Who will take China’s place? The obvious first option is India, a country with a massive, diverse and generally poor population, but which has a degree of discipline and entrepreneurialism, similar to China in 1980. India, however, is not in a take-off situation. It is the fifth-largest economy in the world and is also a […]
China and the US should try to avoid a new Cold War and find new ways to cooperate despite their differences, Chinese Foreign Minister Wang Yi said on Sunday. “We need to be alert to efforts by some political forces in America to hijack China-US relations and who try to push the two countries towards […]
The threat of a great decoupling is a potentially historic break, an interruption perhaps only comparable to the sudden sundering of the first huge wave of globalisation in 1914, when deeply intertwined economies such as Britain and Germany, and later the United States, threw themselves into a barrage of self-destruction and economic nationalism that didn’t […]
To those already predisposed to favour domestic production over international trade, the COVID-19 pandemic seems like a case in point. Yet a closer look at the facts shows that, if anything, the current crisis offers powerful evidence of why we need global supply chains and widely distributed production. Read Here – Project Syndicate
The fundamental reality about the economic relationship between China and Australia is that the two nations are deeply important to each other, and so despite the veiled threats from the Chinese government, and the desire in some parts of the Australian community for a split, a great economic decoupling is not an option. Read Here – The […]
Beijing has been mounting a diplomatic push to help the world contain the pandemic and, in the process, reposition itself not as the authoritarian power that was slow to sound the alarm on the impending health crisis, but as the global leader that stepped up when others didn’t. In some places, it appears to be working. Not everywhere, though. […]
President Donald Trump and his team are talking up the opportunity to finally achieve stricter border security, wider tax cuts and reduced reliance on Chinese manufacturing amid the spread of the coronavirus throughout the U.S. Some officials see it as a narrow opening to offset the political damage from the coronavirus outbreak and deliver — […]
President Donald Trump’s high-voltage visit to India has further cemented the close ties between the world’s oldest and largest democracies. The two sides have agreed to elevate relations to a Comprehensive Global Strategic Partnership. The addition of the word “comprehensive” acquires new salience in a time of flux, particularly in the Indo-Pacific. Read Here -The […]
The COVID-19 outbreak has hit at a time of much greater economic vulnerability than in 2003, during the SARS outbreak, and China’s share of world output has more than doubled since then. With other major economies already struggling, the risk of outright global recession in the first half of 2020 seems like a distinct possibility. […]
U.S. President Donald Trump said on Tuesday that India will buy $3 billion worth of military equipment, including attack helicopters, as the two countries deepen defence and commercial ties in an attempt to balance the weight of China in the region. India and the United States were also making progress on a big trade deal, […]
looking beyond borders 