Whether regulators can succeed in reining in credit creation this time is ultimately a political question, and depends on the central government’s ability to force through necessary reforms.
India’s prolonged quest to join the Shanghai Cooperation Organization brings into sharp relief an enduring tension between competing geopolitical ideas.
In its clumsy attempt to exploit the vulnerabilities of the Sino-Russian axis, the Trump administration misunderstands not only the strength of relations, but also its own desirability as a useful ally.
At the Belt Road Forum in Beijing, Vladimir Putin once again reaffirmed his personal relations with Xi Jinping without getting into economic specifics. But still, the Russian President managed to get special attention. Russia needs to be satisfied with its political gains from the forum.
With the One Belt, One Road (OBOR) Initiative signaling China’s more activist, assertive regional economic development and security policies, the United States must develop a post-TPP strategy to engage with China and the Asia-Pacific region.
By deepening its political, economic and military engagement in Afghanistan, and by formally signing a Memorandum of Understanding in 2016, China seems to be emerging as a long-term player in the region’s new Great Game.
China maintains that its Belt and Road Initiative is an economic initiative that will benefit Southeast Asia, but more transparency is needed if its projects are to succeed in the region.
The days of simply sticking a pipe in the ground and tapping a pool of easy-to-handle and profitable crude oil are fading. Changing resources require people challenge conventional thinking on oil.
While the EU and the United States have similar barriers to entry, EU investments in China have grown more rapidly.
The common thread in U.S. strategy toward Iran, Syria, and North Korea isn’t changing these regimes so much as it is trying to change their behavior. More than likely, they will all remain hostile to U.S. interests.
New Delhi’s current challenge is not about undoing Beijing’s new economic weight in the region. It is about building on its own natural geo-economic advantages in the region.
The Trump administration’s obsession with trade deficits is misguided. Instead, the U.S. focus should be on strengthening investment relations with China.
Through policy incoherence and not-so-benign neglect, the Trump team risks hollowing out the ideas, initiative, and institutions on which U.S. leadership and international order rest.
Russian companies are optimistic that the sale of cheap grain and high-quality sweets will help create a climate of “comprehensive strategic cooperation” with China. However, they face completion in the Chinese market from more familiar food brands from the U.S., Australia and New Zealand.
The Trump administration should review the policies behind the U.S. trade deficit with China before deciding on a new course of action.
India is focused on making Bangladesh a centerpiece of its Act East policy.
Sino-Russian relations do not constitute a new axis of like-minded authoritarian regimes that want to challenge the West by default. But it’s an example of how tactical and opportunistic cooperation of non-Western powers seeking to boost their influence on the international stage comes at expense of the Western-led international order.
The more realistic option would be increased information sharing between Moscow and Beijing on THAAD and the US military presence in Northeast Asia, as well as joint exercises like the one held in May 2016.
Bilateral trade balances alone aren’t an accurate reflection of a country’s economic strength.
As the North Korean atomic crisis gathers momentum, the Trump administration is suggesting that the option of letting the East Asian allies acquire nuclear options is on the table.