Trade disputes with the US, concerns about Chinese interference in Hong Kong, and ethnic tensions in Xinjiang all preceded Xi Jinping’s rise to power in late 2012. Their escalation in the last year is a direct result of China’s shift to authoritarianism under Xi. Read Here – Project Syndicate
As to why China and Singapore developed a special relationship can be traced back to the latter’s spectacular economic growth after its independence in 1965. With the exception of three years, Singapore’s economy would grow at an annual rate of over six percent for three decades (and over ten percent for half that time)…That appealed […]
In this sense, China is acting like the colonialists of old: For nearly a century, Britain, first through the East India Company and then under the Crown, exported its own mediocre men to supposedly civilize the South Asian Raj, contributing to the Empire’s impotence and eventual fall. Today, China is ultimately undermining its efforts to […]
So, the sooner the advanced Western economies that laid the original rules for the WTO get off their pompous high horses, the better. The sooner they recognise that China’s practices do not constitute a unique and existential challenge, but rather raise important 21st-century questions about how original trade rules need to be updated, the better. […]
A nation that has the aspiration to become a leading power someday cannot continue with unsettled borders, an unintegrated region and under-exploited opportunities. Above all, it cannot be dogmatic in approaching a visibly changing global order. Napoleon once said that history is a version of past events that people have decided to agree upon. The […]
Now that the old rules governing macroeconomic cycles no longer seem to apply, it remains to be seen what might cause the next recession in the United States. But if recent history is our guide, the biggest threat stems not from the US Federal Reserve or any one sector of the economy, but rather from […]
China said the small number of issues standing in the way of the Regional Comprehensive Economic Partnership (RCEP) could be resolved by the end of the year, adding member states were also ready to work with India to address outstanding issues. Fifteen nations from the Asia-Pacific region – the 10 ASEAN nations plus Japan, China, […]
India, which has for some years now been raising walls against the rest of the world, appears to have definitively turned its back on freer trade. Fifteen of the 16 countries involved in negotiations agreed on Nov. 4 to sign up to the giant trade agreement known as the Regional Comprehensive Economic Partnership. Only India, after months […]
China’s all-consuming focus on sealing a US trade deal forced its top trade negotiator to cancel a trip to Brussels, raising the risk of Europe being pushed “off a cliff”, according to the head of a leading European business group in Beijing. Read Here – South China Morning Post
The EU has agreed to a Brexit extension to 31 January 2020, with the option for the UK to leave earlier if a deal is ratified, clearing the way for opposition parties to back a general election. After a 30-minute meeting of European ambassadors, Donald Tusk, the president of the European council, said the EU27 had […]
looking beyond borders 