The United States and China both have an overriding interest in keeping the peace.
House Democrats who’ve been interfering with President Barack Obama’s ability to negotiate the Trans-Pacific Partnership are missing something very important: The trade deal isn’t primarily significant because of the economy. It matters because it’s part of the broader American geostrategic goal of containing China -- which pointedly hasn’t been invited to join the TPP. In the new cool war, China’s rising economic influence is giving it greater geopolitical power in Asia. The TPP is, abo…
In the late-1980s, the financial world created Asia Ex-Japan, a new category of investment to deal with what was then the world's second-biggest economy. The idea was that Tokyo's market was so big, and its valuations had diverged so widely from its peers, that Japan and the rest of the region each warranted its own asset class.
It might seem very normal for some people, but for me, it was a spectacular premiere. Never in my life did I go to a cinema to watch a movie at that hour – especially this kind of movie. The screening began around 10 o’clock in the morning and the audience was rather small. But even that I found very special. It was very silent, but still, the atmosphere was in some way quite tense. I thought it is a special time for a special movie. According to the director, Wang Xiaoshuai,…
In recent weeks, much of the debate on China has centered on the idea that it is "too big to be ignored," meaning the rest of the world would inevitably need to own its equities and currency. But now it’s set for a reality check.
Singapore, which I'm visiting at the moment, opens your mind to the highly improbable. Rich, ethnically diverse, cheerfully efficient, globalized in the extreme, it's a man-made economic miracle -- astonishing proof of what market forces combined with superb top-down direction can achieve.
Investigations are still underway after the US Office of Personnel Management (OPM) said last week that its networks were breached and personal data of around 4 million current and former government employees may have been leaked. Over the week, the hacking issue has been hyped up by the US media who have implied China is behind the attack.
Strange things are happening in the South China Sea. In the past 18 months, Beijing has reclaimed 2,000 acres of land, converting several submerged reefs and rocks into fully fledged “islands”. Beijing’s land-reclamation efforts have dwarfed those of other countries, notably the Philippines and Vietnam, which have rival claims to the nearby Spratly Islands. China is also constructing piers, harbours and multistorey buildings (though there is no Fifa football stadium yet). On Fiery Cross Ree…
China and the US are close to solving one of the most knotty problems that have dogged their relationship for years. It has to do with repatriation of fugitives, who have committed serious economic offenses in China, before escaping to the US.
China has around 300 million smokers and every year roughly one million people die from smoking-related illnesses. More than half of the male population smokes.
The Obama administration’s negative response to China’s proposed Asian Infrastructure Investment Bank was a strategic mistake. Though some Chinese moves might be destabilising and require US resistance, this initiative should have been welcomed.
Chinese military officials attending a major security conference in Singapore over the weekend made clear that they have no intention of halting their aggressive activities in the South China Sea, and they are confident that US President Barack Obama is not going to be able to stop them.
The different implications of China’s rise were touched upon in my last two opinion pieces. This time another interesting statistic highlights its huge impact on the Chinese society and China’s image abroad. It is no surprise that the thriving Chinese economy has created a wealthy strata of urban population. During the last 30 years of continuous economic opening and the shift from huge state-owned sector to private businesses as the main force for growth, the accumulation an…
Despite US plan of sending military aircraft and ships close to the Nansha Islands where China is accelerating its land reclamation efforts, a China-US military conflict is unlikely to happen in the disputed South China Sea, as it is detrimental to the common interests of both countries in the region.
Xi Jinping's "One Belt, One Road" project is about expanding and securing maritime routes to the Middle East and Europe.
When people try to evaluate China’s global rise, they normally talk about economics statistics, important policies or cultural developments. But during the last 30 years of China’s successful economic modernization, another sublime phenomenon has always accompanied that process. When the People’s Republic of China first opened up to the West in the late 1970’s, one of the first things it did was to re-establish educational exchanges with the West. Education was an…
Hordes of people wearing same-color shirts and caps, happily posing for group pictures and forming a huge crowd wherever they go is another emerging trend in Chinese overseas travel.
The longer China's economy stalls, the lonelier Zhou Xiaochuan, governor of the People's Bank of China, is certain to get.
Recently the World Health Organisation (WHO) revealed that more than 200,000 people get killed by car accidents in China every year.
Lei Jun, founder and chief executive officer of Xiaomi, uses a Mi 4i phone during its launch in New Delhi April 23, 2015. Photo: Reuters Last week, Lei Jun, founder of China's largest smartphone maker Xiaomi, presented himself and his company in India. The crowd applauded the speaker, although not many understood him very clearly. The video of the presentation was subsequently uploaded on big video platforms, and caused a big wave of mocking voices. Many Chinese expressed emba…