In The News

Humphrey Hawksley March 22, 2017
Britain will give formal notice March 29 on exiting the European Union. “Britain has suddenly become a place of uncertainty for investors – from Asia and the rest of the world,” explains Humphrey Hawksley for Nikkei Asian Review. “Already, thousands of Asian companies that are integral to the British economy are slowing or reversing expansion plans.” Hawksley points that the UK’s share of the...
Adam Behsudi March 15, 2017
The global supply chain benefits form elasticity. If one country does not supply a product, then buyers quickly search for substitutes. After the United States stepped back from the Trans-Pacific Partnership, countries like New Zealand, Australia and Canada continue to meet to negotiate a deal and fill the vacuum. “New Zealand seizes the opportunity to send more of its milk and cheese to China,”...
Fran Wang and Pan Che March 13, 2017
Political rhetoric blasting global trade from the United States and other countries may slow economic growth in the world’s second largest economy. “China recorded its first trade deficit in three years last month as imports surged on soaring commodity prices while exports declined, likely adding uncertainty to the country’s growth prospects,” reports a team from Caixin. “The surprisingly robust...
Wim Muller March 10, 2017
By joining the World Trade Organization in 2001, China agreed to dispute settlement processes and compulsory adjudication. “While in other areas, most notoriously the law of the sea, China has been reluctant to accept the decision-making power of international courts and tribunals, its WTO practice has shown that China can accept the jurisdiction of an international judicial body, accept its...
Jon Sharman March 6, 2017
The European Union expects consistent treatment by other nations for citizens of its member states. The European Parliament voted to end visa-free travel for Americans within the EU, after the United States “failed to agree to visa-free travel for citizens of five EU countries – Bulgaria, Croatia, Cyprus, Poland and Romania – as part of a reciprocity agreement.” The United States, Australia,...
Stephen S. Roach March 4, 2017
Strident rhetoric about competitors and rivals is common in US presidential campaigns, and the Trump administration has appinted a team whose "anti-China credentials are without modern precedent,” explains Stephen Roach, author and Yale faculty member for the Asia-Pacific Journal: Japan Focus. “Its initial pronouncements point to a wide range of economic and political sanctions – from...
Te-Ping Chen March 2, 2017
More than 500,000 Chinese students studied at foreign universities in 2015 with the United States as the most popular destination followed by the United Kingdom, Australia and Canada. “A rise in incomes and frustration with China’s ultracompetitive education system produced a study-abroad fervor of historic proportions,” reports Te-Ping Chen for the Wall Street Journal. “In recent years, around...

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