Philippines U.S. “goodbye” can fix China FDI gap

October 21, 2016

President Rodrigo Duterte's boast of ditching America for China plays well in Beijing. Cash is a major motivation. China is under-invested in the Philippines compared to elsewhere in Southeast Asia. Funds from the People's Republic can help Duterte deliver on big promises.

Ireland has limited shelter against Brexit storm

January 26, 2016

The Irish state is right to fret about a UK exit from the EU. It could knock 20 pct off trade between the two countries and hit Ireland’s economic recovery. Rebranding Dublin as a financial hub would help – but requires Germany to beef up the euro zone’s half-done banking union.

Modi win is blow for Tesco, good for investors

April 8, 2014

The Indian opposition leader’s party has vowed to ban foreign retailers. With that exception, its manifesto strikes the right notes on the economy. If Narendra Modi does become prime minister, shareholders will expect a major improvement in the country’s investment climate.

India new FDI rules show welcome long-termism

July 17, 2013

Letting foreigners own more of local industries like telecoms won’t kick off a rush to invest. But it suggests a desire to court longer-term inflows, and replace an unhealthy reliance on hot money. The new policies may help stem the rupee’s slide too.

Quitting China is all about knowing how to go

January 20, 2014

Foreign businesses used to be desperate to get into the People’s Republic. Google’s departure in 2010 was a shock. Now, as easy growth vanishes, leaving China is becoming less unusual. While some have kept a foot in the door, others are making a show of slamming it.