Commentaries

Traders Are Too Smart to Call This a Trade War
19/09/2018
BLOOMBERG, NEW YORK -- Stock traders responded to the latest round of tariffs imposed on China by the Trump administration and China's swift retaliation by pushing up the MSCI All-Country World Index...
There's a Hole at the Heart of China's Silk Road
09/08/2018
NEW DELHI, BLOOMBERG -- Nobody pretends the People’s Republic of China is an entirely benign power, least of all its leaders in Beijing. Yet, even by the standards of what continues to be a remarkably...
How to End Japan's Deflation? Abolish Cash
06/08/2018
SINGAPORE, BLOOMBERG --- Monetary medicine in Japan is keeping the economy alive, but with nasty side effects. The search for a new cure should begin with a simple question: What if the Bank of Japan...
Pakistan's IMF Bailout Is Really China's
01/08/2018
SHENZHEN, BLOOMBERG -- In all likelihood, Pakistan will seek a $12 billion bailout from the International Monetary Fund this week, its 12th since the 1980s and the largest one yet. This time, the IMF...
Goodbye, China Debt Cuts. Onward Belt and Road?
25/07/2018
SINGAPORE, BLOOMBERG -- With China’s fiscal, monetary, currency and credit policies all taking a pro-growth turn, President Xi Jinping’s deleveraging campaign is clearly over. Or, at the very least, i...
Japan Isn’t Stepping Aside as China Steps Up
12/07/2018
HONG KONG, BLOOMBERG -- China doesn’t quite have the game sewn up. So bad is the West’s public-relations standing in the era of Trump and Brexit that it’s easy to see Chinese ascendancy as a welcome s...
China's Silk Road Isn't Turning Out to Be Smooth
12/07/2018
WASHINGTON, BLOOMBERG -- You may not have noticed, what with the outbreak of trade war with the U.S. and all, but China’s economic diplomacy has had a bad few weeks. The country’s flagship Belt and Ro...
Riding China's Rise: The European Politicians in Beijing's Orbit
05/07/2018
LONDO, BLOOMBERG -- David Cameron and Romano Prodi come from opposite ends of Europe’s political spectrum, but they have much in common. Both have left high office, boast an extensive network of conne...
In Vietnam, distrust of government's China policy fuels protests
20/06/2018
MANILA, REUTERS -- Protests by thousands of people in cities across Vietnam are showing just how easy it is to unite public opinion and mobilise dissent when an issue has one key ingredient: China.The...
Web of Institutions in China’s Global Master Plan
13/06/2018
BALTIMORE, BlLOOMBERG -- (This is the third part of a series on China's effort to supplant the U.S. as the world's pre-eminent geopolitical power. Read the first two parts here: A Global Military Thre...