As the report at the 18th Party Congress has stated, China will hold high the banner of socialism with Chinese characteristics. It will free up the mind and implement reform policies. It will open up, pool strengths, overcome difficulties, and strive to complete the building of a moderately prosperous society. By 2020, when the CPC […]
t every South Asian Association for Regional Cooperation (SAARC) conference member states advocate strengthening regional integration through the creation of some kind of common economic union, expanding people-to-people contacts, and reclaiming South Asia’s shared heritage. No doubt engagement between these eight nations has increased over the years. Trade between the bloc and people to people contacts have […]
The passing year was the People’s Republic of China’s (PRC) first opportunity to get up close and personal with the United States’ pivot back to Asia, the strategic rebalancing that looks a lot like containment. The PRC spent a lot of 2012 wrestling with contentious neighbors emboldened by the US policy, like Vietnam and the […]
“A modest man,” Winston Churchill supposedly quipped about Clement Attlee, his successor as prime minister, “but then he has so much to be modest about.” We should say the same about economists, particularly their ability to forecast anything in a useful and timely manner. Those predicting an imminent American economic decline have usually been no exception. This […]
East Asia has witnessed the recent ascent of conservative leadership amid territorial tensions – signaling not a futuristic vision for international harmony but a return to past rivalries. China‘s new leader Xi Jinping has already vowed to strengthen its military, creating what U.S. Admiral Michael McDevitt identifies as a “security dilemma” in Asia. While China understandably wants […]
The Gulf Cooperation Council said it will form a unified military command structure at a time when Iran poses a “very serious” security threat to the Middle East. The six-member group will coordinate air, land, and marine forces under one structure, Bahrain’s Foreign Minister Sheikh Khalid Bin Ahmed Al-Khalifa said today in a press conference after […]
Central banks in Indonesia and India, with the worst-performing currencies among Asian emerging markets this year, will face more challenges in 2013 as they balance inflation risks with the need to boost growth. The Reserve Bank of India must deal with “conflicting cues” from elevated prices and an economic slowdown, complicating policy decisions even after […]
The just-concluded 13th Indo-Russian summit between visiting Russian President Vladimir Putin and Prime Minister Manmohan Singh was much bigger and important than envisaged so far. Two reasons why: (i) The two sides went ahead in signing defence deals worth $5 billion, defying the impression that Russia, which still takes care of almost 70 percent of Indian defence […]
Earlier this month the National Intelligence Council released its Global Trends 2030: Alternative Worlds report — a document that comes out once per presidential administration — mapping out likely geopolitical trends over the next two decades or so. As usual, it’s a must-read, offering comprehensive analysis of the disparate factors that will drive global politics through 2030. […]
As one of the most strategically important regions of the world, the Middle East is often in flux. The year 2012, however, has been an especially dramatic year. Looking back, in my last column of the year, it is clear that there are flashes – of news, of violence, of surprise – that catch our attention. […]
