Post 11
Economy,South Asia
By Alvin Cheng-Hin Lim - 20 Feb 2017

Modi’s Job Creation Promise for India

During Narendra Modi’s campaign for the 2014 general elections, he promised to create 10 million jobs for India’s youth if elected. However, job creation, badly impacted by the fall in exports caused by the global economic slowdown, is now at its “lowest in seven years.”
Post 2
Economy,China,Southeast Asia

By Tai Wei Lim - 14 Feb 2017

The Maritime Silk Road: Its Past, Present and Future

Post 3
Economy,China,Southeast Asia

By Alvin Cheng-Hin Lim - 10 Feb 2017

China’s “Belt and Road” and Maritime Southeast Asia

Post 4
Economy,China,Southeast Asia

China’s “Belt and Road” and Mainland Southeast Asia

Southeast Asia straddles both the Silk Road Economic Belt and the Maritime Silk Road, and the projects promise to stimulate economic development and trade in the participating nations. China and ASEAN seek to raise their trade to USD 1 trillion by 2020.
Post 4
Politics,Economy

How Trump Can Work with World Leaders

There is potential for US President Donald Trump to work with China on public goods such as the global environment and many other issues of non-detrimental common interests. Job creation may be an important link between the first and second largest economies in the world.
By Tai Wei Lim - 03 Feb 2017 | 0 comments Read more...
Post 4
Economy,China

China’s USD 40 Billion Investment in Nigeria

On January 11, 2017, Chinese foreign minister Wang Yi announced that China will be investing an additional USD 40 billion in Nigeria, on top of China’s USD 45 billion in existing investments in the country.  
Post 4
Economy,China

What is the Cause of China’s Capital Flight?

In 2015, China’s capital outflow rose to nearly USD 1 trillion. The exodus of capital continued to surge in 2016, which prompted the government’s efforts in imposing new restrictions on yuan movements.
Post 4
Economy,China,South Asia

Protest Erupts in Sri Lanka's Hambantota over Chinese Megaproject

A Chinese megaproject in Sri Lanka has encountered violent resistance from angry local residents who fear forced eviction from their land. The protesters are also worried that Hambantota will become a Chinese colony over time.
Post 4
Politics,Economy,China

The Coming Trade War Between the US and China

Asia watchers are anxiously awaiting US President-elect Donald Trump’s first actions after his inauguration, in particular whether he will carry out his threat of designating China as a currency manipulator. Such a designation will allow US to institute punitive tariffs on Chinese imports.
Post 4
Economy

The Rationale Behind Trump’s Tax Slash

While the US economy is driven by multiple factors including innovation, business sophistication, market size, financial market development, labor market efficiency, and higher education and training, high tax rates and tax regulations remain the two most important downsides of doing business in US.
Post 4
Politics,Economy,Society

2016: A Breakthrough Year for Populism

2016 was a breakthrough year for populism, highlighted by the victory of the “leave” campaign in the UK’s Brexit referendum in June, and Donald Trump’s win in the US general elections in November.
Post 4
Economy,China

Correcting China’s Current Debt Levels

China’s debt level is increasing, along with toxic debts on its balance sheet. This situation can be compared to Taiwan and South Korea before the financial crisis hit in the 1990s. China may be able to use the same strategies adopted by them to overcome threats to its economy.  
Post 4
Economy,Society

How Predatory Value Extraction Ruined the American Middle Class

Since the 1980s, US business corporations have been restructuring employment relations and financial behavior. Many people lost their jobs and were forced to find jobs in new places. It is a fact that the benefits and costs of the restructuring have been distributed unequally.
Post 4
Economy,Southeast Asia

The Potential of Chinese Investment in Malaysia's Johor Bahru

Bloomberg reported in November 2016 that Chinese developers were spearheading the USD 100 billion Chinese-made city in Johor Bahru, a city at the southern tip of Malaysia and bordering Singapore, to turn it into the next Shenzhen.
Post 4
Economy,China

Taming China’s Stock Markets: Is the Anti-Graft Drive Working?

