Showing 1-10 of 14 results
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China needs to eliminate its market contradictions
News, Michael Schuman, Published on 11/01/2016
» Another tumultuous week for China's stock markets has dealt yet another blow to global confidence in Beijing's policy makers. Each tripped circuit-breaker and policy reversal has underscored the inherent contradiction China faces -- between the leadership's desire for the certainty of state control and the benefits of free markets.
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To conquer the world, China must get smarter
News, Michael Schuman, Published on 14/08/2019
» Many investors and economists continue to believe China's rise to global economic greatness is inevitable. Modern history, however, tells us that graduating from emerging- to a developed-economy status is hardly automatic. An overly intrusive state, dependence on debt, feeble gains in productivity and poor resource allocation are all reasons to fear that China might struggle with the transition like so many nations before it.
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Trump's China trade 'big win' will cost America
News, Michael Schuman, Published on 27/02/2019
» Donald Trump believes he is about to score yet another big win on trade, this time with China. Progress in talks with Beijing, he claims, has been so "substantial" that he's delayed a looming March 1 deadline and is likely headed for a summit with China's President Xi Jinping to finalise a long-awaited settlement.
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Huawei is no mere victim of China tensions
News, Michael Schuman, Published on 31/01/2019
» The US pushed its campaign against Huawei Technologies Co Ltd into hyperdrive on Monday, with the Department of Justice unveiling indictments against the Chinese telecom giant for allegedly violating US sanctions on Iran and pilfering American commercial secrets. Some may see these latest accusations as part of a larger effort by the administration of US President Donald Trump to stifle China's technological rise, as economic relations between the world's two largest economies deteriorate. Huawei, as it has in the past, denied breaking US law.
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Why Xi won't cave to Trump at G-20 meet
News, Michael Schuman, Published on 30/11/2018
» Hopes are already fading that China's President Xi Jinping and his US counterpart Donald Trump will achieve a breakthrough in their trade war during this weekend's Group of 20 summit in Argentina. Even Mr Trump poured cold water on the idea, saying only days before the conference that it was "highly unlikely" he'd hold off on a planned boost to tariffs.
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Xi's foreign policy requires a Confucian overhaul
News, Michael Schuman, Published on 23/07/2018
» China has suffered a series of diplomatic blows lately. Relations with the US are at a multi-decade low as a trade war escalates, and this month, Malaysia suspended four Chinese-backed projects as its prime minister tries to pull away from Beijing's orbit. From Myanmar to Sri Lanka to Vietnam, China's overseas investments are being met with backlash.
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Hard heads must prevail on N Korea
News, Michael Schuman, Published on 27/04/2018
» Hope is again rising on the Korean peninsula. Today, South Korea's President Moon Jae-in and North Korean dictator Kim Jong-un will hold a summit in the Demilitarised Zone that has divided the two states for 65 years. The meeting raises the prospect that this pointless and anachronistic conflict can finally be brought to an end, or at the very least, that the tensions now threatening global security and world financial markets can be reduced.
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South Korea's president tries to rescue liberalism
News, Michael Schuman, Published on 27/09/2017
» While much of the world's attention is fixated on North Korea and its nuclear ambitions, something with the potential to be equally globe-rattling is taking place, generally unnoticed, in South Korea. There, new President Moon Jae-in is charting an entirely contrary course in economic policy than much of the rest of the developed world. If successful, the experiment could alter how governments tackle the most challenging problems of our day.
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China takes enlightened approach to technology
News, Michael Schuman, Published on 28/04/2017
» Amazon's Jeff Bezos has made a career of being first in e-commerce. But in one critical area, he's falling behind -- thanks to Washington. While Mr Bezos has been eager to deliver orders to customers in the United States with drones, Amazon's efforts have so far been stymied by outdated regulations.
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South Korea's next leader must focus on growth
News, Michael Schuman, Published on 10/05/2017
» So much attention is being lavished on the nuclear-edged tantrums of Kim Jong-un in North Korea that the presidential election on the southern half of the Korean peninsula has gone practically unnoticed. But the outcome may be nearly as critical for the region's future as the fate of Mr Kim's weapons programme.
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