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Asia Pacific Politics

Historic cross-strait talks signal a new step in relations

Unfortunately, improved cross-strait economic ties do little to resolve the status quo, as the final objectives of Beijing and Taipei remain fundamentally irreconcilable. At the first governmental meeting since they split apart

Economics Europe

Will Sochi Winter Games thaw Russia’s rigid economy?

A mega event, such as the Olympics, does not necessarily bring short-term economic gains to the host country. But hosting may lead to a freer market economy down the line.

Asia Pacific Finance

Bitcoin offers free currency movement in China, for now

The digital currency could push China into making tough decisions about liberalizing its financial system. Although Bitcoin is designed to be a decentralized currency that can be used the world

Asia Pacific Economics

China-Australia FTA blocked by industry fears

Australia now is growing impatient in cementing a free trade agreement (FTA) with China. In early October, new Australian Prime Minister Tony Abbott indicated his intention for securing a watered

Asia Pacific Security

Will South China Sea exacerbate Asia’s slowdown?

With rising regional tensions, speculation is rampant as to whether the situation in the South China Sea will hasten Asia’s economic slowdown. The global community has recently been confronted by

Asia Pacific Economics

China’s North Korea Investments Safe Despite Export Ban

Investing in a place like North Korea is always fraught with danger, yet China’s assets in the hermit kingdom remain safe despite the export ban. Political risks are the major

Asia Pacific Economics

Is China’s Housing Bubble About to Burst?

In the past few months, the debate surrounding China’s housing bubble has become increasingly controversial. Many fear that the housing bubble is about to burst, and some argue that this

Asia Pacific Finance

China to Audit Local Governments and Reduce Financial Risk

On July 28th, China’s National Audit Office (NAO) announced that it will conduct a nationwide audit of government debt as Beijing tries to ascertain the financial risks to China’s continued