Adaptation Key To Success For Communist Party Of China

For the West, China is a disputable issue, even more so its phenomenal economic growth in recent decades. There are many question marks, in the West, over the emergence of China as the new economic, political, and recently also technological power. What is the secret behind China’s unprecedented success story? Read More Here

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For Xi, Dissent But No Crisis

Xi’s power is not unlimited, and can only overcome opposition if he continues to show economic success, especially restructuring and reforms, which have not been successful so far. Whether it is the resentments of the government officials or public intellectuals and liberals who have been most affected by Xi’s muzzling of dissent, they can only […]

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Saudi Arabia Must Prepare For The Post-Petroleum Order

What’s the larger picture of Mohammed bin Salman as a reformer? The prince is trying to prepare Saudi Arabia for a post-petroleum order, in theory by unlocking competitiveness and creativity. His plan is detailed in Vision 2030. It includes reducing the number of royal family members on the government payroll. It also increases domestic tourism—based on […]

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Asia’s Strongmen Aren’t Strong Enough

Across Asia, the world has supposedly been witnessing the return of the strongman. Chinese President Xi Jinping has been grasping more and more control in his own hands since claiming power in 2012. Two years later, Prime Minister Narendra Modi in India and President Joko Widodo (known as “Jokowi”) in Indonesia won office by selling themselves […]

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Why Saudi 2030 Isn’t Iran 1963

On the surface, the similarities between 1960s Iran and modern Saudi Arabia seem self-explanatory. Like Saudi Arabia today, Iran in the Pahlavi era was ruled by a monarchy with a close (but complicated) relationship with the United States. Indeed, Tehran and Riyadh would go on to become the “twin pillars” of Nixon’s strategy for keeping the […]

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China’s Pain Points

Here are some of China’s economic pain points: bloated state-owned companies; banks with rising bad loans and local governments drowning in debt; massive overcapacity in the property market; bad investment in the wrong places. Read Here – Bloomberg

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Selling Off The State In China

The good news is Xi is changing tack. Rather than just tossing more stimulus at the economy and stocks, he’s redoubling efforts to reform the inefficient and opaque state-owned enterprises at the root of so many of China’s vulnerabilities. In other words, Xi is finally working to strengthen China’s foundations rather than papering over the […]

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Sri Lanka’s Constitutional Bombshell

President Maithripala Sirisena’s sudden indisposition during the New Year holidays had politicians on both sides of the House considering a potentially serious constitutional bombshell. The possibility of the Rajapaksa family making a come back, not just as members of parliament, but even as political masters of the country till 2021 has emerged a real possibility. Mahinda […]

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