World Bank and the International Monetary Fund, long dominated by the United States and Europe; China’s supporters in the effort contend that their participation in the new bank will ensure greater transparency while avoiding China’s tendency to loan money without protecting the environment, local populations, and clean governance.

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This report seeks to quantify changes in the bilateral relationship between China and North Korea by examining hundreds of discrete exchanges between Chinese and North Korean officials as reported by the Director of National Intelligence Open Source Center from January 2009 to December 2014. The authors categorized these exchanges by type and by seniority of the participants and evaluated trends in these categories over time. Finally, this report assesses trends in China-North Korea exchanges in the context of overall China-North Korea bilateral relations.

Research
This paper assesses China’s relative significance for individual ASEAN economies. It starts with an overview of China’s trade and investment relations with ASEAN as a whole. The paper then provides descriptive statistics on each ASEAN country’s composition of foreign trade by product and top trade partner, as well as foreign direct investment (FDI) flows. It also provides a brief analysis of commercial disputes and bilateral cooperation with China.

Research
Report prepared for the Commission by Kevin Pollpeter, Eric Anderson, Jordan Wilson, and Fan Yang of the University of California’s Institute on Global Conflict and Cooperation. The report examines China’s space programs and how they advance China’s national security, economic, and diplomatic interests. According to the report, China’s goal is to become a space power on par with the United States.

Research
China’s Incomplete Military Transformation: Assessing the Weaknesses of the People’s Liberation Army
This report examines many of the weaknesses in the PLA’s human capital and organization realms, its combat capabilities across various domains, and China’s defense research and industrial complex. Furthermore, the report analyzes how these weaknesses affect the PLA’s performance of missions tasked by Beijing.

Research
As the United States weighs options for responding to the widely publicized cyber attack on Sony Pictures Entertainment in November 2014, for which it has attributed responsibility to North Korea, the perspectives and potential reactions of China are of particular interest. This report analyzes four questions regarding China's position: whether it was involved in the attack, prospects for cooperation with the U.S. response, likely reactions to a U.S. counterstrike in cyberspace, and potential for future deterrence based on U.S. actions.

Research
This staff report provides an overview of areas of tension and cooperation in China-India relations. It also assesses the implications for the United States of the 2014 election of Prime Minister Narendra Modi in India, India’s evolving strategic calculations, and the growing Indian economy and role in global energy markets. Finally, it discusses areas of potential U.S.-India cooperation in the security and economic realms.

Research
China’s land reclamation activities at Fiery Cross Reef likely will result in its first airstrip in the disputed Spratly Islands, which would allow the People’s Liberation Army to alleviate some of its logistical and power projection deficiencies in the South China Sea. This paper analyzes the latest publically-available imagery of Fiery Cross Reef and assesses China’s possible uses for an airstrip.

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This report examines the context and implications of satellite imagery of an IL-78/MIDAS air refueling tanker at a Chinese military airbase.

Research
This report examines 35 years of cooperation between the United States and China in the areas of science and technology (S&T) since the signing of the 1979 U.S.-China Science and Technology Cooperation Agreement.