India Should Join China’s One Belt One Road

As China continues to travel toward its goal of becoming the second superpower, it sees India as a challenger that should not be ignored for at least two reasons. First, India has managed to develop close strategic ties with the United States through the purchase of military weapons, the planning of joint military exercises, and […]

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Has Asia Learned From The 1997 Crisis?

Reform is always easier when a crisis leaves policy makers no other options. But without further change, Asia will continue to rely too much on debt instead of productivity gains for growth. In poorer nations, improvements in household welfare will lag. As in the years before 1997, economic irregularities could build up to the point […]

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Fitting Into Beijing’s New World Order

The VIP list at Beijing’s glittering launch party for its massive Silk Road trade plan was worth scrutinising not for the luminaries who were on it, but those who weren’t. Singapore Prime Minister Lee Hsien Loong, who irritates Beijing by standing up to its bullying in the South China Sea, was notably missing; he didn’t […]

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Will Trump Destroy The Dollar?

Under President Trump, it is possible, for the first time in a generation, to imagine a concerted attack on the central bank. Conceivably, the United States could repeat the story of the mid-1960s and ’70s, when a 15-year period of central-bank independence was brought to an end by presidential bullying. Back then, Lyndon B. Johnson […]

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China’s Evolving Economic Statecraft

Chinese enterprises are going global, venturing overseas to acquire foreign companies, know-how, and technologies. While most of these activities reflect simple business decisions, others carefully and deliberately advance China’s strategic interests, perhaps against the interests of its trading partners. Read Here – The Diplomat

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