New studies show that, while greater competition from China has contributed to an increase in patents in Europe, it has reduced the innovation rate in the US. These divergent outcomes are partly attributable to changes in the manufacturing sector. Read More Here
The United States and China are locked in a contest for influence over the rest of the world. The new great-power competition looks in this sense very much like the one that took place during the Cold War between the United States and the Soviet Union. But back then, the United States had a compelling […]
Beijing might have come to a difficult realisation: the West has made up its mind on Xinjiang and can no longer be dissuaded. While there is still some debate over whether the policies in the north-western Chinese region constitute genocide, major Western countries agree that it is a gross violation of human rights. Read Here […]
Saudi Arabia is laying the foundations for another Gulf crisis – this time provoking its ally, the United Arab Emirates. Just weeks after patching up a years-long dispute with Qatar, the kingdom has announced a new plan to require all foreign businesses to have a regional headquarters in Saudi Arabia, or risk getting locked out of contracts […]
As rising Chinese investment promises to boost Pakistan’s ailing economy in an hour of need, there are concurrent nationalistic concerns expressed by local businesses and groups that Chinese investors are cornering key local industries, state assets and businesses to the detriment of Pakistani players and interests. Read Here | Asia Times
It appears to be the perfect time for Tsai to press Modi on closer ties, but she must be cautious, for however much New Delhi might be watching Beijing’s actions with concern, India still stands to lose much by courting Taiwan. Read Here | Taipei Times
Israel’s landmark deal with the UAE to normalise ties could see businesses from the Jewish state operating on arch-rival Iran’s doorstep, but are unlikely to disturb Emirati economic ties to Iran. It could also pave the way for direct economic engagement between Israeli and UAE-based Iranian business people that would reap benefits from politics, experts […]
India has now come to a watershed. Its powerful government can either focus its efforts on reinvigorating the economy or it can proceed with a transformation of an imperfect liberal democracy into something very different. It is easy to understand the appeal of this dangerous project. But we must hope that Mr Modi will listen, […]
The COVID-19 outbreak has hit at a time of much greater economic vulnerability than in 2003, during the SARS outbreak, and China’s share of world output has more than doubled since then. With other major economies already struggling, the risk of outright global recession in the first half of 2020 seems like a distinct possibility. […]
The British government still needs to negotiate the terms of its future relations with the EU, a task so complex that many doubt it can be completed by the end of the year, when another ominous deadline looms. In the meantime, the country will be stuck in EU purgatory, bound by the bloc’s laws and […]
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