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 […]
As China and Japan fight over uninhabited islands in the East China Sea, Yeap Swee Chuan is benefiting. Yeap is president and chief executive officer of Aapico Hitech, a Thai auto parts maker that supplies Toyota and Honda as well as small and midsize Japanese companies. The company’s stock price has more than doubled in the […]
The sequel seldom improves on the original. Yet Shinzo Abe, Japan’s newly re-elected prime minister, has already displayed more conviction during his second spell at the Kantei than in the entire year of his first, unhappy premiership. Political energy is a plus only when it’s wisely deployed however, and some fear that Abe is picking a […]
An unintended consequence of the current economic and political crises in Europe has been the completion of the continent’s decolonisation, commenced in the middle of the 20th century. As the gross domestic products of developing countries continue to grow, while many crisis-stricken EU economies are contracting, some of the formerly colonised nations, alongside China, are […]
The second anniversary of the “Arab Spring” in Egypt was marked by riots in Tahrir Square that made many observers fear that their optimistic projections in 2011 had been dashed. Part of the problem is that expectations had been distorted by a metaphor that described events in short-run terms. If, instead of “Arab Spring,” we […]
NOT long ago North Korea-watchers were speculating that the new leader, Kim Jong Un, might prove a moderniser. The path-breaking boy-dictator let himself be seen with his fashionable wife. He actually spoke in public, whereas his late father’s speeches were as rare as a well-stocked Pyongyang supermarket. Lately, though, Mr Kim has reverted to type […]
The movie industry is increasingly shifting toward Asia, especially China, striking fear in the hearts of Hollywood studio executives. The two cultures are about to clash at the Berlin International Film Festival, which opens with the Chinese epic film “The Grandmaster” by Wong Kar-wai. Read Here – Der Speigel
looking beyond borders 