Chinese economic espionage is one of the most comprehensive and sophisticated campaigns of its type that any great power has embarked upon. An effective response must be closely tailored to avoid unintended side effects. Read Here – Foreign Policy
Before COVID-19 shut down entire sectors of the US economy, the US workforce was becoming increasingly polarised along educational, racial, and geographic lines. Now, those trends have been accelerating, underscoring the need for a smart, worker-focused policy response. Read Here – Project Syndicate
The pandemic has created a massive economic contraction that will be followed by a financial crisis in many parts of the globe, as nonperforming corporate loans accumulate alongside bankruptcies. Sovereign defaults in the developing world are also poised to spike. This crisis will follow a path similar to the one the last crisis took, except […]
The answer is different for the United States than for some other democracies. Europe has a real problem because they actually did try, because of their history, to push nationalism aside, to push national identity aside, and to subsume it in a European identity. This was represented by the idea that the unelected bureaucrats in […]
To date, there is little reason to think that global demand for dollars is drying up. But there is another way the United States could lose its status as issuer of the world’s dominant reserve currency: it could voluntarily abandon dollar hegemony because the domestic economic and political costs have grown too high. Read Here […]
As the United States awakens to its supply-chain vulnerabilities amid heightened pressure on companies to “reshore” from China, it is grappling with an uncomfortable truth: most will not end up relocating to the US. And, business experts say, the relatively few that do probably should not have left in the first place. Read Here – […]
The global clout of OPEC, never one of the world’s most admired institutions, reached a nadir in April when a dispute between Saudi Arabia and Russia triggered a price war just as global oil demand was collapsing due to the coronavirus pandemic. Three months later, the cartel has re-emerged as a model of transnational cooperation and […]
The “dollar-is-crashing” trade is the ultimate widow-maker. For decades, it’s confounded more punters than bets against Chinese stocks, Japanese debt and Hong Kong property combined. Yet might it soon pay off, finally, thanks to Donald Trump’s blunderbuss of a White House? The odds don’t favour it, at least for now. Read Here – Asia Times
Who needs Donald Trump’s America? You won’t find these words in Ant Group’s initial public offering prospectus, but they’re written between the lines in bold font as the fintech juggernaut Jack Ma built bypasses New York to list in Hong Kong and Shanghai. Read Here – Asia Times
After keeping its society and economy running throughout the coronavirus pandemic, squashing the outbreak, and donating millions of face masks to many countries, Taiwan has earned a lot of positive press internationally. But there is another vital area in which the world could also learn from Taiwan’s experience. Read Here – Foreign Policy
looking beyond borders 