The world of globalization has brought enormous veiled opportunities and challenges for the each of the developed, developing and under developed nation in the world. The economic sustenance is the only guarantee of the national prestige in the contemporary inter-state interactions and fundamentally a means of the nation’s survival.

The fight against corruption, officially launched six months ago by President Xi Jinping in all the Chinese government’s and Party’s apparata is a strategic and geopolitical fact of extraordinary importance.

In 1980, on the eve of the final decline of the Soviet-style centralized economies, North Korea - officially called the Democratic People’s Republic of Korea - defaulted on almost all its foreign debt, except for Japan’s.

Even in situations where diplomatic negotiations over the North Korean nuclear weapons program are handled in a largely bilateral level, there is still often an element of multilateralism, as exemplified by the late Ambassador Bosworth's briefing to Russian foreign minister Sergei Lavrov regarding DPRK-US bilateral talks in 2009. Now, once again, Russia has received a challenge and an opportunity not only for its diplomacy on the Korean Peninsula, but for its broader relations with other states in Northeast Asia and, in particular, the United States.

Klaouzevits, had warned us almost two centuries ago, war is a chameleon, it changes its form constantly, hiding his phase and transforming from one type to another.

China is one of the major global powers in the world, and its economy is the second largest next to the US. However, its reactions in thrusting the external actors away from the South China and East China Seas exposes the insecure nature of the Chinese.

Having series of conflicts, crisis and tensions in Taiwan Strait, it seems land bodies around the blue water are willing to forge a peace mechanism. This has come to a time when President Ma Ying-jeo is supposed to leave the office in couple of months. Whereas, Beijing has witnessed this move as another pragmatic, confident and conscious step from the office of President in subsequent order of events.

When China Rules the World: The End of the Western World and the Birth of a New Global Order by Martin Jacques (2009), “The Future of American Power. Dominance and Decline in Perspective” by Professor Joseph Nye (2010) in Foreign Affairs (Nov/Dec).

There is a close nexus between ruling and power. As Machiavelli well instructs us one cannot rule, and even less govern, without power.

China’s application of non-proliferation controls has been the subject of intense and ongoing criticism from the West, yet it has continued to be allowed growing non-proliferation commitments.

This paper has a general and also a sectoral angle to analyse EU-China relations. Apart from putting this relationship into a general historical and geopolitical context, it also elaborates on some key policy areas where European experience seems valid for China to design policies to counter some of its challenges.

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