An unprecedented stock rout in the summer of 2015 led to draconian anti-graft investigations into officials and executives in China’s financial sectors, with at least eight officials in the China Securities Regulatory Commission being detained.
By Gang Chen - 13 Dec 2016 | 0 comments Read more...
Post 4
Economy,Society,China

Land Transfer and Rural Economic Reform in China

The National Development and Reform Commission of China released its five-year plan (2016-20) for rural economic development in November 2016. In this plan, rising costs in agricultural production have been highlighted as a major challenge.
By Jiwei Qian - 09 Dec 2016 | 0 comments Read more...
Post 4
Politics,Economy

Can Trump “Warm” to the One Belt One Road Initiative?

There has been some indication that the Trump administration wishes to shift the US’ disposition toward Chinese initiatives such as the One Belt One Road initiative. Many negative American perceptions of Chinese economic leadership, particularly of the OBOR, must first be addressed.
By Alek Chance - 02 Dec 2016 | 0 comments Read more...
Post 4
Economy,Southeast Asia

Vietnam’s Strategic and Economic Wellbeing in Peril if TPP Fails

A cancelation of or suspension of talks on the TPP means Vietnam will lose an important opportunity for international economic integration. And it is likely to result in a slow-down in Vietnamese reforms.
By Huong Le Thu - 01 Dec 2016 | 0 comments Read more...
Post 4
Politics,Economy,Southeast Asia

Southeast Asian Foreign and Economic Policies in the Trump Era

Both Malaysia and the Philippines along with others in the original ASEAN-5 are already comfortable in terms of their partnerships with Japan, and they will find working with China to be a productive and possibly value-added new infrastructure construction partnership experience.
By Tai Wei Lim - 30 Nov 2016 | 0 comments Read more...
Post 4
Economy,South Asia

Modi’s Demonetization of Rupee Banknotes: Bold Reform or Reckless Adventure?

Modi explained that the demonetization was to stop counterfeiting of the current banknotes, as these had allegedly been used for funding terrorism. It was also designed to crack down on black money, a term which refers to income illegally obtained or undeclared for tax purposes.
Post 4
Politics,Economy,China

Xi Heralds Age of China-led Globalization at APEC Summit

While the US and its allies were reeling from the recent election of Donald Trump as US president and his pledge to scrap the US-led Trans-Pacific Partnership once he comes into office, Chinese President Xi Jinping pushed APEC members to accelerate their negotiations towards the completion of two alternative regional trade agreements.
Post 4
Economy,China

China Takes Over the Reins of Globalization from the West

China is the world’s second largest economy; although its economic growth has dropped to a lower gear, the volume of its economy will overtake the US’ in the near future. A frail US economy sets the stage for China to ascend to the leader’s podium.
Post 4
Politics,Economy,Hotspots

Trumponomics: A Danger to Prosperity?

Will Donald Trump’s presidency pose a danger to the country’s prosperity? Or will it “make America great again” by doubling US economy’s annual growth to 3.5-4.0 percent?
By Ding Lu - 19 Nov 2016 | 0 comments Read more...
Post 4
Politics,Economy,China

China’s Economic Gifts as Extension of its Foreign Policy

China as a “regional bank” is not constrained geographically to Asia. In Latin America, the China Development Bank and the Export-Import Bank of China provided upwards of USD 29 billion to Latin American governments in 2015. In Europe, Chinese FDI increased by 44 percent from 2014 to reach USD 23 billion in 2015.
Post 4
Economy,Society,China

New Measures to Douse China’s Housing Frenzy

Several factors underpin the latest housing boom in China. The central government’s de-stocking strategy is a big contributor. The easy monetary and cheap credit environment has boosted the development of the capital-intensive real estate industry. The declining supply and the rising price of land have pushed up housing prices in the high-tier cities.
By Zhihua Zhou - 04 Nov 2016 | 0 comments Read more...
Post 4
Economy,China

China P2P Lending Under Scrutiny

The Chinese government has prohibited the practices of cash pooling, loan granting, and deposit taking, and has now limited the P2P platform operator’s role to just providing a matching place for lenders and borrowers, acting only as an information rather than a credit intermediary.  
Post 4
Economy,South Asia

India-UK Economic Relations and Impact of Brexit

There is no significant negative impact of Brexit on the Indian economy as both are historical trading partners and both are keen to strengthen and deepen their economic relationship, which is apparent from the fact that both are looking to establish a Free Trade Agreement in merchandise goods.
By Rashmi Singh - 25 Oct 2016 | 2 comments Read more...
Post 4
Economy,Security

