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looking beyond borders

foreign policy and global economy

Archive for the tag “trade”

Xi Says China, India Should Focus On Cooperation

India’s Prime Minister Narendra Modi in a group photograph of the SCO Member States’ at the Shanghai Cooperation Organisation (SCO) Summit, in Astana, Kazakhstan on June 09, 2017.

Chinese President Xi Jinping met with Indian Prime Minister Narendra Modi, calling for closer cooperation between the two countries. Faced with profound and complex changes of the international situation, China and India, as the world’s two largest developing countries, should pay more attention to cooperation and go ahead with each other as partners, so as to instil more momentum into each other’s development and contribute to world peace, stability and common development, said the Chinese president.

Read Here – Xinhua

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Digital Radically Changes Global Investment Patterns

What did not exist in 2007? Instagram, Uber and 30 of the top 100 digital multinationals. According to the World Investment Report 2017: Investment and the Digital Economy, digital is growing and it is growing fast.

Read Here – UNCTAD

The World’s $100 Trillion Question: Why Is Inflation So Low?

Central bankers and investors are grappling with a $100 trillion question: why consumer price inflation remains so low in most parts of the world even as economic growth quickens. Compounding the riddle, question marks are now emerging over the one part of the global inflation picture that had been moving higher — producer prices.

Read Here – Bloomberg

Fitting Into Beijing’s New World Order

The VIP list at Beijing’s glittering launch party for its massive Silk Road trade plan was worth scrutinising not for the luminaries who were on it, but those who weren’t. Singapore Prime Minister Lee Hsien Loong, who irritates Beijing by standing up to its bullying in the South China Sea, was notably missing; he didn’t get an invitation. European government heads were welcome, but mostly stayed away, as did leaders from India and Japan. The no-shows reflect a broad disquiet: To skeptics, what President Xi Jinping calls the “Project of the Century” is, at heart, an imperial venture.

Read Here – Wall Street Journal

Does India’s Chabahar Deal Make Sense?

Chabahar’s principal attraction over Bandar Abbas appears to be its relative proximity to Afghanistan, especially once the Chabahar-Zahedan railroad is complete. Afghanistan is the one country in the region where India beats China in terms of exports, despite the unreliability of passage through Pakistan; the Indian and Afghan governments are anxious to build closer economic ties. But trade with Afghanistan presents numerous complications beyond the simple movement of goods.

Read Here – The Diplomat

If Trump Wants China’s Help, He Needs To Build Trust. Here’s How.

North Korea might be reined in, the thinking goes, if China could be persuaded to lean harder on its largest trading partner, and so the Trump administration is contemplating a variety of inducements that run from secondary sanctions on some Chinese banks and companies to a better trade deal for Beijing.

Read Here – Defense One

The Return Of The Pirates

The surge in pirate activity in Somalia’s waters has been perplexing, not least since it contradicts popular expert opinion, which posits that sea-piracy is in a state of terminal decline in the Gulf of Aden. With NATO, the European Union, India, China and Japan still maintaining an active security presence in the region, regularly deploying warships to escort merchant traffic, maritime observers feel pirates have neither motivation nor incentive to carry out fresh attacks.

Read Here – Observer Research Foundation

International Trade: Where Human Insight Is Still In Demand

It’s an issue when emerging markets are expected to contribute about 60 per cent to global GDP growth up to 2021, according to an International Monetary Fund forecast. China alone currently contributes to more than 30 per cent of global growth, trumping the US. Not surprisingly opportunities for human-driven insights are increasing in these markets.

Read Here – Raconteur

Will China And India Lead The Next Wave Of Globalisation?

Why US Firms Are Giving The Cold Shoulder To China’s ‘Belt and Road’ Globalisation Strategy

In the US, China’s pan-Eurasian infrastructure initiative is more or less invisible outside of news reports from domestic media that mostly frame it as Beijing’s grand plan for geopolitical domination

Read Here – South China Morning Post

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