In Trade Lies The Power To Influence

Trade numbers for 2012 show that China has become the world’s biggest trader, unseating the United States that has ruled the global trading charts for several decades. It is a momentous shift that is bound to have far-reaching impact on the way Beijing sees itself and the manner it influences geopolitics. As it becomes the […]

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The Case for a Less Activist Foreign Policy

Despite a decade of costly and indecisive warfare and mounting fiscal pressures, the long-standing consensus among American policymakers about U.S. grand strategy has remained remarkably intact. As the presidential campaign made clear, Republicans and Democrats may quibble over foreign policy at the margins, but they agree on the big picture: that the United States should […]

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India’s Growth Crossroads

As the slowdown in the world’s major industrial economies drags on, growth in developing Asia is being affected. A serious burden will likely be placed on the region’s major economies, particularly its two giants, India and China. Both countries’ external sectors have clearly been hit hard, while domestic consumption is stagnating. Fixed-asset investment in India […]

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Hiccups Ahead Of Tryst With History

Only a month is left for the scheduled dissolution of Pakistan’s National Assembly and, as per the law, elections have to be held within two months thereafter. In any other country, political parties would be in the throes of preparing for the electoral battle ahead. Not so in Pakistan. Here, everyone, politicians included, are plucking […]

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Singapore’s Population Bubble

Singaporeans are raring to do something extraordinary: protest. That might not seem like a big deal with the Arab Spring uprisings; Chinese journalists taking to the streets; and thousands of typically docile Japanese rallying against government policies. But tropical Singapore is the land of quiet brooding, where mass street demonstrations are as common as snowstorms. Read […]

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Cambodia’s $11 Billion Mystery

The remote district of Rovieng was once a battleground between Cambodian government troops and Pol Pot‘s genocidal Khmer Rouge. Unexploded bombs still lurk in its fields and forests. So does something more desirable – iron ore – and supposedly in such huge quantities two Chinese companies have an $11-billion plan to extract it. Their proposal – […]

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Beijing’s North Korea Problem

A few months ago, the eminent Chinese scholar Wang Jisi noted that China had achieved “first class power status” and “should be treated as such.” The current situation with North Korea suggests two responses: There is scarcely a more opportune moment for Beijing to step up to the plate; and be careful what you wish for. Read […]

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U.S. Shale Gas Revolution Hits Asia

Asia’s energy-hungry economies are turning to a new, politically stable and potentially cheaper source of gas: the United States. While the domestic debate continues over U.S. energy exports, major gas importers such as Japan, South Korea and China are scrambling to invest in the new energy superpower’s gas projects. Should major exporters of liquefied natural gas […]

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