ABOUT THE AUTHOR
Henry Hing Lee Chan:
By Henry Hing Lee Chan - 05 Sep 2016
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.
By Henry Hing Lee Chan - 08 Jul 2016
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.
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.
The domestic conditions that Trump has addressed in this US presidential election include a yearning for a restored middle class, a sense of increasing economic insecurity, and anger over wage stagnation and widening inequality. This domestic-centric sour national mood will spill over into US foreign policy.
Rodrigo Duterte won the 2016 presidential election in the Philippines with a convincing victory. Duterte’s Trump-like rhetoric has caused considerable anxiety among the country’s ASEAN neighbors with regards to the South China Sea impasse.
Greenpeace recently released its China air quality survey for the first quarter of 2016 and the results indicate improvements in most parts of the country. PM 2.5 levels across 355 Chinese cities surveyed fell 9 percent as compared to the same period in 2015.
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.
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.