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OPINION

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.

OPINION

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.

OPINION

Anti-trade policies would make the poor poorer

News, Michael Schuman, Published on 25/01/2017

» Without question, the most exciting economic story of the past half century has been the dramatic, and probably unprecedented, decline in global poverty. In a recent study, the World Bank estimated that in 2015, just over 700 million people remained trapped in desperate poverty, or 9.6% of the world's population. Those sound like big numbers until you compare them to 1990, when nearly two billion people languished in poverty -- a staggering 37% of the global populace. Such progress has raised the real possibility that extreme poverty can be eradicated in the not-too-distant future.