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Lai Xiaomin, China Huarong Asset Management Co Chairman, poses during an interview with Reuters on the sidelines of China's National People's Congress (NPC), in Beijing, China March 7, 2017. Picture taken March 7, 2017. REUTERS/Shu Zhang (China)
The Chinese State Guarantee
2021-05-21
Moral Hazard Moral hazard has been a problem in Chinese capital markets since they were founded.  Basically, the idea is that the government will always be there to orchestra a bailout of a failing c……
Japan's Prime Minister Yoshihide Suga and U.S. President Joe Biden hold a joint news conference in the Rose Garden at the White House in Washington, U.S., April 16, 2021. REUTERS/Tom Brenner (United States)
Japan's Prime Minister Yoshihide Suga and U.S. President Joe Biden hold a joint news conference in the Rose Garden at the White House in Washington, U.S., April 16, 2021. REUTERS/Tom Brenner (United States)
Is Taiwan ready for the “US-Japan-Taiwan Alliance”?
2021-05-18
On April 16, 2021, Japanese Prime Minister Yoshihide Suga became the first foreign head of state to meet with US President Joe Biden at the White House since the latter took office. The summit was hel……
FILE PHOTO: An oyster farmer walks in front of China's Xiamen, ahead of the 60th anniversary of Second Taiwan Straits Crisis against China, on Lieyu Island, Kinmen County, Taiwan August 20, 2018. REUTERS/Tyrone Siu/File Photo To match Special Report HONGKONG-TAIWAN/MILITARY
FILE PHOTO: An oyster farmer walks in front of China's Xiamen, ahead of the 60th anniversary of Second Taiwan Straits Crisis against China, on Lieyu Island, Kinmen County, Taiwan August 20, 2018. REUTERS/Tyrone Siu/File Photo To match Special Report HONGKONG-TAIWAN/MILITARY
Not So Quiet on the Taiwan Front?!
2021-04-30
1. Warning from a senior U.S. official “Taiwan is clearly one of their [China’s] ambitions before then. And I think the threat is manifest during this decade, in fact in the next six years.” Philip ……
Chinese President Xi Jinping meets with German Chancellor Angela Merkel, French President Emmanuel Macron, President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen via video link in Beijing, capital of China, Dec. 30, 2020. During the meeting, Xi and the European leaders announced that the two sides have completed investment agreement negotiations as scheduled. (Xinhua/Li Xueren)
Chinese President Xi Jinping meets with German Chancellor Angela Merkel, French President Emmanuel Macron, President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen via video link in Beijing, capital of China, Dec. 30, 2020. During the meeting, Xi and the European leaders announced that the two sides have completed investment agreement negotiations as scheduled. (Xinhua/Li Xueren)
Regional Comprehensive Economic Partnership Agreement (RCEP) and EU-China Comprehensive Investment Agreement —— Impact on China and the global economy
2021-04-18
After eight years negotiations, the Regional Comprehensive Economic Partnership Agreement (RCEP) was formally signed on the afternoon of November 15, 2020. It is the largest global FTA ever and is a c……
March 3, 2021, Taipei, Taiwan: Tsai Ing-Wen (C), Taiwanese President and chairwoman of the DPP, seen holding a placard during a press conference at the Democratic Progressive Party (DPP) office..In response to China's ban on exports of Taiwan-grown pineapples, the Taiwan government is promoting local products based on home grown pineapples. (Credit Image: © Walid Berrazeg/SOPA Images via ZUMA Wire)
March 3, 2021, Taipei, Taiwan: Tsai Ing-Wen (C), Taiwanese President and chairwoman of the DPP, seen holding a placard during a press conference at the Democratic Progressive Party (DPP) office..In response to China's ban on exports of Taiwan-grown pineapples, the Taiwan government is promoting local products based on home grown pineapples. (Credit Image: © Walid Berrazeg/SOPA Images via ZUMA Wire)
Both Hard and Soft Measures Together? Or Hard and Soft Measures Mutually Cancelling One Another? –Examining the Taiwanese Pineapple Import Ban
2021-04-02
1. The Pineapple Import Ban–A Trade Issue or a Government Issue? On February 26, 2021, the Chinese government (Department of Supervision on Animal and Plant Quarantine under the General Administratio……
Global Britain in a competitive age: The Integrated Review of Security, Defence, Development and Foreign Policy. (Published by Cabinet Office)
Global Britain in a competitive age: The Integrated Review of Security, Defence, Development and Foreign Policy. (Published by Cabinet Office)
Britain’s Integrated Review
2021-03-23
Chilly in Springtime It may be springtime in capitals in the Northern hemisphere, but it remains decidedly chilly when it comes to relations between the US, EU, UK, and China.  All three in their own……
Representatives of members of Trans-Pacific Partnership (TPP) trade deal in Santiago, Chile March 8, 2018. REUTERS/Ivan Alvarado (Chile)
Representatives of members of Trans-Pacific Partnership (TPP) trade deal in Santiago, Chile March 8, 2018. REUTERS/Ivan Alvarado (Chile)
Britain looks for a Role
2021-02-11
Finding a role Since the Brexit referendum in 2016 there has been a continual cry from the victors to hurry up and get Brexit done.  It took until the end of 2020 before the formal and effective exit……
President Donald Trump gestures as he boards Marine One on the South Lawn of the White House, Wednesday, Jan. 20, 2021, in Washington. Trump is en route to his Mar-a-Lago Florida Resort. (AP Photo/Alex Brandon)
President Donald Trump gestures as he boards Marine One on the South Lawn of the White House, Wednesday, Jan. 20, 2021, in Washington. Trump is en route to his Mar-a-Lago Florida Resort. (AP Photo/Alex Brandon)
Erasing Trump
2021-01-29
Mr Biden is moving at record speed to undo anything Trump did. So fast as to be dangerous possibly increasing the danger of war, as will be seen. Before erasing it Mr Biden should ask whether the Tru……
An autonomous vehicle drives along a road as it collects iron ore at Australia's Fortescue Metals Group (FMG) mine in the Pilbara region, located south-east of the coastal town of Port Hedland in Western Australia, November 29, 2018. Picture taken November 29, 2018. REUTERS/Melanie Burton (Australia)
An autonomous vehicle drives along a road as it collects iron ore at Australia's Fortescue Metals Group (FMG) mine in the Pilbara region, located south-east of the coastal town of Port Hedland in Western Australia, November 29, 2018. Picture taken November 29, 2018. REUTERS/Melanie Burton (Australia)
Power games among major powers as seen in the analysis of high ——prices of bulk commodities such as iron ore and coal
2021-01-27
At the end of 2020, iron ore and coal prices drastically soared in the global market. These two raw-material-level primary products are closely related to our lives, and steelmaking requires large qua……
Workers clean up signboards outside a retail center in Wuhan in central China's Hubei province on Saturday, Jan. 16, 2021. China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with disease flare-ups. (AP Photo/Ng Han Guan)
Workers clean up signboards outside a retail center in Wuhan in central China's Hubei province on Saturday, Jan. 16, 2021. China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with disease flare-ups. (AP Photo/Ng Han Guan)
The Dangerous Allure of China in a Post Covid World
2021-01-26
Least Bad Economy Little over a year ago this column (EN 796 / JP 815) when looking forward to the coming decade saw difficult years ahead for China.  Slowing economic growth, growing state and priva……