The 8th BRICS Summit at Goa, India

The Goa Declaration that was issued at the conclusion of the 8th BRICS summit “strongly condemned terrorism in all its forms and manifestations” — including the “recent attacks against some BRICS countries” — and also pledged that the BRICS nations would work with the G20 to promote “robust and sustainable trade and investment to propel global growth.”  
Post 4
Economy,China

The Shenzhen-Hong Kong Stock Connect Scheme

The China Securities Regulatory Commission and the Securities and Futures Commission have approved the establishment of mutual stock market access between Shenzhen and Hong Kong, known as the Shenzhen-Hong Kong Stock Connect scheme.
By Jing Wan - 17 Oct 2016 | 0 comments Read more...
Post 4
Economy,China,Southeast Asia

Cambodia Joins the “Belt and Road”

Chinese President Xi Jinping’s visit to Cambodia in mid-October 2016 marked Cambodia’s entry into the growing group of nations participating in China’s “Belt and Road” initiative. President Xi pledged Chinese investment for infrastructure projects including a high-speed railway and a new airport in Siem Reap.
Post 4
Economy,China

China’s Property Bubble: What Should Be Done?

The most alarming sign of a Chinese property bubble is the accelerated price movement in recent months. A more than 30 percent year to year price rally across a number of big cities and the sharp increase in mortgage lending have heightened concern that the property bubble is being reinflated.
Post 4
Economy,East Asia

Japan’s Yield Curve Control: Revival of an Old Idea

Although the Bank of Japan recently announced the plan of “yield curve control,” it has been buying longer government bonds to push their rates down since 2012. The BOJ is only changing the policy target from the quantity of bonds to the price of the bonds. In particular, it aims to keep the 10-year bond yield at around zero.
Post 4
Economy,Society

Colombia Rejects Peace Deal: Chinese Investments in Doubt?

The peace deal between the Colombian government and the Revolutionary Armed Forces of Colombia had proposed “reforms aimed at bringing the rebels into the political system, addressing drug trafficking through crop substitution and allowing for reduced prison sentences for rebels who lay down their arms.”  
Post 4
Economy,South Asia

Modi’s “Make in India” Faces Tough Challenges

The primary goal of “Make in India” is to make India a global manufacturing hub. Manufacturing currently occupies a 16 percent share of India’s GDP but the government hopes to raise it to 25 percent by 2025.
Post 4
Economy,China,Southeast Asia

One Belt One Road and China-ASEAN Economic Cooperation

At the 13th China-ASEAN Expo and China-ASEAN Business and Investment Summit, Chinese Vice Premier Zhang Gaoli said that China will support the building of ASEAN Community, ASEAN’s central role in regional cooperation, and ASEAN to play a greater role in international and regional affairs.
By Hong Zhao - 27 Sep 2016 | 0 comments Read more...
Post 4
Economy,Security,South Asia

Dialogue and Water Cooperation in the Brahmaputra River Basin

The key challenge in the Brahmaputra River Basin is the rising suspicion and distrust, and the lack of open communications between the countries. Negotiations that have happened so far are essentially bilateral and confidential with no public participation.
Post 4
Economy,China

China Trade Bills Scam: New Regulation Announced

The Industrial and Commercial Bank of China is under police investigation over a fraud case reportedly involving RMB 3 billion worth of fake trade bills in the nation’s e-commercial draft system, highlighting the need to set up a more robust financial market framework.
Post 4
Politics,Economy,China

The BRICS at the Hangzhou G20 Summit

The September 2016 meeting of the BRICS leaders, which occurred on the sidelines of the G20 Summit in Hangzhou, China, was noteworthy as it confirmed the new Brazilian government’s commitment to the BRICS grouping.
Post 4
Economy,China

Bond Defaults: A New Risk for Financial Crisis in China?

The rise of corporate bond defaults and corporate downgrades has renewed calls for the establishment of a credit default swap market in China. The People’s Bank of China appears poised to give the hedging scheme the go-ahead in the near future.
Post 4
Economy,Society,China

Rebalancing Fiscal Capacity and Expenditure Responsibility in China

One major issue is the mismatch between local governments’ fiscal capacity and their expenditure responsibility. In recent years, local governments have been responsible for over 80 percent of government expenditure, while being assigned only about 50 percent of government revenue.
By Jiwei Qian - 09 Sep 2016 | 0 comments Read more...
Post 4
Politics,Economy,China

Hangzhou G20: Display of Opulence with Limited Achievement?

