Leaders from the Association of Southeast Asian Nations unveiled with fanfare another road map to a common community for the next decade even as the bloc missed targets for economic integration this year. Read Here – Bloomberg
It was the 80 seconds China and Taiwan had waited almost 70 years for. Chinese President Xi Jinping and his Taiwanese counterpart, Ma Ying-jeou, smiled in dark suits –Xi wearing a Communist red tie, Ma, a Nationalist blue one — as they shook hands for more than a minute before hundreds of reporters in Singapore. The […]
This weekend’s annual meetings of the International Monetary Fund and the World Bank, which brought together finance ministers and central bank governors from almost 200 countries, seem to have yielded no material changes in policy formulation at either the national or multilateral levels, and offered little to alter views on global economic prospects. Read Here – BloombergView
In the course of her political career, journalists and indeed her own party colleagues have variously described Angela Merkel as a tactician, a strategist and a pragmatist. But she’s mainly been seen as an equivocator, someone who plays her cards close to her chest. Read Here – Der Spiegel
China has many levers to pull economically, and stagnation and lower potential growth are relative. But the global hunt for economic growth by central banks will be a persistent source of volatility in financial markets. Without the ability to jump start their economies using traditional monetary policies, central banks will use unconventional policies more often […]
Donald Trump’s shortcomings on foreign policy extend way beyond his inability to name terror group leaders on a radio interview. The entirety of his utterances reveal a potential president who would reshape U.S. foreign policy into a mess of conflicting and often incoherent policies, and delegate the most important issues of national security to as-yet unnamed […]
It was a brilliant stroke in 1971, when Nixon and Kissinger took advantage of China’s fears of the USSR with the historic U.S. opening to China. That chess move created a strategic triangle with the United States in the catbird seat and turned ideology on its head, dividing the two communist regimes. Now amid a […]
Today, a new, but very different, “two Chinas” question is emerging. It centers on whether China is best understood as a strong country, with a promising future despite some short-term difficulties, or as a country facing serious structural problems and uncertain long-term prospects. In short, two very different Chinas can now be glimpsed. But which […]
The five BRICS countries are home to 42.6 percent of the global population, 21 percent of the world’s economy and nearly half of the world’s forex reserves, but have been marginalized in the global financial landscape. For example, in the World Bank, the five have a total of only 13 percent of voting rights, while […]
Asian leaders could be excused a degree of exasperation over the ongoing Greek mess. China’s slowdown and stock-market chaos are worry enough; the last thing the export-dependent region needs is a Europe in chaos. Worse, European leaders seem intent on misreading or ignoring lessons from Asia’s own brush with collapse. Read Here – Bloomberg
looking beyond borders 