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looking beyond borders

foreign policy and global economy

Archive for the tag “China”

Xi Says China, India Should Focus On Cooperation

India’s Prime Minister Narendra Modi in a group photograph of the SCO Member States’ at the Shanghai Cooperation Organisation (SCO) Summit, in Astana, Kazakhstan on June 09, 2017.

Chinese President Xi Jinping met with Indian Prime Minister Narendra Modi, calling for closer cooperation between the two countries. Faced with profound and complex changes of the international situation, China and India, as the world’s two largest developing countries, should pay more attention to cooperation and go ahead with each other as partners, so as to instil more momentum into each other’s development and contribute to world peace, stability and common development, said the Chinese president.

Read Here – Xinhua

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The World’s $100 Trillion Question: Why Is Inflation So Low?

Central bankers and investors are grappling with a $100 trillion question: why consumer price inflation remains so low in most parts of the world even as economic growth quickens. Compounding the riddle, question marks are now emerging over the one part of the global inflation picture that had been moving higher — producer prices.

Read Here – Bloomberg

Trump Announces U.S. Withdrawal From Paris Climate Deal

President Donald Trump announced that he will pull out of the Paris climate agreement, delivering the news in a Rose Garden speech loaded with the “America First” rhetoric of his presidential campaign.

Read Here – Politico

Also read:

Did Donald Trump Just Make the Planet Hotter

4 Reasons President Trump Was Right to Pull Out of the Paris Agreement

Asian Sub Spending Spree Raises Risks Of Mistakes, Escalation

For more than a decade, Asian countries have been on a submarine spending spree. Some countries are updating obsolete vessels while others are purchasing submarines for the first time. This trend has largely been driven by growing concerns nations have over maintaining a deterrent against an increasingly assertive China broadly, but also rivalries with neighbours and a desire to maintain technological parity with rivals.

Read Here – The Cipher Brief

Also read:  Why Subs? To Send Neighbors a Powerful Message – “Stay Outta My Yard”

If Trump Wants China’s Help, He Needs To Build Trust. Here’s How.

North Korea might be reined in, the thinking goes, if China could be persuaded to lean harder on its largest trading partner, and so the Trump administration is contemplating a variety of inducements that run from secondary sanctions on some Chinese banks and companies to a better trade deal for Beijing.

Read Here – Defense One

The Return Of The Pirates

The surge in pirate activity in Somalia’s waters has been perplexing, not least since it contradicts popular expert opinion, which posits that sea-piracy is in a state of terminal decline in the Gulf of Aden. With NATO, the European Union, India, China and Japan still maintaining an active security presence in the region, regularly deploying warships to escort merchant traffic, maritime observers feel pirates have neither motivation nor incentive to carry out fresh attacks.

Read Here – Observer Research Foundation

International Trade: Where Human Insight Is Still In Demand

It’s an issue when emerging markets are expected to contribute about 60 per cent to global GDP growth up to 2021, according to an International Monetary Fund forecast. China alone currently contributes to more than 30 per cent of global growth, trumping the US. Not surprisingly opportunities for human-driven insights are increasing in these markets.

Read Here – Raconteur

Will China And India Lead The Next Wave Of Globalisation?

Why US Firms Are Giving The Cold Shoulder To China’s ‘Belt and Road’ Globalisation Strategy

In the US, China’s pan-Eurasian infrastructure initiative is more or less invisible outside of news reports from domestic media that mostly frame it as Beijing’s grand plan for geopolitical domination

Read Here – South China Morning Post

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 summoned the Fed chairman, William McChesney Martin Jr., to his Texas ranch and shoved him around the living room while proclaiming that low interest rates were imperative in a time of war.

Read Here – The Atlantic

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