Unless China dramatically scales back its para-military patrols, military exercises, and construction activities across disputed waters, any Filipino leader will undoubtedly face an uphill battle, if not domestic backlash, in exploring a more pragmatic relationship with Beijing.
The tension is tangible and contagious. Personally, I have had outbursts of rage here that have never happened outside of Chinese borders. Towards taxi drivers. Landlords. Cashiers. When the tension passes, I stop and wonder where it came from.
As pollution in China reaches crisis proportions, leading to a drag on the economy and a rise in social unrest, the government is taking bold steps to remedy the "airpocalypse" situation through a full-scale "war on pollution." One of the biggest challenges, however, will be the ability to finance this green revolution.
At a time when income inequality is running rampant in the U.S., workers don't need even more "free" trade agreements that will further strip this nation's economy of middle-income jobs.
China's recent currency devaluation and financial controls are part of an immense leap forward in accelerating the adaptation of China to a changing world economy. We shall see if their leadership works out the growing pains. I am betting they will.
Currency manipulation violates free market principals, but for China, doing it makes sense. This potent action by a major economic competitor raises the question of when the United States government is going to stop pretending currency manipulation doesn't exit.
Today at the Festival of Politics in the Scottish Parliament we'll be discussing alternative perspectives on the rise of China as a global superpower.
These easy-to-understand Feng Shui tips that anyone can use to strengthen their education luck can be sued by parents who want to use these cures to benefit children's scholastic luck while teens can use this advice to be motivated to get the best grades possible.
Not only is Donald Trump taking over the GOP primary campaign, he's taking over our latest Week to Week news quiz. See how much you know about the wee...
2 billion dollars! That sounds like a lot of money but this fine is nothing more than a slap on the wrist for the eight (so far) banks that are settling lawsuits for blatantly manipulating (allegedly) the $5.3 trillion foreign-exchange market.
Chinese authorities claim this latest devaluation is simply their effort to let their currency be guided by market forces, something the U.S. and other countries have sought for many years. But the timing and the magnitude of the change suggests China's leaders fear their economy is about to roll over.
As I listen to all the ad hoc conjectures about the state of China's economy and its near-term prospects, I am astounded to never hear anything said about the most important determinant of nominal economic growth: the money supply.
WASHINGTON -- The action taken by China, far from being a step to manipulate its currency, is actually an effort to let the RMB fluctuate according to the dynamics of the exchange markets.
Yesterday's devaluation of 1.9 percent in the value of the Yuan was followed today by another cut of one percent by China's central bank in the nation...
Steve Hoffman at Founders Space recently returned from a "marathon business trip" to China. He returned with some unexpected findings that defy many of our staid stereotypes in the West. With Steve's permission, I am quoting his findings below.
As if the world could merely be understood by the simple use of economic indicators. In fact, the world will be very different from the predictions of the CIA. An international team from Sorbonne University has just published its own analysis on the subject: The world in 2030, what the CIA had not imagined. Its conclusions run as follows.