Recently issued rules from the country’s ominous-sounding “Ministry of Communications and Information Technology” have India’s web junta fuming in indignation.
Recently issued rules from the country’s ominous-sounding “Ministry of Communications and Information Technology” have India’s web junta fuming in indignation.
U.S. experts and politicians are starting to hone into the ‘dangers’ of R&D and technology transfers to China, as the most serious long-term threat to the U.S. economy and national security. U.S. comparative advantage (innovation and new technologies) is being undermined by outsourcing of manufacturing to China, the relocation of R&D facilities to Chinese tech-parks, […]
Once again, inflation increased in China last month by more than economists expected, as rising commodity costs and inflows of capital threaten to overheat economies across Asia. China’s consumer prices rose 5.4% from a year earlier, the fastest pace since 2008, according to statistical reports coming out of China. Four interest-rate increases in China since […]
The emergence of Brazil, Russia, India, China, and now South Africa to compose the so-called BRICS Summit met in Hainan, China (Apr 14-15, 2011) to discuss global economics, trade cooperation and developments in Japan and Libya. The emergence of this economic bloc could become an alternative voice on the world stage to Western dominated world finance and politics.
A new study by The Economic Strategy Institute (ESI), commissioned by the U.S.-China Economic and Security Review Commission, called “The Evolving Role of China in International Institutions”, takes a thorough look into China’s growing influence in international organizations. The report contains two truisms, ten trends, seven recommendations, and a number of case studies on China’s […]
Thomson Reuters Point Carbon is reporting this morning that China is going to launch carbon-trading schemes in six regions before 2013. If all goes well, that will then lead to a nationwide carbon trading platform by 2015. According to the report (which is sitting behind a pay-wall or I would link to it), the areas […]
Last week, Chinese Premier Wen Jiabao called for political reform once again, while at the same time he rejected (again) any comparisons between his country and the autocracies now collapsing in North Africa and the Middle East. Premier Wen is right when he says that the current socio-economic conditions in China are nothing like the […]
Continuing coverage on the Rise of State-sponsored Capitalism” href=”http://globaleconomy.foreignpolicyblogs.com/2009/05/09/the-rise-of-state-sponsored-capitalism/” target=”_blank”>I’ve written about frequently here in my Global Markets blog — namely the Chinese state’s spin on capitalism. Though there were many critics early on — and still are in many quarters — who argued that China’s state-managed version of capitalism was unsustainable, it seems the long-term sustainability of so-called ‘State Capitalism‘ has been proven, and is even gathering steam in unlikely places — India, Cuba, Vietnam and the Middle-East to name a few — with great success. It’s a trend that Western financial centers should be attuned to, nor should it be dismissed as the global financial architecture continues to evolve following the global financial crisis.
Last week’s ruling by the WTO Appellate Body on the U.S. trade remedies regime went mostly unnoticed, due to the dramatic developments in Japan and Libya. However, its implications could be significant… thought not immediate. The Appellate Body reversed a previous panel decision which allowed the U.S. government to apply higher tariffs to imports from […]
Amongst all the political upheaval in the Middle East and North Africa, with people rising against dictatorial regimes in Tunisia, Egypt, Libya, Yemen and elsewhere, this week China embarked on its annual legislative session. The legislative session of the National People’s Congress, which officially enacts legislation, will rubber-stamp the government’s 12th Five-Year-Plan (2011-2015), which was […]
TAPI Signatories in Ashgabat The Turkmenistan-Afghanistan-Pakistan-India pipeline or TAPI is a 1,680 km (1,050 m) natural gas line originating in the Daulatabad gas fields in southeastern Turkmenistan. It crosses Afghanistan and continues on through Pakistan ending in Fazilka, a northwestern Indian city close to the India-Pakistan border. TAPI is one of the largest pipelines in […]
Long viewed as a safe investment in times of economic turmoil, the US dollar, also known as ‘Greenbacks,’ may be losing its safe haven appeal as it suffers strong downward pressures resulting from rising oil & commodity prices, high Federal budget deficits, soaring national debts and economic uncertainty in the aftermath of several financial crises.
I flagged an event to you recently, “The Climate for Renewable Energy,” cosponsored by the government of Navarra and NYU’s Center for Global Affairs. There were some excellent presentations made by the impressive group of panelists assembled for the evening. The President of Navarra, Miguel Sanz Sesma, noted that his province has developed a “comprehensive […]
By now, everyone monitoring the developments in the Middle East can’t help but liken them to dominos: once the first dictatorship fell (in Tunisia), the rest were just a matter of time. Of course societies do not behave like toys – what is common among the revolting populations of the Middle East is that they […]
News and Media coverage in China, is generally not my area of expertise… but this is the best account I have seen of the reaction by China’s authorities on developments in Egypt. Willy Lam has an intimate knowledge of developments in China, which is why I am reproducing his recent commentary on Beijing’s response to […]