The abrupt suspension of Ant Group’s IPO may reflect Chinese authorities’ displeasure over a recent speech by the fintech conglomerate’s controlling shareholder, Jack Ma, who was critical of financial regulations that he believes show insufficient understanding and support for fintech innovation. Is Ma right? Read Here | Project Syndicate Also Read | Ant Group IPO […]
China’s blueprint for its future development comes at a historic turning point in which the country is set to play a bigger role in the global economy, according to experts. Their comments come after proposals for the country’s 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year […]
Until she was detained by the Royal Canadian Mounted Police while transiting Vancouver International Airport, the world had not heard of Meng Wanzhou. Now everybody knows that Meng, 48, is the chief financial officer of Huawei and the daughter of Ren Zhengfei, chief executive officer and founder of China’s leading technology giant. Read Here | […]
Much as peace in Palestine has become less important to the Arab Gulf states’ foreign relations, so too does the Middle East’s silence on Xinjiang suggest that today’s regional governments are willing to compromise on peripheral interests if it means ensuring core ones. Read Here | The National Interest
The Covid-19 pandemic has not stopped Chinese billionaires from getting even richer. A stock market boom and a flurry of new listings has further boosted their fortunes, according to the latest Hurun China Rich List. The super-rich – with wealth of at least 2 billion yuan (US$300 million) to make the list – added US$1.5 trillion to […]
The U.S. military is already strapped for resources trying to police the Indo-Pacific, and this is peacetime. If the United States lost a sizable fraction of the U.S. Pacific Fleet and affiliated joint forces in a contest in the Taiwan Strait—even a triumphant one—its capacity to retain its superpower standing and preside over the liberal […]
China has now displaced the U.S. to become the largest economy in the world. Measured by the more refined yardstick that both the IMF and CIA now judge to be the single best metric for comparing national economies, the IMF Report shows that China’s economy is one-sixth larger than America’s ($24.2 trillion versus the U.S.’s […]
The consequences of the presidency of Donald Trump will be debated for decades to come—but for the Chinese leadership, its meaning is already clear. China’s rulers believe that the past four years have shown that the United States is rapidly declining and that this deterioration has caused Washington to frantically try to suppress China’s rise. […]
When the last of the big four state-owned Chinese banks listed a decade ago, one could be forgiven for thinking that the age of mega Chinese financial listings was over. After all, with financial services being such a strategic sector for the Chinese Communist Party, who would have thought that the state’s stranglehold over banking and […]
Smack in the middle of its National Day holidays, China unwrapped its own “October surprise.” It was not the news of U.S. President Donald Trump and his wife Melania testing positive for the novel coronavirus. Instead, it was a one-line statement that appeared on the screens of hundreds of millions of Chinese smartphones on Oct. 2. Read […]
looking beyond borders 