It is a shift as momentous as the U.S. eclipse of Britain’s Royal Navy or the American economy’s surpassing of the British economy in the late 19th century. According to preliminary figures reported this week, China has overtaken the United States as the world’s largest net oil importer. Nearly 6 million barrels per day flowed into the United […]
In its rush to fete Myanmar‘s president, Thein Sein, and capitalize on the country’s tentative opening, the international community has turned a blind eye toward the ongoing repression of minorities and the continued political dominance of the military. In doing so, it has given up much of its leverage over Sein at the very time […]
China’s in deep, deep trouble, and its new leaders know it. The growth of the nation’s GDP has continued to slow every quarter since late 2010—though it did tick up slightly in the state’s latest quarterly report, published in January. But that’s just one of many problems. In the simple words of D&B Country RiskLine […]
Russia is resuming the supply of advanced weapon platforms to China in a move that may have implications for India. At the end of last year, Russia concluded a framework agreement with China for the sale of four Amur-1650 diesel submarines. In January it signed another intergovernmental agreement for the supply of Russia’s latest Su-35 long-range […]
China could overtake the United States as the world’s largest oil importer earlier than expected, while US net oil imports continue to drop due to its booming domestic supply — a remarkable shift between the world’s two largest energy consumers. Read Here – China Daily
The ranks of China’s ultra-wealthy in its legislature swelled 20 percent this year, highlighting the vested interests that may oppose any measures by incoming President Xi Jinping to reduce the nation’s wealth gap. Read Here – Bloomberg
Oil and gas have long held the promise of untold riches for Southeast Asian countries. Yet, success in the region has been mixed: Brunei has flourished and Malaysia has seen steady progress, but Burma, Cambodia, the Philippines, Vietnam and East Timor have struggled to exploit their reserves. Read Here – The Diplomat
When Deng Xiaoping opened China’s doors to the world, he was quite clear in his message to his people: Do not challenge the American supremacy in any sphere. He needed Washington’s help for China’s journey to prosperity and recognition as a large power; to return the nation to what the Chinese considered to be their […]
Xi Jinping is already far better understood than his predecessor, Hu Jintao. By the time he ascended to the presidency on March 5, completing the trifecta of the three most important roles in China (he’s also the chairman of the Communist Party and chair of the Central Military Commission), foreign observers had long known where […]
The prime purpose of diplomacy is to explore a congruence of diverse interests. But diplomacy is stultified if there is no acceptance of the reality of an interest other than our own. That has even been the besetting sin of Indian foreign policy from Jawaharlal Nehru to this day. We share the American disdain for […]
