This currency war reminds me of an old Chinese saying: ‘Even when right a scholar cannot win an argument with a soldier’
Opening economies up to international commerce, ideas and migration has lifted billions out of poverty and brought prosperity to much of the world. But that success...
Many Asian emerging market economies (EMEs) hold an enormous amount of US dollar-denominated reserve assets as a mean of self-insurance against potential financial instability. A large...
China is Cambodia’s biggest aid provider and Chinese investors hold almost a quarter of Cambodia’s total FDI stock. Distinguishing Chinese aid from investment is difficult, but...
China’s financial reform and development over the past four decades could be described as strong in establishing financial institutions and growing financial assets, but weak in...
But what exactly is the China model and does it pose a threat to the Western model of liberal democracy and free markets?
Why is Chinese investment edging out traditional sources of lending, namely development institutions and banks? As with many external policy choices, domestic factors are key.
Both Malaysia and the Philippines recently announced plans to return waste from Western countries that had improper labelling.