Lauded as a great success by Chinese President Xi Jinping, the Hangzhou G20 Summit came to a conclusion on September 5, 2016 with its final communique confirming the necessary consensus for the G20’s long-term vision.  
Post 4
Economy,Cyberspace,China

Behind China’s E-Commerce Success Story

Many people hold the view that economies of scale plus a booming economy are the two sole reasons behind China’ success in e-commerce. Physical infrastructure of telecommunications, information processing, and logistics are also factors.
Post 4
Economy,East Asia

No “Helicopter Money,” Abenomics Turns to Fiscal Stimulus

In July 2016, Japanese Prime Minister Shinzo Abe announced a JPY 28 trillion stimulus package, which includes spending on infrastructure, reconstruction of disaster zones, wage increases for child and elder care workers, and direct cash payments to low-income households.
By Yuqing Xing - 30 Aug 2016 | 0 comments Read more...
Post 4
Economy,China

RMB’s Global Payments Share Drops: A Blessing in Disguise?

The latest report from SWIFT shows that the share of the RMB in the global payment network dropped to 1.72 percent in June 2016, down 0.18 percent from the figure in May, and is the smallest share for the year to date.
Post 4
Economy,China

China’s Phenomenal Land Prices: SOEs a Contributing Factor

China’s land prices in auctions have hit record highs in the first half of 2016. Land parcels were sold on average 41 percent higher than their asking prices. There are 205 land parcels with a price of over RMB 1 billion.
By Zhihua Zhou - 19 Aug 2016 | 0 comments Read more...
Post 4
Politics,Economy,China

Creating a South China Common Market to Address Hong Kong and Taiwan Issues

A South China Common Market would not only enhance the international competitiveness of China’s economy, but also create a social and economic environment to solve the Hong Kong and Taiwan issues.
Post 4
Economy,Cyberspace,China

Uber China-Didi Deal: Who Gains? Who Loses?

Uber, the world’s most valuable ride-hailing startup with more than USD 13 billion in funding, has agreed to merge its China branch with Didi Chuxing, after suffering from a grueling price war with the local rival.
Post 4
Economy,China

China’s Current Economic Pains

An anonymous “person with authority” said that China’s economic trajectory was experiencing an L-shaped path, involving a sharp decline followed by a long period of flat or stagnant growth. The questions are: when will the decline bottom out, and is it sustainable?
Post 4
Politics,Economy,Hotspots,China

Respecting Brexit

With the referendum of June 23, 2016, Britain has decided to leave the EU. Though this is controversial, there is good reason to respect the outcome of this form of British democracy.
By Dingli Shen - 13 Jul 2016 | 0 comments Read more...
Post 4
Economy,China

The RMB’s Internationalization: A Moderate Way Ahead

A natural corollary of the expansion of China’s economy and its massive financial reform would be the internationalization of the RMB. As an international payments currency, the RMB has leapfrogged from 20th position in 2012 to 5th in 2015.
Post 4
Politics,Economy,Hotspots

Brexit and Asia: Rationality versus Emotion

The June 23 Brexit referendum saw the UK vote to leave the European Union. The exit decision shocked the world with implications not only in the political and economic arenas of the UK and EU, but which also has far reaching repercussions beyond Europe.
Post 4
Economy,China

Moderate Monetary Policies to Temper Exchange Rate Swings

The internationalization of the RMB requires a moderate international monetary environment as well as China’s policy effort. A monetary policy coordination could tone down monetary policies and exchange rate swings and would bring about a less volatile and more even international monetary environment.
Post 4
Economy,China

Processing Exports Remain Crucial to the Chinese Economy

The persistent fall of processing exports is very alarming and challenges the recovery of export growth, as processing exports remains more than one third of China’s exports.
By Yuqing Xing - 11 May 2016 | 0 comments Read more...
Post 4
Economy

Making Sense of the Global Financial Market: “Trust Conspiracy Theories”

The recent turmoil of the world economy triggered by the US interest rate hike can be understood as a result of various conspiracies to profit from exploiting and creating volatilities
Post 4
Politics,Economy,Southeast Asia

