The fact is that China has grown strong and rich by flouting international trade rules. But now its chickens are coming home to roost, with a growing number of countries imposing antidumping or punitive duties on Chinese goods. And as countries worry about China bending them to its will by luring them into debt traps, […]
The global economy is undergoing a far-reaching transformation. Change is being driven by shifts in countries’ populations, productivity, wealth, power, and ambitions, and accelerated by US President Donald Trump’s moves to reshape supply-chain structures, alter cross-border investment incentives, and limit the movement of people and technology across borders. Read Here – Project Syndicate
“We reject the ideology of globalism” in favor of the “ideology of patriotism.” So spoke the American president from the pulpit, in the high church of the first ideology, before a congregation nominally convened in a spirit of global cooperation. Ahead of his address at the annual gathering of the United Nations General Assembly, the buzz […]
As the U.S.-China competition expands across multiple domains, there are even worries that trade tensions could, over the long term, make the prospect of a military confrontation between the two more likely. Which raises the urgent question: How does this end? Read Here – The Atlantic
Because the World Trade Organization tends to operate beneath the surface of the global rules-based trading system, it is easy for people to forget the indispensable role that it plays. But now that the Trump administration is waging a quiet war on the institution, the international community must stop taking it for granted. Read Here […]
It may well be possible to manage the China-India rivalry, but with each passing year, India’s challenges vis-a-vis China are becoming more intractable. Until recently, the rivalry centered on the territorial conflict over the un-demarcated Himalayan border….Beyond the territorial dispute, today the rivalry encompasses competition over water sharing (especially due to China’s efforts to dam […]
President Donald Trump announced that the United States will impose a 10 percent duty on an additional $200 billion of Chinese imports as of next week, quickly escalating a trade war that has hit broad swaths of the global economy. Read Here – Politico Also Read: U.S. China Trade War: Analysis of Latest Developments
Where do Britain and the EU go from here on Brexit? Can and should Britain stay in the EU (from a legal, political, public opinion, or another standpoint) or is separation best? Should Britons get another vote on Brexit or on the final deal? What will Britain’s future relationship with the EU look like, and […]
Ten years ago this week, Lehman Brothers filed for bankruptcy, and the world suddenly changed. That date, Sept. 15, 2008, was hardly the starting point of the Depression-sized financial crisis that would soon threaten to sink the entire world economy; it had begun more than a year earlier. But most scholars agree Lehman’s failure marked […]
Are America and Pakistan finally breaking up? The short answer is no. As much as both states are fed up with each other, they remain far too co-dependent to simply walk away. What we are seeing instead is a tough and protracted re-negotiation over the terms of the relationship. The question of Pakistan’s role in Afghanistan is not necessarily […]
