A Chinese proverb tells us that it is wise to learn from your own mistakes but wiser to learn from the mistakes of others. Asian leaders should take this advice to heart as they juggle between policies for social welfare and economic dynamism. By keeping a keen eye on Europe’s fiscal crises, they can avoid […]
Despite 35 years of rhetoric about China being open to foreign business, and explicit promises China made on its accession to the World Trade Organization in 2001, foreign companies in practice have no right to operate in China. China’s policy makers — and no small number of its people — still maintain that it is […]
Worth an estimated $27 billion, the enigmatic Prince Alwaleed bin Talal has very public holdings: he is the second-largest voting shareholder in News Corp., he owns Paris’s George V hotel and part of New York City’s Plaza hotel, he is a stockholder in Apple, and he will soon own the world’s tallest building. But the […]
The news that several manufacturing giants are planning to bring some of their production back to the United States has dominated the headlines in recent months. Perhaps that’s because Americans see it as a bellwether of economic recovery, or perhaps it simply reflects their collective yearning for America’s past industrial dominance. Either way, the interest in these moves demonstrates the unique […]
IT IS an epic story of warring factions in a strange and changing landscape, a tale of incursions and sieges, of plots and betrayals, of battlefield brilliance and of cunning with coin. The sequence of doorstop fantasy novels that George R.R. Martin began with “A Game of Thrones”, and which HBO has now turned into […]
Chen Shin-chi smiles through his dentures and drops down to the dusty floor of a jail cell to do a push up. He looks up at the crowd watching him, smiles again, and flips on his back to perform sit-ups, his body stretching almost the entire length of the three-by-two-meter cell. In 1968, he lived […]
In a high-stakes game marrying geopolitics with big business and international espionage, is turnabout fair play? According to one very opinionated corner of the Chinese Internet, the answer is a resounding yes. Yesterday, the U.S. House Permanent Select Committee on Intelligence released a report casting a heavy shadow over Chinese telecom behemoths Huawei and ZTE. […]
“Brand Japan” has long benefited from the strength of Japanese companies in industries as diverse as automotives and music, or “J-pop.” The recent situation in China shows how that close association can also hurt businesses when nationalist sentiments go against them. As big businesses — fairly or unfairly — become the short-term targets of populist […]
Imagine, Apple’s market capitalisation is more than twice India’s foreign exchange reserves ($289 billion on August 10, 2012) and a large chunk of its GDP. Read Here – The Economist
looking beyond borders 