An unprecedented campaign against environmental pollution has led to 18,000 companies being punished across the country since last summer and more plant shutdowns. But the crackdown’s economic implications are just beginning to unfold. Read Here – South China Morning Post
Nobody is going to confuse the dusty fishing village of Duqm for Dubai. But Oman intends to change this by building an entirely new, $10.7 billion transit-oriented industrial city on the desertified coast of the Arabian Sea, 550 kilometers south of Muscat. More accurately, China intends to change this by building an entirely new $10.7 billion transit-oriented industrial […]
Before the 1979 Islamic Revolution, this city was pious and sedate… Qom became the bedrock of Iran’s theocracy and remains one of the country’s holiest places — home to 200,000 religious scholars, a destination for Shiite Muslim pilgrims and a center of Islamic thought in a country whose political system is controlled by the clerical establishment. […]
China is engaging in a nearly trillion dollar play for the future of Afro-Eurasia—called the Belt and Road Initiative—and has so far caught the United States flat-footed. Unless the United States works with key allies and partners to craft a forward-leaning response, it risks replicating the strategic failure that occurred in the South China Sea. The result […]
It has been more than six years since the start of the Arab Spring, and life for most Arabs is worse than it was in 2011. Unemployment is rife in the Middle East and North Africa, where two thirds of the population is between the ages of 15 and 29. And throughout the region, regimes […]
China’s elite have long had to keep their diaries clear for much of September, October and November, waiting for a date to be announced for a five-yearly congress of the ruling Communist Party. At last, it has been revealed. The red carpets will be rolled out and the skies turned blue (by shutting down factories […]
As a key U.S. ally in the Middle East, Egypt has played an integral role in helping to combat the region’s terrorist threat, particularly since Egyptian President Abdel Fatah el-Sisi came to power in June 2014. However, Egypt is facing a daunting terrorist challenge of its own, primarily in the lawless Sinai Peninsula where ISIS’ […]
The case for government spending during economic slowdowns has been hotly debated for decades. John Maynard Keynes went as far as to suggest that during a recession governments should pay people to do meaningless tasks — such as digging holes in the ground and then filling them up. Read Here – BloombergView
The Communist Party of China (CPC), the country’s ruling party since the end of the civil war in 1949, will begin its once-every-five-year National Congress on Oct. 18, at which time a new slate of party leaders will be elected. In the major party reshuffle, some officials will stay in their posts; others will be […]
The confirmation that Indian Prime Minister Narendra Modi will show up in the coastal city of Xiamen has cleared a major obstacle to a “successful” BRICS leader summit – an event that China has been preparing for months to showcase its global influence. However, a ceremonial summit may not heal deep cracks in the club of […]
