Globalization is not just dominated by big brands. Low-cost knock-offs of popular items such as mobile phones also cross the globe, often from China to the rest of the world. Although it operates below the radar, this trade powers growth.
Nearly 10% of stock market investors trade as if they are gambling. This leads to more trades and more money on the market, but yields much lower returns for the investors. We should acknowledge this behavior and boost financial education and risk assessment, rather than assuming that investors are perfectly rational.
In Myanmar, Buddhist nationalist groups have used Facebook to swamp public opinion with anti-Muslim speech. As elected representatives are pressed to follow these extreme views, Myanmar is showing the world how unreined social media can hurt democracy.
Technology is transforming epidemiology. However, algorithms, satellites, and drones offer no easy solution. Ethical and political issues need to be considered to ensure that everyone reaps the benefits of these new technologies.
False information sways elections, and social media makes it worse. So governments are rushing through laws to block “fake news.” But in Southeast Asia, these laws will do more harm to elections than fake news.
Despite suspicions, China's engagement in developing Africa's telecom infrastructure has not led to an imposition of an authoritarian model of information control on the continent. Concerns should rather focus on the promotion of a top-down governmental model of development, which has proved inefficient.
The documentary “The China Hustle” exposes fraudulent transnational listings that are costing millions of investors billions of dollars. How can stock markets around the world combat this major threat to the global economy? The answer may lie in extraterritoriality.
The world is once again in dismay after the use of chemical weapons was reported in Douma. In response, the U.S. struck, together with the UK and France, chemical weapons facilities in Syria on April 13 and 14. The stated purpose was to uphold international law, but the action could have far-reaching—and destabilizing—consequences.
The leaders of the ASEAN countries are set to meet in Singapore between April 25th and 28th. With the region feeling the effects of great power competition, it might be time to remember and revive the pacifying role Southeast Asia played in trade, people, and religious exchanges over the centuries.
Australia, India, Japan, and the United States make up the Quad, often seen as a response to an increasingly powerful and competitive China. But the commonality and contradiction of interests that India shares with China makes New Delhi’s perspective somewhat different from that of the other Quad countries. One may argue that India’s participation in the Quad is not a move to antagonize China.
Following the flurry of political announcements and promotions at the 2018 National People's Congress, the Central Committee of the Communist Party of China released a Plan on Deepening Reform of Party and State Institutions. These reforms elevate foreign policy and aim to make institutions more efficient as interfaces between the Chinese Communist Party and global integration.
Last month, the first session of China's 13th National People's Congress enacted a much discussed constitutional change, opening up a path for Xi Jinping to be president for life. Beyond this spectacular measure, promotions and appointments indicate the direction of the winds for China's foreign partners and competitors.
In tandem with China’s rise, America's geopolitical predominance in Asia has been waning, and this decline in influence has accelerated under the presidency of Donald Trump. Looking further ahead, however, it is not obvious that this "new normal" will be sustained in light of America’s deep economic and security interests in Asia and China’s fundamental fragilities.
India is scheduled to launch the lunar rover Chandrayaan-2 in 2018, an emblematic sign of the country's will to step up its space policy. Its efforts in this arena include a revival of international partnerships and a change in its position on space militarization. In the absence of an adequate global governance regime, such activity extends geopolitical tensions to outer space.