Little noticed during last weekend’s milestone summit between Barack Obama and Xi Jinping was another landmark event: China’s currency hit a record high, reaching almost 6 yuan to the dollar. In recent years, one of the few things Republicans and Democrats could agree upon was that an artificially cheap yuan damaged U.S. exports and stole U.S. jobs. The […]
Burma’s transition to a world of economic opportunity, and political freedom was always going to be difficult, and the success of the new regime is still far from assured. Decades of corrupt military rule have left deep scars on the country. And recovering from this will be extremely difficult whilst ever these same military people […]
China and the United States will increase comprehensive exchanges, as the countries commit to building a new type of power relationship, the presidents of the world’s two largest economies said. After the first meeting of their two-day summit, President Xi Jinping and US counterpart, Barack Obama, stressed the importance of the countries’ ties in a globalized […]
The new Chinese President, Xi Jinping, and the US President, Barack Obama, are meeting for two days of talks at Sunnylands, a private estate near Los Angeles. It will be their first meeting since Xi assumed the presidency. The future fortunes of the world are bound up with the two countries finding a new kind […]
As tensions on the Korean Peninsula have grown, much of the relevant conversation within the United States has focused on China, the one nation that, according to many American policymakers, can control the North Korean leadership. Does it, or is i a flawed view? Read Here – The Diplomat
Among European publics ‘the Greek crisis’ is a phrase that invokes images of corruption, poor government, civil unrest, and social turmoil. Foreign governments and political commentators have grasped that this narrative also provides a way to provoke political change in their own countries. By threatening a future ‘akin to Greece,’ unpopular domestic reforms are passed […]
There is a lot going for India’s relations with Japan if New Delhi can overlook the Dragon in the room and get on with what it needs to do to ensure its economic and diplomatic rise. Read Here – Indian Express
China’s new leaders are talking nice. The country’s “ambitious” reform plans will provide “enormous” opportunities for the world, said premier Li Keqiang on May 27 at a business forum in Berlin, citing plans for industrialization and urbanization, as well as agricultural and technological upgrading. China and the U.S. must“build on past successes and open up new dimensions for the […]
The International Monetary Fund’s 2012 World Economic Outlook provided surprising cause for optimism about economic growth in several African countries. Based on the IMF’s estimates, Business Insider recently profiled 20 countries with the highest projected compounded annual growth rate (CAGR) from 2013 through 2017; ten of them are in sub-Saharan Africa, and two are in North Africa. These statistics […]
As evidence mounts that a mid-year slowdown is taking place in the world economy, the next few days will offer a clearer glimpse of how that will impinge on policymaking and buoyant financial markets. Read Here – Reuters
looking beyond borders 