Asian leaders could be excused a degree of exasperation over the ongoing Greek mess. China’s slowdown and stock-market chaos are worry enough; the last thing the export-dependent region needs is a Europe in chaos. Worse, European leaders seem intent on misreading or ignoring lessons from Asia’s own brush with collapse. Read Here – Bloomberg
President Xi Jinping’s Beijing doesn’t inspire confidence—not among the Chinese people, and not among those who live on China’s “peripheries,” who have taken note of the erosion of liberties that has accompanied this slow descent. Read Here – The National Interest
Obama on the Nuclear Deal – July 16, 2015
Forget about all the shoes, toys and other exports. China may soon have another thing to offer the world: a recession. That is the prediction from Ruchir Sharma, head of emerging markets at Morgan Stanley Investment Management, who says a continuation of China’s slowdown in the next years may drag global economic growth below 2 percent, […]
For much of the past decade, the Democratic Socialist Republic of Sri Lanka was more or less a family business — one that happened to be run on an island just 22 miles off the coast of the second-largest country in the world and astride a key shipping lane to the largest. By one estimate, former […]
In the wee hours of Monday morning, after a marathon 17-hour session, Greece finally agreed to a deal with the euro zone that would give it enough cash to start reopening its shuttered banks, pull it out of arrears, and stave off its exit from the euro. In some ways this deal (or any deal) might […]
The BRICS grouping—comprising Brazil, Russia, India, China, and South Africa—is as contentious as it is misunderstood. Skeptics dismiss the BRICS out of hand, arguing that the coalition is all talk and no action. Enthusiasts, on the other hand, maintain that the BRICS portend a new global pecking order—one in which the emerging economies, led by […]
China has been making major efforts to increase its ability to influence other countries without force or coercion. In 2007, then-President Hu Jintao told the Communist Party that the country needed to increase its soft power; President Xi Jinping repeated the same message last year. They know that, for a country like China, whose growing […]
In China, the invisible hand of the market sometimes needs help from the iron fist of the state. That’s certainly true after a meltdown vaporized $3.5 trillion in the value of shares traded on the Shanghai and Shenzhen exchanges. Read Here – Bloomberg China Tries Japan’s Approach to a Stock Bubble – Bloomberg View
Prime Minister Narendra Modi’s visit to the Central Asian Republics has evoked much interest in India. Civilisational links and cultural commonalities apart, the prospect of a seat for India at the Shanghai Cooperation Organisation high table does warrants excitement. After all, being at the high table is protection against ending up on the menu. Jokes apart, what […]
looking beyond borders 