Vietnam: New Leadership and the Pressure for Economic Reforms

Economic policies beg for a major update from the implementation of the Doi Moi reforms in 1986. To ensure full integration into the global economy, including fulfilling expectations of the TPP, Vietnam need to do some serious adjustments.
By Huong Le Thu - 25 Apr 2016 | 0 comments Read more...
Post 4
Economy,China

China’s Great Pump Priming

Despite all the policy rhetoric of stabilizing growth, adjusting structures, and preventing financial risks, the policy makers in Beijing have created another round of fiscal-monetary pump priming.
By Ding Lu - 13 Apr 2016 | 0 comments Read more...
Post 4
Economy,China

China’s Stock Market Turmoil: A Painful Lesson for Investors and Regulators

From June 15, 2015, the stock market plunged from over 5,100 points to less than 3,500 points within 20 days, causing widespread panic in the market and significantly weakening investors’ confidence.
By Jing Wan - 23 Mar 2016 | 0 comments Read more...
Post 4
Economy,China

China Facing the Exchange Rate Policy Dilemma

The newly introduced mechanism of setting daily midpoint rates and the public statements by the PBoC and Chinese leaders were inconsistent and confused both domestic and international investors.
By Yuqing Xing - 23 Mar 2016 | 0 comments Read more...
Post 4
Economy,East Asia

Japan’s Economic Woes: Is Helicopter Drop of Money the Cure?

What is the hype that helicopter drop of money is exactly the kind of policy that Japan should seriously consider for getting it out of the quagmire of low inflation and low growth? Will it work?
Post 4
Economy,China

China’s New Push to Reform the State Sector: How Far Can It Go?

A recent article authored by the Party Committee of China’s State-owned Assets Supervision and Administration Commission of the State Council in the Qiu Shi journal has stirred up heated discussions on the direction of China’s state-owned enterprise reforms.
By Sarah Y Tong - 11 Jul 2016 | 0 comments Read more...
Post 4
Economy,China

MSCI Delays Inclusion of China A-Shares: A Blessing in Disguise?

MSCI Inc.’s decision on June 14, 2016 to not include China A-shares in the MSCI Emerging Market Index is seen by some analysts as a blow to the country’s efforts in raising its stock market profile and turning the RMB into an international currency. 
Post 4
Economy,China

What Needs to Be Done to Avert a RMB Crisis

By investing aggressively in various parts of the world, China is transferring its foreign exchange reserves to other countries and intends to earn investment return from these activities. However, due to reasons such as economic slowdown and capital outflow, the balance of the foreign exchange reserves is diminishing.
By Na Xie - 06 Jul 2016 | 0 comments Read more...
Post 4
Economy,China

AIIB: A Viable Win-Win Model for the Global Financial Order?

Initial worries of clashes between the AIIB and existing Bretton Woods institutions such as the World Bank and the Asian Development Bank have subsided with increasing cooperation among these institutions and adoption of similar governance rules.
Post 4
Politics,Economy,Hotspots,China

How Concerned Should China Be about Brexit?

The loss of the “Remain” vote in the referendum puts into question the multibillion dollar Sino-UK cooperation agreements signed during Chinese President Xi Jinping’s state visit to the UK last year, in particular the Hinkley Point nuclear project.
Post 4
Politics,Economy,China

Xi Jinping Promotes One Belt and One Road in Central and Eastern Europe

Chinese President Xi Jinping’s state visits to Serbia and Poland in June 2016 follow his state visit to the Czech Republic just 3 months earlier, underscoring the importance China places on the markets of Central and Eastern Europe.
Post 4
Economy,China

China’s Real Economic Prowess

It is ironic that the world’s largest trading nation still needs other countries to judge its trade status, an indication that China has a long way to go to transform its economic prowess into political power. Can China exercise its economic weight to win more political support?
By Yu Zheng - 15 Jun 2016 | 0 comments Read more...
Post 4
Economy,East Asia

The Mystery of the Yen Surge

In January 2016, the Bank of Japan announced keeping its quantitative easing steady and added the negative interest rate as a monetary policy tool. Strangely, right after the policy announcement, the Japanese yen reversed course and started a drastic rise.
Post 4
Economy,China

Time for Action: Chinese Companies and “One Belt One Road”

The saturated domestic market compels China to export its capabilities to fuel its economic growth. China’s Asian neighbors are facing shortages of capital and technology. By satisfying these needs, China can help its companies to expand overseas and climb up the global industry value chain.
By Xue Gong - 10 Jun 2016 | 0 comments Read more...
Post 4
Politics,Economy,China

16+1 Platform: Extent and Limit of China’s Global Influence

As President Xi Jinping has recently visited the Czech Republic and his visits to Serbia and Poland are expected in the upcoming weeks, it is the right time to assess the state of the relationship between China and Central and Eastern Europe and the developments within the 16+1 framework.
Post 4
Economy,East Asia

Can the New Korean Drama Craze Help South Korea’s Sluggish Economy?

