How emerging nations are already dethroning the West
Even other members within Brics have been reluctant to embrace belt and road projects, arguably for fear of alienating key Western powers which with they have close relationships.
Anthony Rowley in asian news
As Asian discontent grows, will it take a world war to reform the IMF?
Is it time to give up the pretence of a globalised world and of multilateral cooperation？ Should we resign ourselves to the prospect of living in an autarkic world of nations that are fated to become increasingly competitive, defensive and protectionist – possibly to the point of a world war?
Climate change must be a wake-up call for investing in our survival
Such events will no doubt grab headlines when they occur, especially if they involve the loss of human life, but the battering of ports, highways, railways and other infrastructure, not to mention planes and ships, might attract far less attention.
Is another Asian currency crisis coming? Keep an eye on China’s yuan
At the root of the problem is the perceived strength of the US dollar, and the impact this has on capital outflows from Japan and other Asian economies into the greenback as yield differentials continue to widen and currency values adjust accordingly. Government bond yield differentials in favour of the United States have hovered near 400 basis points lately, while the yen has continued to weaken.
Pumped-up stock markets are no indication of a country’s economic health
It’s remarkable how quickly a limp, lifeless balloon becomes a bouncy, bobbing object ready to take flight once connected to a cylinder of helium gas. We might say the same of national economies and stock market stimulus.