The bigger question behind Wang’s charm offensive is of long-term global significance. Can a stable, confident, assertive and economically rising China leverage Japan and South Korea away from a chaotic, self-loathing, self-questioning and economically flailing United States? Read Here | Asia Times
By recognising and investing in the strengths of pioneering cities and regions, China has developed a powerful mechanism for organising and advancing its economic transformation. Judging by the tremendous success of Shenzhen and Shanghai, it seems clear that China will continue to reap the rewards of this approach for decades to come. Read Here | […]
It’s that on almost every front from COVID-19 response and economic rescue plans to the fate of hotspots such as Afghanistan and Iran, the outgoing president is sowing chaos within his own administration that has left every world capital in a muddle and President-elect Joe Biden in a bind. Read Here | Foreign Policy
Governments and central banks have promised to shell out $19.5 trillion since the coronavirus erupted to “put a floor under the world economy,” according to the International Monetary Fund. Some countries need even more help to recover from the crisis, but they might not get it. Read Here | CNN
Today it’s technology that ties the world together, not the container ship. To be effective in leading the United States in the 21st century… If Biden really intends to get tough with China, he’ll have to double down on the U.S.-Chinese tech war that has seen Huawei crippled, Chinese semiconductor foundries put under severe pressure, and TikTok […]
The signing of the Regional Comprehensive Economic Partnership (RCEP), the world’s biggest trade pact, by 15 Asia-Pacific countries Sunday represents a victory for multilateralism over unilateralism and free trade over protectionism. Read Here | People’s Daily Also Read | Welcome To The Might-Is-Right Global Trade Era
Core dollar exchange rates have so far been surprisingly stable during the pandemic, most likely because major central banks’ policy interest rates are effectively frozen at or near zero. But although the current stasis could last awhile, it will not last forever. Read Here | Project Syndicate
Nearly eight months after it was declared a pandemic, COVID-19 rages on, and there is no global consensus on the right policy mix for addressing the public health crisis. But on how to deal with the economic fallout, the winning strategy is clear: Spend early and spend big. And no major economy has done that […]
At a time that U.S. health experts are warning of a dark U.S. coronavirus winter, one has to hope that U.S. economic policymakers are taking note of the gathering of European economic storm clouds and of the implications that this might have for the global economic outlook. Read Here | Foreign Policy
Whether Trump wins or loses, Trumpism has come to stay. It will remain an active force in US politics. American democracy has had to deal with racial and class divides time and again in its history. However, a nation or society being divided along lines of prejudice is one thing, for it to be defined […]
looking beyond borders 