According to a report by the state-run Export-Import Bank of Korea, the direct and indirect economic effects of “Descendants of the Sun” are estimated to total more than KRW 1 trillion (USD 880 million).
Post 4
Economy,China,South Asia

The China-Pakistan Economic Corridor One Year On

It has just been over a year since Chinese President Xi Jinping announced the China-Pakistan Economic Corridor (CPEC) during his inaugural state visit to Pakistan in April 2015. The Pakistani port of Gwadar will commence full operations by the end of 2016. Gwadar is essential to CPEC as it will connect CPEC with shipping on the Arabian Sea.
Post 4
Economy,Security,China

The Maritime Silk Road Plan: A Way Forward for the South China Sea?

The 21st Century Maritime Silk Road plan, along with subtle management tactics and reconsideration of regional customs, sheds light on how the South China Sea issue can be redressed, by providing an alternative that goes beyond the over-politicized and overtly-judicialized hurdles.
Post 4
Economy,China

Tax Administration Reform in China

In December 2015, China announced a plan to address the fragmented structure of tax collection between the State Tax Bureau and the Local Tax Bureau. An updated information sharing system for tax management, the Golden Tax project, is going to be built up in 2016.
By Jiwei Qian - 16 May 2016 | 0 comments Read more...
Post 4
Economy,China

China: Geared towards Precautionary Fiscal Policy

China’s government debt has reached a historical high, causing deep concern among economists, investors and policy-makers worldwide over China’s fiscal sustainability. The Chinese government has recently adopted a precautionary fiscal policy to avoid over-accumulation of government debt.
Post 4
Economy,China,East Asia

The AIIB: Its Impact on Global Financial Governance

The contribution that the AIIB can offer to the global financial governance system is that it will inject new funds and help meet the large financing gap in the global infrastructure sector.  
By Hong Zhao - 14 May 2016 | 0 comments Read more...
Post 4
Politics,Economy,China

Is China a Neocolonial Power in Africa?

China has been very active with its various economic projects in Africa. Does this intense level of economic engagement count as neocolonialism?
Post 4
Economy,China

One Belt One Road: Breakthrough for China’s Global Value Chain Upgrading

China can expand exports of technology and equipment products to the OBOR countries, improving the added value of its export structure, and enhancing China's position in the global value chain.
By Yue Lu - 23 Apr 2016 | 0 comments Read more...
Post 4
Economy,China

How to Make Financial Innovations Work in China

China’s three financial sector regulators are launching major reviews of new innovations implemented in the past few years that have been blamed for the chaos in the financial sector in the second half of last year and early this year.
Post 4
Economy,Society,China

China Launches a Controversial Directive to Open Up Gated Residential Compounds

China’s State Council issued a guideline for urban development on February 21. It states that “in principle, no more enclosed residential compounds will be built. And existing residential compounds will gradually have their interior streets integrated into the public road network.”
By Zhihua Zhou - 19 Apr 2016 | 0 comments Read more...
Post 4
Economy,China,Southeast Asia

Chinese Investments Springing Up in Malaysia

China has been the largest trading partner of Malaysia for six consecutive years since 2009. The trading amount increased from just USD 12 billion in 2000 to almost USD 108 billion in 2014.
Post 4
Politics,Economy,China

Will the Beijing Consensus Follow the Washington Consensus to Oblivion?

The Beijing Consensus is simply three theorems about how to organize the place of a developing country in the world. Just like the Washington Consensus, it contains many ideas that are not all about economics, but also about politics and the global balance of power.
Post 4
Economy,East Asia

Can Tsai Ing-Wen Cure Taiwan’s Economic Illness?

