Why China Is Paranoid About The Quad

Although China has rarely seen India as a peer competitor, Beijing is acutely conscious that India could create significant problems for China if aligned against it with other powers. Keeping India—a potential superpower—from aligning with the United States is thus a first-order strategic goal for Beijing. Read More Here

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Why Nobody Invests In Japan

In a typical rich country, 80 percent of inward FDI takes the form of mergers and acquisitions (inbound M&A)—but in Japan, it’s only 14 percent. Total inward FDI is meager mainly because inbound M&A is so small. Read More Here

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The Quad Is A Delusion

The Quad’s emergence shouldn’t surprise Beijing. Rising powers routinely evoke countervailing coalitions, and shared anxiety about an adversary can contribute to their cohesion—but that’s just a starting point. The Quad’s problem is it doesn’t have much else to run on and hence will ultimately amount to U.S. power with a multilateral veneer. Read More Here

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Suga’s Olympic-Sized Gamble

Japanese politicians are often driven to act by gaiatsu—the Japanese word for “external pressure”—and Prime Minister Yoshihide Suga got a welcome dose of it in Cornwall, England, last week when his fellow G-7 summiteers endorsed holding the Olympic Games in Tokyo next month. Read More Here

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