In The News

May 15, 2017
China’s summit on a modern-day Silk Road – encouraging infrasructure development, trade and other connections – is the antithesis to protectionism or extreme nationalism. The One Belt, One Road initiative is “a multi-year plan to build a web of infrastructure and transport links connecting Asia, Europe, Africa and other regions,” explains Deutsche Welle, adding that some countries express concern...
Martin Wolf March 30, 2017
The British government officially notified the EU of its intention to leave – an admission that a prominent and pragmatic member could not influence the larger governing structure or find agreement with other European members. The decision is a tragedy for both sides “Even if the exit negotiations go well,” explains Martin Wolf for the Financial Times. “Economically, [the UK] will lose favourable...
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,...

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