When he arrives in Myanmar, President Barack Obama will mark a historic occasion. Not only will it be the first time a sitting American president has visited the country, the trip also represents the final step in Myanmar’s remarkable rehabilitation from international pariah status. Both Bill Clinton and George W. Bush made a point of […]
Barack Obama’s trip to Myanmar is a gift from the photo-opportunity gods. The sight of the U.S. president standing beside political-prisoner-turned-Nobel- laureate Aung San Suu Kyi in Yangon will be a heart-warming moment for a world yearning for good news .The most remarkable thing about Obama’s first trip abroad since his re-election is his itinerary. […]
In the course of a U.S. presidential campaign, the American public is bombarded with surveys asking voters to rank the relative importance of various issues, and whether they think the country is overall on the right track. Not so in China, where another leadership transition has just concluded, with the 18th Party Congress choosing Xi […]
In April 2010, when the global economy was beginning to recover from the shock of the 2008-2009 financial crisis, the International Monetary Fund’s World Economic Outlook predicted that global GDP growth would exceed 4% in 2010, with a steady annual growth rate of 4.5% maintained through 2015. But the forecast proved to be far too optimistic. In […]
There is no fiscal cliff in China, and probably no sex scandal at a spy agency waiting to burst, yet China’s new leader, Xi Jinping, is under just as much pressure as U.S. President Barack Obama to hit the ground running. Xi is assuming control of the Communist Party at a time when there is […]
As workers across the European Union went on protest strike today, it was hard to disagree with the trade union leader who told the BBC that austerity economics isn’t working. “It’s increasing inequalities. It’s increasing the social instability in society. And it’s not resolving the economic crisis,” she said. All of that is true and serious. […]
China‘s president-in-waiting Xi Jinping won a strong mandate to lead the world’s second-biggest economy and deal with problems ranging from corruption to economic uncertainty. Xi was appointed head of both the ruling Communist Party and its top military body as the ruling Communist Party unveiled a new leadership line-up consisting of conservatives and respected financial reformers. In […]
Barack Obama, re-elected president of the United States, will start his new term in January. Xi Jinping, who will lead China for the next decade, will start his stint soon after. The two will have to become friends if they are to ensure that the global economy’s baby steps towards recovery are not crushed midway. […]
Mao Zedong believed that revolutionary fervor could overcome technological backwardness. But when more pragmatic leaders took power in Beijing, they found that China lagged so far behind the West that the country risked permanent second-class status. Mao’s successor, Deng Xiaoping, launched China’s rise by reforming the economy and opening the country to the West. With […]
China‘s ruling Communist Party unveiled its new leadership line-up on Thursday to steer the world’s second-largest economy for the next five years, with Vice President Xi Jinping taking over from outgoing President Hu Jintao as party chief. Xi was also named head of the party’s Central Military Commission, state news agency Xinhua said. The other new members […]
looking beyond borders 