Taiwan’s newly elected president Tsai Ing-Wen plans to set up a quasi-sovereign wealth fund to kick-start innovation-driven industrial development. She wishes to bring Taiwan into the US-led Trans-Pacific Partnership and enhance economic cooperation with several countries beyond China.
Post 4
Economy,China

Iron Silk Road: The Rise of China and the Expansion of High Speed Railways

Regional transportation networks constructed by China will contribute significantly to its leadership in Asia. Transportation networks will provide China with new and diversified supply lines and consumer markets, helping it to spread its regional economic influence.
Post 4
Economy,China

Will Tobin Tax Work in China?

The present market structure of China might give Tobin tax a good chance to succeed if its objective is to stabilize short term capital flow and exchange rate volatility.
Post 4
Economy,China

Credit Where Credit Is Due: Celebrating China's 13th Five-Year Plan

China's 13th Five-Year Plan includes concrete plans for expressways, airports, railways, and urban mass transit. Just as important, it includes an extra USD 93 billion for poverty alleviation.
Post 4
Economy,China

How are Chinese Investors Protected in Investment Agreements?

ISDS provisions are a common feature of trade and investment agreements, and aim to give investors protection from discriminatory treatment by the states who are parties to these agreements.
By Tam Teo - 01 Apr 2016 | 0 comments Read more...
Post 4
Economy,China

2016: A Tough Year for China’s Economy

Although economic deceleration is expected and is not necessarily a terrible outcome for China, concerns over the transition are warranted. Indeed, the economy is facing numerous constraints, domestically and externally.
By Sarah Y Tong - 30 Mar 2016 | 0 comments Read more...
Post 4
Economy,China,Southeast Asia

China’s “Belt and Road” and Southeast Asia: Challenges and Prospects

In 2013 Chinese President Xi Jinping announced the Silk Road Economic Belt and the 21st Century Maritime Silk Road, both of which constitute the “One Belt One Road” (OBOR) development framework.
Post 4
Economy,Central Asia

China And The Eurasian Economic Union: Prospects For The Silk Road Economic Belt

In early May 2015 Chinese President Xi Jinping visited the three founding member states of the recently-established Eurasian Economic Union (EEU): Russia, Kazakhstan and Belarus.
Post 4
Economy,Society,China

China’s Latest Housing Boom: A Resurrection of the Old Development Model?

The recent housing boom in the high tier cities is a product of supportive policies, easy monetary environment, strong demand, increasing price of land, and various informal financing means.
By Zhihua Zhou - 29 Mar 2016 | 0 comments Read more...
Post 4
Economy

Innovation & Economic Growth: A Review of the Productivity Paradox

The importance of innovation which the Chinese government puts on economic growth merits a review of the issue and the lesson of productivity paradox in which the US experienced will hopefully shed some light.
Post 4
Economy,China

The AIIB through the Lens of the ADB

How does the new multilateral development bank appear through the lens of its nearly-half-a-century old predecessor?
Post 4
Economy,China,Southeast Asia

Singapore’s Dollar Defense of 1985 and its Relevance for China

There are valuable lessons that policy makers can draw from the successful defense of the Singapore dollar against depreciation pressure in 1985 and interestingly, the case bear many resemblances to the RMB situation today.
Post 4
Economy,China

China and Global Governance: Breaking Away or Pushing In?

It is necessary to review China’s enhanced yet uneven participation in global and multilateral institutions, and to recognize that China has not been fully included in a few important arenas of multilateral cooperation and governing regime building such as energy.
By Fengshi Wu - 21 Mar 2016 | 0 comments Read more...
Post 4
Economy,China

Is Kyle Bass Right in Predicting a RMB Crash?

Bass’ prediction was based on the possibility of a loan loss of RMB 22.75 trillion (USD 3.5 trillion) that will force China’s banking system to shed 10% of its assets.
Post 4
Economy,China

Is the Super Central Bank Model Coming to China?

Last year, a series of financial crises forced the Chinese authorities to take a closer look at the regulatory setup of the financial system. The most popular replacement strategy suggested is to form a super central bank.
Post 4
Economy,China

Does Poor Trade Performance Spell the End of China’s Export-Oriented Development?

