The efforts of China and India moving closer have been snubbed by the West, which tries to hype the contention of the two sides. Given the border disputes between China and India, and geopolitical rivalry as well, mutual distrust is slow to dissolve, and India is vigilant against China’s rise. This creates opportunities for other […]
This weekend’s annual meetings of the International Monetary Fund and the World Bank, which brought together finance ministers and central bank governors from almost 200 countries, seem to have yielded no material changes in policy formulation at either the national or multilateral levels, and offered little to alter views on global economic prospects. Read Here – BloombergView
Is the TPP really targeting China? US President Barack Obama said on Monday, “we can’t let countries like China write the rules of the global economy. We should write those rules, opening new markets to American products while setting high standards for protecting workers and preserving our environment.” This is not the first time that […]
The Trans-Pacific Partnership is the biggest trade agreement in history, reducing tariffs and other forms of protectionism in a dozen countries making up about 40 percent of the global economy with economic output of almost $30 trillion. The White House estimates it will eliminate 18,000 tariffs on U.S.-manufactured goods, while giving everyone from Vietnamese shrimpers to […]
A dozen Pacific-rim nations agreed to an historic pact that would cut trade barriers on items ranging from cars to rice, setting up a potentially contentious ratification vote before a skeptical U.S. Congress. After a week of final talks in Atlanta, an agreement was announced on the Trans-Pacific Partnership, a pact more than five years in […]
If political infighting in the Communist Party were to result in political instability in China, its foreign policy would become less predictable and more governed by appeals to an aggressive nationalism that is already on the rise within the population at large. That would be a bad outcome for the United States and for China’s […]
India, as the second most-populous country, has a promising bid for a permanent Security Council seat. However, the nation has strategic problems….In fact, India’s biggest mistake is to ally itself with Japan, Germany and Brazil. First of all, these three countries have opponents in the region. Japan’s bid for permanent membership will definitely invite strong […]
China has many levers to pull economically, and stagnation and lower potential growth are relative. But the global hunt for economic growth by central banks will be a persistent source of volatility in financial markets. Without the ability to jump start their economies using traditional monetary policies, central banks will use unconventional policies more often […]
China’s spectacular military parade on Thursday – the occasion of the 70th anniversary of the defeat of Japan in World War II – marks the coming of age of the modern Peoples Liberation Army. This was underscored by the announcement President Xi Jinping made that China would cut some 300,000 personnel from its 2.3 million […]
The coming decades promise to be the Asian Century, when the most populous region, with some of the world’s fastest growing economies, is likely to become the global nexus of commercial, cultural and geopolitical activity. For this reason, how people in the Asia-Pacific region, including Australia, see each other and their leaders is of growing […]
looking beyond borders 