America: the perils of being No 1
For now, the world must cope with an America whose power exceeds its wisdom in an environment where chaos rules. Read More Here
For now, the world must cope with an America whose power exceeds its wisdom in an environment where chaos rules. Read More Here
China’s slowing growth and unresolved property crisis are putting wider Asia-Pacific at risk as contagion fears spread. Read More Here
“The Voldemort of years. The annus horribilis. The year that must not be named.” That’s how 2024 has been described when it comes to the global crises that are popping around the world. Whether 2024 turns out to be as bad as the archenemy in the Harry Potter novels or the Latin phrase meaning “horrible year” is […]
In the early 1970s, Mao’s ‘three worlds’ theory guided China’s strategic alignment with the political struggles of third world nations. As the country’s economy and influence grew, it focused on establishing ‘major power’ relationships with the West. But Beijing must now reorient itself. Read More Here
‘Industrial party’ leaders see the economy as best engineered from the top down; let US rivals do the math. Read More Here
While the sovereign-debt crisis that is currently unfolding across the developing world may not have the immediate global impact of the 2008-09 financial meltdown, its long-term effects could be far-reaching. Immediate international intervention is necessary to prevent it from spiraling out of control. Read More Here
After the late Henry Kissinger orchestrated the US “opening to China,” that country’s gradual embrace of economic reforms succeeded in making it the world’s second-largest economy. But the story did not end well for American workers, who would be ill-served by the continuation of Kissingerian realpolitik under Donald Trump. Read More Here
A string of high-level meetings this year have produced a number of proposals for dealing with key global challenges, from unsustainable public debt to climate change. But few decisions have been made, and some of the most prominent proposals are deeply flawed. Read More Here
The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting to analyze and study the economic work of 2024, arrange Party conduct and anti-corruption work, and review regulations on the CPC’s disciplinary action. Read More Here
The IMF is revising its outlook for the region and stands ready to step up needed support. Read More Here