China

Xi Jinping’s Massive Urban Monument to Himself

In a bid to decongest the sprawling and polluted capital of Beijing, the government is developing a “subsidiary capital” covering 2,000 sq. km. about 160 km. south of the capital city that President Xi Jinping ...

China’s Coming Debt Crisis

The problem of debt in China is not the bursting of a bubble. It is much worse. As the Middle Kingdom approaches the worldwide record of accumulated debt, productivity losses are becoming increasingly apparent....

Historic Climate Pact Endangered

US President Donald Trump’s campaign promise to “cancel the Paris Agreement” is one step closer to reality after leaders from the Group of 20 richest economies backtracked on pledges to allocate $100 billion pe...

Obama’s Tilt to Asia: Too Little, Too Late

Donald Trump is encountering a fusillade of criticism alleging that his approach to Asia is creating a vacuum that will be eagerly filled by Beijing.  But those making this argument would be much more honest if...

Can Asia Compete for Regional Airplanes?

The year 2017 is shaping up to be a banner year for commercial airplane makers. Boeing and Airbus, makers of the “big jets,” will introduce new models this year, as will the two big makers of “regional” airline...

A New Asian Great Game Gets Underway

Not one but two new Silk Roads are being born from the ashes of the ancient trade routes that were for centuries central to cultural interaction through regions of the Asian continent. In effect, a new Great...

TPP’s Demise Doesn’t Mean China’s Outright Victory

With the US-led Trans Pacific Partnership (TPP) now officially in limbo after President Donald Trump backed out, Asian markets are open for China to dominate. That is the analysis that has dominated the worl...

China and the US Contradict Each Other on Trade

“Pursuing protectionism is like locking oneself in a dark room,” said China’s President Xi Jinping at the World Economic Forum in Davos. “Wind and rain may be kept outside, but so is light and air.” Is China th...

Australia and a US–China Trade War

It’s time for Australia to get ready for a trade war between the United States and China. Our security alliance partner looks set to pick a fight with our biggest customer. And all this on the back of the US...

Economic Outlook 2017: China

China’s economic challenges and risks are expected to mount this year as the country continues to pump in credit to keep growth from skidding to a halt. After last year’s gross domestic product growth of 6.7...