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looking beyond borders

foreign policy and global economy

Archive for the tag “trade”

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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The Biggest Worry For Chinese Firms In India Isn’t The Border Dispute, It’s Finding Staff

The two-month border standoff between China and India is not a huge concern for the Chinese business community in India because few are expecting a full-fledged war between the two Asian giants. The biggest worry for them is the chronic shortage of Chinese staff in India.

Read Here – South China Morning Post

Still In Search Of A Strategy

Through its first six months, the Trump administration has concentrated on two issues in its relationship with China: North Korea and trade. While it has secured Chinese buy-in for a new diplomatic framework for dialogue, the administration does not appear to have settled on an overarching China strategy. So far, there have been no major speeches or articles by senior foreign affairs officials on China or Asia, with the partial exception of an address by Defense Secretary Mattis in Singapore on regional military issues.

Read Here – Brookings 

China Bans Key Imports From North Korea

China banned key imports from North Korea starting on Tuesday, choking off one of the isolated nation’s most important sources of foreign currency in response to the latest U.N. sanctions over the country’s nuclear-weapons program.

Read Here – Caixin Global

Donald Trump’s China Policy Has A 1985 Problem

Donald Trump once famously owned New York’s Plaza Hotel. Perhaps it’s no coincidence, then, that his economic worldview, and policies toward China, are stuck in a time when that pop-culture landmark found itself at the very centre of global markets.

Read Here – Mint

Mind The Power Gap

To be sure, Delhi is now far more conscious of the existential challenges that the power gap with Beijing generates. This awareness, however, is yet to be matched by a sense of urgency across the government. Consider the following: China has been transforming the southern tip of Sri Lanka and the western seaboard of Myanmar over the last few years. But Delhi can’t seem to bestir itself into doing something with its forgotten national asset in the Bay of Bengal — the Andaman and Nicobar Island chain.

Read Here – The Indian Express

OPEC’s Game-Theory Dilemma

To win the price-setting game, oil producers need to address two related issues: They must maintain prices at a relatively high level without losing more market share to nontraditional producers, and they need to retain unity amid geopolitical tensions and disparities in domestic economic and financial situations.

Read Here – BloombergView

Explaining Global Recovery Amid Political Recession

Today, the world’s major economies are experiencing a steady recovery, despite the occasional setback. To be sure, economic performance is far from reaching its full potential: depending on where one looks, one can find output gaps, excess leverage, fragile balance sheets, under-investment, and unfunded longer-term non-debt liabilities. Still, financial markets show no signs of convulsion, even as monetary stimulus is gradually withdrawn.

Read Here – Project Syndicate

Does China’s Money Threaten Canada’s Sovereignty?

What does China want from Canada? And should Canadians, contrary to their welcoming prime minister, be worried about China’s interest in this land, particularly its urban real estate? No Canadian region is more impacted by Mainland Chinese capital than Metro Vancouver, a relatively small city of 2.5 million.

Read Here – Vancouver Sun

America’s Future Is With India And Israel

From the Indo-Pacific to the Mediterranean, a diplomatic transformation is underway. The winds of change are blowing not from Beijing, but from Delhi. President Donald Trump has an opportunity to harness some of that power to help fill the sails of America’s global leadership.

Read Here – The National Interest

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