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looking beyond borders

foreign policy and global economy

Archive for the tag “trade”

The Demise Of Dollar Diplomacy?

Pundits have been saying last rites for the dollar’s global dominance since the 1960s – that is, for more than half a century now. But the pundits may finally be right, because the greenback’s dominance has been sustained by geopolitical alliances that are now fraying badly.

Read Here – Project Syndicate

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The Twists And Turns Along China’s Belt And Road

China’s trillion-dollar Belt and Road Initiative could potentially transform relations with over 60 countries across Eurasia, Africa and beyond. But to bring the concept to fruition, Beijing must overcome mammoth logistical obstacles, navigate fragile political situations and placate growing regional apprehension surrounding its ambitions.

Read Here – International Crisis Group

What To Watch For In Tillerson’s China Visit: North Korean Crisis, Sino-US Trade Tensions

U.S. Secretary of State Rex Tillerson meets with Chinese Vice Premier Liu Yandong at the U.S. Department of State in Washington, D.C. on September 28, 2017. [State Department Photo]

US Secretary of State Rex Tillerson will arrive in Beijing this week with a full agenda, in the midst of an escalating crisis over North Korea’s nuclear and missile weapons development and Sino-US trade tensions. The diplomat’s second official visit to China will take place from Thursday to Sunday and pave the way for US President Donald Trump’s inaugural visit to Beijing in November.

Read Here – South China Morning Post

The Worldwide Struggle To Claim Cyber Sovereignty

much like economic globalisation and interdependence has slowly eroded the traditional concept of sovereignty, so has the expansion of the global internet. The physical infrastructure of cyberspace – the undersea fiber optic cables – is likely to continue connecting nations for trade and economic inclusion in global markets. But governments across the political spectrum – from Russia and China to Western liberal democracies – are now seeking to impose their sovereign authority on the content and data that transverse their borders across those very cables.

Read Here – The Cipher Brief

Five Trade Issues The US And China Need To Tackle Before Trump Goes To Beijing

A number of concerns – ranging from exchange rates to accusations of intellectual property theft – are likely to feature prominently when Donald Trump visits Beijing later this year.

Read Here – South China Morning Post

Five Things To Look Out For When Singapore’s leader Lee Hsien Loong Visits China

As Singapore is the chairman of the Association of Southeast Asian Nations next year, how Beijing manages its ties with the city state will be crucial to the relationship between China and the Southeast Asian nations – some of which have their own claims to the South China Sea.

Read Here – South China Morning Post

How Black-Market Tobacco Funds The World’s Bad Actors

Where does North Korea, whose gross domestic product is less than that of some American cities, get the money to fund its nuclear efforts? Kim Jong-un and his regime obtain much of their money from a vast series of criminal enterprises that trade in everything from goods made by forced labor to counterfeit currency to narcotics.

Read Here – Defense One

Donald Trump’s Options On North Korea Going From Bad To Worse

Sanctions on North Korea have been tried, and failed. Serious negotiations seem like a pipedream. And any military strike would almost surely bring mass devastation and horrific civilian casualties. The Trump administration’s options are going from bad to worse as Kim Jong-un’s military marches ever closer to being able to strike the US mainland with nuclear weapons.

Read Here – AP

Also Read: North Korea’s Nuke Test Reveals Terrifying Capabilities

Even With Modi Back On Board, China Will Find It Hard To Keep Emerging Markets Club Together

The confirmation that Indian Prime Minister Narendra Modi will show up in the coastal city of Xiamen has cleared a major obstacle to a “successful” BRICS leader summit – an event that China has been preparing for months to showcase its global influence. However, a ceremonial summit may not heal deep cracks in the club of Brazil, Russia, India, China and South Africa.

Read Here – South China Morning Post

Also Read: Five Things To Watch Out For At The BRICS Nations Summit

An Economic Fallout Is Coming From All The Asian Military Standoffs

The stakes are high for the U.S. as tensions in Asia ramp up. The country has $1.3 trillion of two-way trade with the region, based on annualised data in the first six months of this year. That’s 52.5 percent of America’s total foreign trade. But that is only part of U.S. linkage with Asian economies. Fixed-asset investments generating those trade flows have also to be taken into account as they directly affect employment and income levels in about one-third of American aggregate demand.

Read Here – CNBC

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