In 2015, China’s total trade in goods contracted by 8 percent. The downward trend continued this year, as export and import in goods contracted by 9 percent and 14.9 percent (year on year) in January.
By Sarah Y Tong - 21 Mar 2016 | 0 comments Read more...
Post 4
Economy

RMB: The Sooner the Depreciation, the Better

If the People's Bank of China did not allow the depreciation pressure of the RMB against the USD to be released, there will be certain costs.
By Ming Zhang - 21 Mar 2016 | 0 comments Read more...
Post 4
Economy,Society

Lines of Flight: The New Ph.D. as Migrant

Migration has since become an important survival tactic for doctorate holders seeking remunerated escape from the retrenchment of the American academic job market.
Post 4
Economy,China,East Asia

Innovative Dynamism in the Dragon's Habitat

China has begun to maximize the deployment of its brain power intensively to transition into a knowledge-based economy with extensive R&D investments.
By Jong-Hak Eun - 11 Mar 2016 | 0 comments Read more...
Post 4
Economy,China

Africa And China’s 21st Century Maritime Silk Road

Chinese investment and economic engagement in Africa can be expected to intensify under China’s development plans for what it has described as the 21st Century Maritime Silk Road.
Post 4
Economy,Southeast Asia

Laos And The Silk Road Economic Belt

In his April 2014 meeting with the visiting Laotian Prime Minister Thongsing Thammavong, Chinese President Xi Jinping highlighted the need for China and Laos to intensify their comprehensive strategic partnership to achieve their national development goals.
Post 4
Economy,China,Southeast Asia

“A New Type of International Relations”: Xi Jinping's 2015 State Visits to the UK, Vietnam, and Singapore

In his address to the United Nations General Assembly in late September 2015, Chinese President Xi Jinping advocated for a new type of international relations that is based on practical win-win cooperation.
Post 4
Economy,China

Different Perceptions of China’s “One Belt One Road” Initiative

After Beijing proposed the One Belt One Road initiative in 2013, some Western commentators expressed fear and concern that China will use it for narrow political or economic ends.
By Hong Zhao - 06 Mar 2016 | 0 comments Read more...
Post 4
Economy,Central Asia

The 2015 BRICS-SCO Summits In Ufa: New Developments In Multilateralism

In mid-July 2015 the Russian city of Ufa was the venue for the 7th BRICS (Brazil, Russia, India, China, South Africa) Summit and the 15th SCO (Shanghai Cooperation Organization) Summit.
Post 4
Economy,China

China’s Transition To The “New Normal”: Challenges And Opportunities

In May 2014, Chinese President Xi Jinping raised the issue of China’s transition to a “new normal,” calling on the Chinese people to remain calm in the face of the economic slowdown.
Post 4
Economy,China

Trans-Pacific Partnership: The View From China

On October 5, 2015 in Atlanta, trade negotiators from the US and eleven of its allies in the Pacific Rim reached final agreement on the Trans-Pacific Partnership, sending the trade agreement back to their national legislatures for final ratification.
Post 4
Economy,China,Southeast Asia

Recent Developments In Sino-Vietnamese Relations

On June 29, 2015, Vietnam joined the other founding members of China’s Asian Infrastructure Investment Bank (AIIB) in signing the bank’s articles of agreement.
Post 4
Economy,China

Latin America And China's “New Normal”

Chinese Premier Li Keqiang’s inaugural visit to Latin America in May 2015 highlighted the shift in China’s economic engagement with the region.
Post 4
Economy,China,Southeast Asia

Sino-Cambodian Relations: Recent Economic and Military Cooperation

In a conference on Sino-Cambodian cooperation held in June 2015, Bu Jianguo, China’s ambassador to Cambodia, identified Cambodia as being located on China’s 21st Century Maritime Silk Road development plan.
Post 4
Politics,Economy,South Asia

“Iron Brothers”: Sino-Pakistani Relations and The China-Pakistan Economic Corridor

In his first state visit to Pakistan on April 20, 2015, Chinese President Xi Jinping announced a massive package of investments in Pakistan’s infrastructure.
Post 4
Economy,China

The Middle East and China's “Belt and Road”: Xi Jinping's 2016 State Visits to Saudi Arabia, Egypt, and Iran

For his first overseas tour of 2016, Chinese President Xi Jinping visited 3 key nations in the Middle East: Saudi Arabia, Egypt, and Iran.
Post 4
Economy,China

The US, China, and the AIIB: From Zero-Sum Competition to Win-Win Cooperation?

The unexpected support from the UK and other US allies for the AIIB shows that many countries don’t share the US’ understanding of the AIIB as representing a zero-sum competition for global influence.
×
System remindX
System remindX