Grappling with a crippling economic crisis at home, Pakistan is compelled to tread slowly and carefully in the emerging geoeconomics and politics of the region. Although financial help and support from China, Saudi Arabia and the UAE have contributed to partially resolving the country’s balance of payments crisis, yet an IMF bailout seems inevitable. Some would translate it as a return […]
World renowned for its meticulous planning and distinct skyline that featured in the Hollywood hit film Crazy Rich Asians, Singapore depends on a large pool of blue collar migrant workers from countries like India, Bangladesh and Myanmar to power its building and construction sector, which was valued at nearly US$22.5 billion in 2018 Read Here […]
Brussels has misread Beijing’s global aspirations – there is no grand plan behind Chinese acquisitions of European assets. But, as China becomes a stakeholder in Europe, the continent should adopt a pragmatic strategy to profit from this. Read Here – South China Morning Post
There is no longer any question that both US President Donald Trump and Chinese President Xi Jinping want an end to the trade war that has weighed on global trade and business investment and still threatens to drag the two superpowers into economic recession. Read Here – Asia Times
Murdoch and his children have toppled governments on two continents and destabilised the most important important democracy on earth. What do they want? Read Here – The New York Times
Many have been lamenting the dark path that Europe and the transatlantic relationship are currently on, but there hasn’t been much discussion of where that path leads. European weakness and division, a strategic “decoupling” from the United States, the fraying of the European Union, “after Europe,” “the end of Europe”—these are the grim scenarios, but […]
Kazakhstan’s President Nursultan Nazarbayev has abruptly announced his resignation 29 years after taking office. In a televised address on Tuesday, the 78-year-old said he has made the “difficult” decision to terminate his authority as president, but did not give a specific reason for the shocking decision. Read Here – Al Jazeera
How should emerging-market governments deal with the new original sin? One way would be to develop a large domestic institutional investor base that sets its objectives in domestic currency terms and is thus insulated from exchange-rate swings. National pension systems contribute to this goal, and many emerging-market countries, such as Chile and Mexico, have made […]
The accuracy of China’s official growth statistics is once again in question. Last week, at the annual “two sessions” conference, Premier Li Keqiang announced that China would reduce its 2019 target for GDP growth to between 6 and 6.5 percent—previously, it was “around 6.5 percent.” That same week, a group of Chinese economists published a paper with the Brookings […]
There is no question at this point that the relative sizes of the U.S. and Chinese economy today are much closer than those of Japan and the U.S. in the interwar period. And long story short, underselling the size of the Chinese defense budget and overselling the size of the Chinese economy does tend to […]
looking beyond borders 