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looking beyond borders

foreign policy and global economy

Archive for the tag “Economy”

An Economic Fallout Is Coming From All The Asian Military Standoffs

The stakes are high for the U.S. as tensions in Asia ramp up. The country has $1.3 trillion of two-way trade with the region, based on annualised data in the first six months of this year. That’s 52.5 percent of America’s total foreign trade. But that is only part of U.S. linkage with Asian economies. Fixed-asset investments generating those trade flows have also to be taken into account as they directly affect employment and income levels in about one-third of American aggregate demand.

Read Here – CNBC

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The Guardian Of The Liberal World Order

The global financial crisis, which began ten years ago this month, showed that the Western-led rules-based international order’s long-term survival is not inevitable. It is often assumed that if and when the United States loses its place as the global hegemon in that system, China will be the country to lead the world. But what would a Chinese-led order look like?

Read Here – Project-Syndicate

Ex-Leaders’ Influence ‘wanes’ At Secretive Chinese Communist Party Summer Getaway

The influence of Chinese Communist Party elders appeared to be on the wane at the key annual summer conclave this year, sources said, underscoring President Xi Jinping’s dominance as he makes final preparations for his second term in office.

Read Here – South China Morning Post

Also Read: China rolls out TV series eulogising Xi Jinping ahead of key congress

The Biggest Worry For Chinese Firms In India Isn’t The Border Dispute, It’s Finding Staff

The two-month border standoff between China and India is not a huge concern for the Chinese business community in India because few are expecting a full-fledged war between the two Asian giants. The biggest worry for them is the chronic shortage of Chinese staff in India.

Read Here – South China Morning Post

The Partition: The British Game Of ‘Divide And Rule’

The British – terrorised by German bombing, demoralised by various defeats and large numbers of their soldiers taken prisoner, shaken by the desertion of Indian soldiers and the mutiny of Indian sailors, shivering in the record cold of the winter of 1945-46, crippled by power cuts and factory closures resulting from a post-war coal shortage – were exhausted and in no mood to focus on a distant Empire when their own needs at home were so pressing.

Read Here – Al Jazeera

The Tragedy of India’s Partition, 70 Years Later

India And Pakistan Since Partition: An Economic Scorecard

When India and Pakistan became independent 70 years ago, they were at the same level of development, with both equally poor and wretched. But the economic gap between them is growing.

Read Here – Deutsche Welle

Can Xi Jinping Head Off The Grey Rhinos In China’s Economy?

Common sense goes that the first step in solving any problem is recognising there is one. But if one ignores the problem and allows it to balloon to the edge of a crisis before recognising the severity of the issue, that means common sense has long gone out the window and all one is left with is a mess or even worse. That is what has happened with China’s massive and fraud-ridden financial system in which a herd of “grey rhinos” brazenly grew, charged around, and punched big holes, threatening to sink the system with a full-blown systemic crisis.

Read Here – South China Morning Post

What War Between North Korea And The U.S. Might Look Like

With the window closing fast for the U.S. to stop Kim Jong Un from obtaining a nuclear-tipped intercontinental ballistic missile, North Korea watchers are starting to analyse President Donald Trump’s military options. He warned on Tuesday that North Korea would be met with “fire and fury” if it continues to make threats.

Read Here – Bloomberg

Donald Trump’s China Policy Has A 1985 Problem

Donald Trump once famously owned New York’s Plaza Hotel. Perhaps it’s no coincidence, then, that his economic worldview, and policies toward China, are stuck in a time when that pop-culture landmark found itself at the very centre of global markets.

Read Here – Mint

What To Expect From Xi Jinping’s Communist Party Congress Power Play

Through rounds of reshuffles and a relentless war on corruption that has felled more than 200 senior officials, Xi has managed to place loyalists or associates of close allies in key positions in central and provincial government and powerful party departments. Many are now poised to be elevated to the Central Committee and some to the Politburo.

Read Here – South China Morning Post

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