
Andrew Capistrano is a geopolitical risk consultant based in Tokyo, and Director of Research at PTB Global Advisors in Washington, DC, where he specializes in industrial policy, international trade and capital flows, and US-China relations. He is also a visiting scholar at the Waseda Institute of Political Economy and a visiting lecturer at the School of Political Science and Economics, Waseda University. Previously, he worked at the US Embassy’s American Center Japan, and as a research associate at the Rebuild Japan Initiative Foundation/Asia-Pacific Initiative. Dr Capistrano holds a BA from the University of California, Berkeley; an MA in political science (international relations and political economy) from Waseda University; and a PhD in international history from the London School of Economics. His academic work focuses on the diplomatic history of East Asia from the mid-19th to the mid-20th centuries, applying game-theoretic concepts to show how China's economic treaties with the foreign powers created unique bargaining dynamics and cooperation problems. During his doctoral studies he was a research student affiliate at the Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD) in London.
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Economic Security
Geoeconomic Triangle: EU and US-China Economic Competition
What is the "geoeconomic triangle?" / From BRI to de-risking? / Who's coming out ahead?

Visiting Research Fellow
Paul Nadeau

Economic Security
Europe’s vulnerability in the EU-China-U.S. geoeconomic triangle
As one of the world’s three biggest economies — and its largest single market — the European Union has the size and capacity to ac

Visiting Research Fellow
Andrew Capistrano

Politics and Economics
IOG Economic Intelligence Report (Vol. 3 No. 10)
New Tariffs on China to Come / Blinken Visits China / China Strengthens its Ability to Retaliate / UN Launches Panel on Critical M

Visiting Research Fellow
Paul Nadeau
Ranking
Between the WTO and Decoupling: US-China Managed Interdependence2026.05.22
Japan-India Cooperation Takes Off2026.05.12
Geoeconomic Connectivity Index - user guide2026.04.23
Trump Is Rebuilding His Tariff Wall – Will the Courts Knock Down this One As Well?2026.04.23
A Looming Crisis in U.S. Science and Technology: The Case of NASA’s Science Budget2025.10.08
Other Research
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#Space#Trump Administration in 2025#Survey of 100 Japanese Companies#AI#Bio#US-China Competition#Universe#Strategic Documents#Election Year 2024#U.S. Presidential Election#G7#Conflict
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