Economy

China Posts Record Economic Growth

China’s economy posted a record growth rate in the first quarter compared with the same period last year, when the country was in the midst of a crushing lockdown to control the spread of the coronavirus.But compared with the last quarter of 2020, the growth rate slowed, official figures show, raising questions about the strength of the recovery over the rest of this year.

16 April 2021
0

Malaysia: Reimagining FDI In A COVID Economy

On the first anniversary of the Muhyiddin Yassin administration, the stage is set for the next lap of Malaysia’s economic development which would include a continuing reliance on foreign direct investment (FDI). Prime Minister Muhyiddin Yassin has said that Malaysia continues to attract foreign direct investment (FDI), including Fortune 500 companies.

13 March 2021
0

What Could Cause A US-China War?

When China’s foreign minister, Wang Yi, recently called for a reset of bilateral relations with the United States (US), a White House spokesperson replied that the US saw the relationship as one of strong competition that required a position of strength.

3 March 2021
0

A Plague Year: What We Learnt

It is probably premature to offer an assessment of the COVID-19 pandemic’s possible consequences, not least because there may well be many more twists and turns to come. And once we defeat the coronavirus, some of the pandemic-induced changes to our lives might turn out to have been temporary.

11 February 2021
0

MCO 2.0: Malaysia Battling To Stay Alive

In the wake of the imposition of another movement control order (MCO 2.0) in Malaysia, manufacturing players, mid-tier companies (MTCs) and small-and-medium-sized enterprises (SMEs) have been galvanised to rally under Industries Unite as a broad coalition representing the interests of industries and businesses. In what’s a parallel “movement” on the public health front – where experts and medical professionals have been calling for a recalibration and fine-tuning of the COVID-19 cont

6 February 2021
0

Prevent The Next Food Crisis Now

The toxic cocktail of climate change, conflict, and COVID-19 is making itself felt most intensely in the world’s poorest and most vulnerable countries. As a result, a record 235 million people worldwide will need humanitarian assistance and protection in 2021 – an increase of 40 percent from last year. It can be hard to wrap one’s head around such numbers. But behind the statistics are individual human lives.

1 February 2021
0

Amend Philippine Constitution Now, Later Or Never?

The Philippine 1987 Constitution thus far has many provisions with strong restrictions on the flow of foreign capital in some areas of economic activities and these include: (a) the first provision concerning the prohibition to foreigners to own land; (b) the exclusion of foreigners from the exploitation of the country’s natural resources; and (c) the limitation placed on foreign capital in the public utility sector. Under the 1987 Constitution of the Philippines, these limitations a

10 January 2021
0

Europe After Brexit

“The UN (United Nations) was not founded to take mankind to heaven, but to save humanity from hell,” the UN second secretary-general, Dag Hammarskjöld, once said. The hell he had in mind, of course, was World War II and the Shoah, next to which most of today’s challenges pale in comparison.

8 January 2021
0

Europe And China’s Year-End Breakthrough

Kudos to the European Commission (EC) for finalising a new investment agreement with China. Europe’s active diplomacy also played a role in China’s recent commitment to achieve carbon neutrality by 2060 – a decision that was quickly followed by Japan’s pledge to decarbonise by 2050.

4 January 2021
0

Whose Post-Pandemic Century?

In the early stages of the COVID-19 pandemic, it was common to divide countries and their responses according to their political systems, with many attributing China’s success in controlling the virus to its authoritarianism.

31 December 2020
0

China Hails Its 'Amazing' Handling Of COVID-19

China's ruling Communist Party leaders have congratulated themselves on their "extremely extraordinary" success in handling the COVID-19 outbreak domestically, ahead of a World Health Organization (WHO) probe into the disease's origins.China faced a barrage of criticism at home and abroad over its initial handling of the virus, which emerged in the central city of Wuhan last December.China's Politburo, the top decision-making body of the Communist Party, said late Fri

27 December 2020
0