“GOING OUT” is the name China calls its strategy to increase outward foreign direct investment (ODI—ie, not the FDI coming in), first proposed in 1999 and implemented in earnest five years later. From 2004 to 2011, China’s ODI grew from $5.5 billion to over $65 billion a year, and it is expected to reach $150 billion by […]
Not long after a tsunami washed over Japan‘s Fukushima nuclear power plants in March 2011, causing a partial meltdown, it appeared to many that humankind’s half-century experiment with nuclear power might be in permanent jeopardy. Although nuclear energy provides 15 percent of the world’s electricity, all without spewing greenhouse gas emissions, many countries seemed ready […]
To see the ice disappear this quickly is unprecedented. The 2012 melt has comprehensively broken all previous records. We are now heading into uncharted territory because the Arctic helps to cool the climate and regulate our weather patterns. Read Here – The Independent
This essay is adapted from Mark Mazower’s Governing the World: The History of an Idea, coming this month from the Penguin Press. Read Here – The Nation
The World Economic Forum’s annual Global Competitiveness Report is the closest thing that exists to a Michelin Guide for national economies. And in a world where businesses looking to establish or expand are perfectly free to choose, say Germany over Canada or Vietnam over China, the report is a helpful cheat sheet. Read Here – http://www.cfr.org Read […]
A Xinhuaeditorial paints the United States as a “sneaky trouble maker sitting behind some nations in the region and pulling strings.” In the Global Times, Chinese Academy of Social Sciences scholar Ni Feng states that the U.S. pivot is “stirring up tensions between China and its neighbors”; while Renmin University scholar Jin Canrong argues that Washington aims to “dominate the region’s […]
ASIA’S economies have long wowed the world with their dynamism. Thanks to years of spectacular growth, more people have been pulled from abject poverty in modern Asia than at any other time in history. But as they become more affluent, the region’s citizens want more from their governments. Across the continent pressure is growing for […]
In what seems an odd juxtaposition, global military spending is slowing down while the global trade in weapons is on the rise. The data are clear about these trends. For the first time in 14 years, global military spending did not increase last year, part of an overall slowdown in global military spending that began in […]
Last month, Japanese activists planted their country’s flag on one of the Senkaku Islands (which the Chinese call the Diaoyu Islands), a chain claimed by China, Japan, and Taiwan. The move sparked protests in China and inspired headlines in the West, but the provocation was hardly surprising. Read Here – Foreign Affairs
looking beyond borders 