Economy & Trade
  • BRICS should close ranks against protectionism
    2018-07-26 Liu Zongyi
    The 10th BRICS Summit kicked off Wednesday in Johannesburg, South Africa. Under the theme "BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution," the summit has designed an extensive out... [FULL TEXT]
  • IS THE BRIC FUTURE ON TRACK——10TH BRICS Summit at Critical C...
    2018-07-26 Dan Steinbock
    Even amid trade wars and eroding global growth prospects, the large emerging BRIC economies remain positioned to surpass the largest advanced economies in about 15 years. The 10th BRICS Summit will take place in Johannesburg, South Asia. Le... [FULL TEXT]
  • Implications of the CIIE
    2018-05-18 Zhang Haibing
    Global trade governance faces unprecedented challenges. The World Trade Organization (WTO) has made limited progress in rulemaking for global trade, while regional free trade agreements (FTAs),bilateral FTAs, and national legislators of maj... [FULL TEXT]
  • How China Can Respond to Trump’s Tariff War
    2018-04-19 Dan Steinbock
    In the trade war against China, the White House’s “America First” advocates are relying on trade instruments that contained Japan’s rise in the 1980s. But China is not Japan. It has ten ways to hit back.On Tuesday, China said it would impos... [FULL TEXT]
  • Time to Safeguard Global Free Trade
    2018-04-10 Dan Steinbock
    For a year, President Trump has promoted global division and trade friction, while China has defended global trade and cooperation. It is time to defend the open, global economy.If President Xi Jinping’s speech was highly anticipated in the... [FULL TEXT]
  • The Petroyuan Shift: The Eclipse of the Petrodollar Monopoly
    2018-04-09 Dan Steinbock
    As oil can now be traded with RMB-denominated contracts, the rise of the petroyuan will accelerate the internationalization of the Chinese currency as investors begin to increase their allocations into Chinese financial assets. In late Marc... [FULL TEXT]
  • How Transparency International’s Corruption Perceptions Fail
    2018-03-18 Dan Steinbock
    The conventional view is that advanced economies have subdued corruption, which burdens mainly emerging countries. An alternative view is that dominant corruption indices are biased against emerging economies.In the most recent Corruption P... [FULL TEXT]
  • America’s New Steel and Aluminum Protectionism
    2018-02-27 Dan Steinbock
    Now that the White House seeks to turn China’s steel and aluminum overcapacity into a national security matter, America’s new protectionism risks international trade discord. Following a trade investigation of imports, U.S. Department of Co... [FULL TEXT]
  • The Philippine Dream Could Be Within the Reach
    2018-02-12 Dan Steinbock
    If the government’s focus remains on inclusive economic development, the Philippines could become a bright spot in the global landscape. Today, there is a huge gap between the Philippines as it is portrayed by many international observers a... [FULL TEXT]
  • China hopes to get past obstacles in Nepal economic ties
    2017-12-05 Liu Zongyi
    Nepal is on the UN list of least developed countries (LDCs), and even though it has considerable potential, Chinese investors have found that it is hard to do business there.In November, the Nepalese government decided to abandon a $2.5 bil... [FULL TEXT]