Tag "China"
What Xi Jinping’s visit means for South Korea
In early July, Xi Jinping made a monumental visit to South Korea before visiting North Korea for the first time. China shows willingness to engage in a closer relationship with South
3 implications of Japan’s revision of weapons exports rules
Loosening of principles guiding weapons exports will boost the Japanese defense industry and relations with the US. But it will come at the cost of its image as a pacifist
Three keys to nuclear talks with Iran
The P5+1 and Iran agreed in July to a four-month extension of talks on a permanent agreement on Iran’s nuclear program. The course of these talks over the past six
How BRICS’ new bank will challenge the West
BRICS countries have launched the New Development Bank with the aim of boosting infrastructure investment. The new bank may not become a key lender in the world economy but could challenge
Will North Korea do a 4th round of nuclear tests?
Fears of a fourth round of nuclear testing and gradual increases in displays of military might by North Korea have left the Korean peninsula, and both sides’ allies, unsettled. On July 15,
Chile passes ambitious reforms to avoid middle-income trap
When Chilean president Michelle Bachelet and her center-left coalition won the election last year, it was clear that reform was on her mind. President Bachelet and the National Congress have
Azerbaijan’s energy future depends on tightrope diplomacy
Surrounded by regional and international heavyweights, Azerbaijan must use its specific brand of diplomacy if it is to realize its economic aspirations. With the EU clamouring for energy diversification and Washington
Korea and Japan suffer from Chinese competition
Samsung’s declining profits and a Japanese stock market slide show how Japan and Korea struggle with declining foreign demand and Chinese competition. One of Korea’s biggest corporations, Samsung, announced that its second-quarter
Why emerging market leaders should read Thomas Piketty
Thomas Piketty brought the debate over wealth inequality into the limelight in the US and Europe, but it could have an even larger impact on emerging and frontier markets. Six
China expands Asian Infrastructure Investment Bank proposal
As border disputes heat up between China and its neighbors, the Chinese government kept up its push for a financial institution that would benefit the Asian countries at large. But will this whole
