The Federal Reserve deserves praise for managing once again to carry out a tricky transition without causing disruptions in financial markets and creating too much risk for the real economy. Sustaining this success will require more than just the central bank’s continued responsive policy making, Mohamed El-Erian writes for Bloomberg. Read Here – Bloomberg
The new vision of China’s foreign policy is strategically forward-looking, inclusive and peaceful. It not only serves as the theoretical foundation for the development of China’s foreign affairs, but also helps inject fresh Chinese wisdom in building a new type of international relations, writes Wu Zhenglong. Read Here – China-U.S. Focus
Reform of Iran’s cumbersome permit system has come under the spotlight in recent months. Yet, efforts to minimize the number of licensing documents required for doing business in various sectors of the economy have made slow progress due to resistance from state organizations, among other reasons. Read Here – Al Monitor
The emerging world—lower and middle income countries alike—found China’s insatiable appetite for commodities in recent years a godsend. For the new middle class a commodity supercycle was the simplest route to plenty. If a country had commodities it benefited either from direct trade, or though persistently higher prices of nearly all industrial commodities. By meeting […]
President Xi Jinping has announced assistance and loans totalling $60 billion for Africa to help the continent address its top three difficulties: infrastructure, talent and funding. At the opening ceremony of the Forum on China-Africa Cooperation Summit, Xi said the funding plan was announced to ensure that China rolls out 10 concrete plans for cooperation in […]
For centuries the Silk Road, stretching across deserts, steppes, and mountains, linked the imperial dynasties of China with Europe. Chinese rulers used the thoroughfares to expand their power and influence deep into Asia. Today a newly assertive Chinese empire—this time, a communist one—is undertaking a gargantuan project to re-create those ancient trade routes and the […]
The Russian economy faces low growth at best and prolonged stagnation at worst. The outcome does not depend on oil prices and sanctions alone but also on more deeply rooted problems. Although some reckon that prolonged stagnation would bring Putin down, his repressive system shields him from economic mismanagement and from the costs of political […]
Chinese Premier Li Keqiang‘s recently published article on China’s reform drive and international cooperation shows the country’s pragmatism and determination, and charts a new and unprecedented blueprint that will also benefit world economic growth. Li’s article titled “China’s economic blueprint”, which was published in the Economist magazine on Nov. 2, depicts the direction and […]
As the leaders of 17 countries gathered in the Philippines Wednesday for the annual Asia-Pacific Economic Cooperation forum, Chinese President Xi Jinping stated the obvious. “The Chinese economy is a concern for everyone,” he said. “We will work hard to shift our growth from just expanding scale to improving its structure.” Read Here – BloombergView
It’s been a long time coming. Aung San Suu Kyi has been waiting for this for more than a quarter of a century, the jubilant crowds in Yangon and across Myanmar have sensed it over the past weeks of campaigning, and now the electoral commission has confirmed it: Myanmar is returning to democracy. Read Here […]
looking beyond borders 