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looking beyond borders

foreign policy and global economy

Archive for the tag “Business”

Over 40 Years Of Diplomatic Drama, A Rising China Opens Up To, And Transforms, The World

Photo by Yang Shuo on Unsplash

Since Deng launched the opening-up policy in 1978, China has transformed itself from a backward, agrarian economy and politically isolated state into the world’s second-largest economy and an important player with global interests and influence. For instance, in the 30 years from 1949 to 1978, only 200,000 Chinese people travelled abroad. Last year alone, they made 130.5 million trips overseas, while foreigners made 139 million visits to China. The statistics speak volumes about how China needs the world, and vice versa.

Read Here – South China Morning Post

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President Xi’s Bridge Over Troubled Waters

President Xi Jinping paid homage to the past when he returned to where China’s economic miracle was born and nurtured. But his eyes were firmly focused on the present and the future. With immaculate timing, his trip to Guangdong this week conjured memories and images of Deng Xiaoping’s historic 1992 ‘Southern Tour’ after he had stepped down from office.

Read Here – Asia Times

Saudi Arabia Has ‘No Intention’ Of Repeating 1973 Oil Embargo

Saudi Arabia has rejected suggestions that it may restrict global oil supply in response to international pressure over the death of journalist Jamal Khashoggi at its consulate in Istanbul. Asked whether there could be a repetition of the 1973 oil embargo when Saudi Arabia and its allies cut off oil supplies to the United States, the kingdom’s energy minister Khalid Al Falih said: “There is no intention.”

Read Here – CNN

Also Read: How the Khashoggi case and its fallout is affecting global business

If The U.S. Doesn’t Control Corporate Power, China Will

As the consensus in D.C. shifts toward taking on an increasingly aggressive China, ideas about how corporations relate to the state will also have to change—or else undermine their new stated national framework.

Read Here – Foreign Policy

Trump To Slap Tariffs On $200B More Chinese Goods

President Donald Trump announced that the United States will impose a 10 percent duty on an additional $200 billion of Chinese imports as of next week, quickly escalating a trade war that has hit broad swaths of the global economy.

Read Here – Politico

Also ReadU.S. China Trade War: Analysis of Latest Developments

Nurturing Electables

Historically, Pak­istan’s private sector, projecting a neutral image, preferred to watch electoral politics from a safe distance. This is not the case anymore. In these changing times, as the country prepares for general elections next week, the business class, much like other segments of society, is engaged in the process.

Read Here – Dawn

Why Australia’s Cure For Chinese Influence Is Worse Than The Disease

Over the past year, Chinese Australians who form the largest overseas Chinese community in Oceania, have found themselves at the centre of unwanted attention and scrutiny from the Australian government, intelligence services and media. In what appeared a concerted campaign, some of the community’s prominent business leaders were accused of acting as possible agents of the Chinese government by seeking, at its behest, to influence Australia’s domestic politics through political donations.

Read Here – South China Morning Post

The 28 People Who Are Shaping, Shaking And Stirring Europe

It’s impossible to know what the coming year holds for the European Union. But one thing is certain: The bloc’s leaders will spend much of the next 12 months wrestling with its future. That’s why Christian Lindner tops our list of the 28 people who will shape Europe in 2018. The pugnacious liberal leader occupies a key place in Germany’s politics: at the head of a conservative, Euro-cautious segment of the electorate. By pulling the plug on coalition talks in November, Lindner cast his country into political turmoil and ensured his place at the centre of the ensuing debate.

Read Here – Politico Europe

Inside Pakistan’s Biggest Business Conglomerate: The Pakistani Military

In July 2016, the Pakistani senate was informed that the armed forces run over 50 commercial entities worth over $20 billion. Ranging from petrol pumps to huge industrial plants, banks, bakeries, schools and universities, hosiery factories, milk dairies, stud farms, and cement plants, the military has a finger in each pie and stands today as the biggest conglomerate of all business in Pakistan. However, the jewels in their crown are the eight housing societies in eight major towns where prime lands in well-manicured cantonments and plush civil localities in the possession of these societies are allotted to military personnel at highly subsidised rates.

Read Here – Defense One

Ivanka Trump Heads To India Amid Criticism And Disappearing Beggars

Ivanka Trump is set to arrive in Hyderabad, India, on Nov. 28 for what is possibly her most significant appearance on the global stage since her father, Donald Trump, moved into the White House. During the three-day trip, Trump, officially a senior advisor to the US president, will be part of the annual Global Entrepreneurship Summit (GES) event organised by the US government that sees participation from entrepreneurs and investors from across the world. This is the first time the GES is being held in south Asia, making India only the seventh country to host the event. India’s government think tank Niti Aayog has partnered the US government for this year’s edition.

Read Here – Quartz

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