Economy

Vietnam’s Strong Virus Response

A strong response to the coronavirus pandemic, surging exports and healthy public spending have helped Vietnam buck a global recession in 2020 and fast-track its recovery, with analysts predicting it will likely enjoy one of the highest growth rates in the world.But the pain is not over for some sectors with containment measures and border disruptions hammering the country's tourism industry, and leaving the once-booming aviation sector limping.While many countries have suffered from hig

17 December 2020
0

Australia’s China Problem

Australia’s China problem – official contacts frozen and many of our exports under siege – is now gaining attention far beyond our shores.

8 December 2020
0

A Tale Of Two Chinese Cities

On 14 October, Chinese President Xi Jinping visited the southern city of Shenzhen, where he delivered a speech celebrating 40 years of progress since the special economic zone (SEZ) was established there and set a path for the future. A month later, Xi headed to Shanghai’s Pudong district – which was designated China’s first “new area” 30 years earlier – for the same purpose.

24 November 2020
0

Can America Rewrite Its China Trade Contract?

Once United States (US) President-elect Joe Biden’s administration has made the relatively easy decisions to rejoin the Paris climate agreement, remain in the World Health Organization (WHO), and attempt to reboot the World Trade Organization (WTO), it will confront three key foreign-policy issues.

19 November 2020
0

Power Shift: China’s Post-COVID Rise

The inevitable rise of China as a global power that is increasingly challenging the supremacy and hegemony of the United States (US) both in the Asia Pacific and the world has been one of the dominant issues that has received a great deal of media coverage. Both locally and internationally, it continuously predominates attention in foreign policy circles and among local and international academics and experts of international relations and global politics. And in as far this

1 November 2020
0

Shenzhen’s Game-Changing Reform

Early this month, on the 40th anniversary of Shenzhen’s designation as a (SEZ), Chinese President Xi Jinping unveiled a blueprint for building the city into a trade, finance, and technology hub. Most China-watchers have focused on what this means for Hong Kong, Shanghai, or at most the Guangdong-Hong Kong-Macau Greater Bay Area.

28 October 2020
0

Vietnam: ASEAN’s New De Facto Leader?

Vietnam, as the current Chair of the Association of Southeast Asian Nations (ASEAN) for 2020, has been actively involved with the association since 1995 when it joined the bloc with the aim of bringing all Southeast Asian countries together to promote regional peace, freedom, and prosperity. Vietnam has been making great strides in projecting itself as an effective leader, particularly with its proactive governance in handling the COVID-19 pandemic, climate change policy, and for its

17 October 2020
0

Don’t Overestimate The COVID-19 Recovery

The world economy has risen from the depths of the initial COVID-19 plunge. But the recovery has been tepid, uneven, and fragile – and is likely to remain so for the foreseeable future.Start with the good news.

16 October 2020
0

The Making Of Suganomics

With the departure of Shinzo Abe, Japan’s longest-serving prime minister, one of the biggest questions facing his successor, Yoshihide Suga, is what to do about Abe’s signature economic-policy plan.

15 October 2020
0

How To Make Japan Great Again

Japan’s new prime minister, Yoshihide Suga, has arrived with a suite of ambitious policy ideas, including plans to digitise government services and revive the country’s regional banks. But he has yet to come up with an overarching theme that strikes a chord with the public.

8 October 2020
0

Can India Afford A Dispute With China?

In the wake of the coronavirus pandemic, India’s economy shrunk by 23.9 percent in the second quarter of 2020. This was a historic contraction, going down as the worst in the nation’s history. No other major economic power suffered as greatly during these past six months, and coming on the heels of 3.1 percent growth in the first quarter, it stings.As if to add insult to injury, now China and India are facing increasing tensions along their Himalayan border.

28 September 2020
0

China’s Rapid Shift To A Digital Economy

Despite taking a serious hit from COVID-19 lockdowns, China’s economy has proved resilient. It has not, however, fully bounced back: some activities, especially in the service sector, simply cannot be revived. Yet, unlike most of the world, China seems unlikely to become mired in a long recession, not least because of its rapid digital transformation.

8 September 2020
0