The Great Debate

What Beijing can learn from Wal-Mart

By Robert Boxwell
April 17, 2014

“So, how?”

The question, short for “So, how do you want to handle this?” is a common, subtle way to invite someone to offer you a bribe in Asia. A traffic cop pulls you over for running a yellow light. He’s at your passenger window, a leather strap covering his name tag. He tells you to follow him to the police station so he can process your $100 fine. “So, how?”

Putin’s new ‘values pact’

By Nina Khrushcheva
March 26, 2014

Now that Russia President Vladimir Putin has swallowed Crimea, the question becomes: What if the peninsula doesn’t satisfy his appetite for new Russian territory? What if the only thing that will satiate his hunger for power is the goulash known as eastern Ukraine? Or does he then move on to Moldova, and then on and on?

from Anatole Kaletsky:

The case against a Chinese financial crisis

By Anatole Kaletsky
February 24, 2014

A severe slowdown in China is viewed as among the greatest risks facing the world economy this year, and Thursday’s dismal news on Chinese manufacturing output exacerbated these fears. But the really important news from Beijing pointed in the opposite direction: Bank lending in China, instead of slowing dramatically as many economists had expected, accelerated in January to its fastest growth in four years.

Where does Britain stand in the global economic race?

By Danielle Middleton
January 9, 2014

Following the international financial crisis of the late 2000s, the world’s financial leaders have been working towards a standardized banking system that will strengthen banks at an individual level, and thus improve the banking sector’s ability to survive stress when it occurs.

China’s air defense zone: The shape of things to come?

By James Steinberg and Michael E. O'Hanlon
December 16, 2013

China’s announcement of an air defense identification zone (AIDZ) that covers substantial portions of the East China Sea has unleashed a storm of concern among China’s neighbors — as well as in the United States.

Human Rights Day: Still pursuing religious freedom

By Katrina Lantos Swett and Mary Ann Glendon
December 10, 2013

December 10 marks Human Rights Day, the 65th anniversary of the landmark Universal Declaration of Human Rights (UDHR), signed by 48 nations — with just eight abstentions.

A shifting global economy brings Australia to a crossroads

By Dan Steinbock
November 29, 2013

Australia is no longer immune to the stagnation in the West. Despite a resilient housing market, Australia’s economy is slowing. With a worsening labor market, consumption is eroding, along with business confidence.

Looking to diplomacy with Iran

By William H. Luers and Thomas R. Pickering
October 14, 2013

President Barack Obama has decided to test whether Iranian President Hassan Rouhani’s “charm offensive” is a legitimate effort to reach an agreement on a more constricted and transparent Iranian nuclear program. With this decision, he embarks on the most transformative and important diplomatic initiative of his presidency.

Amid environmental destruction, China is battling to protect wildlife

By Liu Xiaoming
September 27, 2013

Recently my family and I went through photos we had taken in Scotland. These images brought back memories of my fascination with the pristine Scottish natural environment. There are the breathtaking highlands, the sparkling lochs, the magnificent glens and the abundant wildlife. All these reminded me of Liaoning, my home province.

China’s commitment to growth will drive the global economy

By Gordon Brown
September 12, 2013

From outside China, the Bo Xilai trial looks like the Chinese news event of the year, one of the preoccupations of Western media, along with corporate corruption and the clampdown on American and European companies. Yet these issues are no more than sideshows to the most important economic event of recent times, the unveiling and ratification of a major program for reforms for the next decade, which will occur at the Chinese government’s third plenum in November. The reforms promise to bring another great leap forward in China’s dramatic ascent.