President Barack Obama called for raising the federal minimum wage to $9 an hour and warned he’ll use executive powers to get his way on issues from climate change to manufacturing if Congress doesn’t act, laying out an assertive second-term agenda sure to provoke Republicans. In the first State of the Union address (See Here) since winning re- […]
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 […]
In November 2012, the Chinese Communist Party (CCP) held its 18th National Congress, setting in motion a once-in-a-decade transfer of power to a new generation of leaders. As expected, Xi Jinping took over as general secretary and will become the president of the People’s Republic this March. The turnover was a smooth and well-orchestrated demonstration […]
China and India announced they will resume joint military exercises at the conclusion of the Annual Defense Dialogue on January 14. It suggested a sign of growing engagement. The People’s Daily applauded India’s decision to go ahead with the exercises in the face of pressure from the US and Japan. “The future generations are assured […]
Speculating about China’s possible political futures is an intellectual activity that intrigues some and puzzles many. The conventional wisdom is that the entrenched Chinese Communist Party (CCP), so determined to defend and perpetuate its political monopoly, has the means to survive for an extended period (though not forever). A minority view, however, holds that the CCP’s days […]
THE border between Yunnan province and northern Myanmar (formerly Burma) has always been porous. To the people who live in the region, the border is a crooked mark on other people’s maps, an arbitrary boundary snaking its way 2,400 kilometres through rugged and wild terrain. The authorities in Beijing have seen the same land as […]
When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it. Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in the […]
Foreign policy will not be a top priority of China’s new leader Xi Jinping. Xi is under pressure from many sectors of society to tackle China’s formidable domestic problems. To stay in power Xi must ensure continued economic growth and social stability. Due to the new leadership’s preoccupation with domestic issues, Chinese foreign policy can be expected to […]
IN THE months since China implemented its once-a-decade leadership transition, American policymakers have been watching closely to see whether changes in personnel might augur any change in Chinese policy toward the United States. As the year of the dragon draws to a close and Barack Obama busies himself trying to replace many of his most […]
China surpassed the U.S. to become the world’s biggest trading nation last year as measured by the sum of exports and imports of goods, a milestone in the Asian nation’s challenge to the U.S. dominance in global commerce that emerged after the end of World War II. U.S. exports and imports of goods last year […]
