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1、AsiaPolicyBriefApril2016JabinT.JacobWhatEconomicSlowdown?AsiaLooksatChinaFromthepointofviewofChina’sneighborsinAsia,itisinconceivablethatevenaChinaseverelyweakenedbyeconomicslowdown,howsoeveronemightde?ne“weakened”or“slowdown,”willceasetobeasigni?cantpoliticalandmilitaryactorinther

2、egion.IftheslowdowninChinastartedabout2011,thentheDengXiaoping’sadviceinforeigna?airsabout“bid-assumptionofleadershipbyXiJinpingandhiscohortingtime,”“hidingcapabilities”and“neverclaim-atthe18thPartyCongressoftheCommunistPartyofingleadership.”TheformerdimensionisevidentinChina(CPC)i

3、n2012setinmotionseveralsigni?canttheongoinganti-corruptioncampaign,thecallatchangesindirection,bothdomesticallyandexternal-theCPCCentralCommittee’sThirdPlenumin2013ly,intermsofthecountry’spolitical,economicandtoletthemarketsplaya“decisiverole,”andthesecuritypolicies.announcementoft

4、herestructuringofthePeople’sLiberationArmy(PLA).ThelatteraspectisseeninForone,thereseemedtobegreaterdriveondisplaythegreaterassertivenessonterritorialdisputesintoachievedomesticreformsfollowingtheapparent-theEastandSouthChinaSeas;Beijing’swillingnessly“wasteddecade,”asmanyChineseno

5、wseeit,ofbothtotakeanactiveroleinexistingmultilateralor-theHuJintao-WenJiabaotenure.Foranother,theganizationsandcreatenewones,suchastheBRICSChineseleadershiphasalsobeenwillingtogiveupNewDevelopmentBankandtheAsianInfrastructureInvestmentBank;andinsuchnewinitiativesasthe‘OneBelt,OneR

6、oad’(OBOR)project.JabinT.JacobisAssistantDirectorandFellowatChina’sAsianneighborsareatthereceivingendoftheInstituteofChineseStudies(ICS)inDelhi,India.thissecondsetofdevelopments.Whetherthesehavecomeinspiteoftheslowdownorbecauseofit–OBOR,AsiaPolicyBrief

7、April2016forexample,isdesigne

8、dtoshiftorbetteremployInfact,abigplankoftheIndianprimeminister’sout-China’sindustrialandinfrastructureovercapaci-reachtoChinasincecomingtoo?ceinmid-2014hastyabroad–islargelyimmaterialtothem,fortheybeenaboutincreasingChineseinvestmentsinIndiaseebothitspositiveandnegativesides.Asdi?c

9、ultincriticalsectors,sucha