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 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.
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.
In its Nuclear Posture Review released in February 2018, the Trump administration introduced new types of weapons and expanded the circumstances for justifying their use. This reverses nuclear arms control gains acquired through decades of delicate global negotiations.
Almost half of the world's pirate attacks happen in Southeast Asia. Among the most common locations for attacks is the Strait of Malacca, where tankers carry oil from the Gulf region to China, Japan, and South Korea, and via Singapore's refineries. As piracy becomes more prevalent, collaboration across the ASEAN region is more necessary than ever.
Despite his questionable, often violent leadership, Philippine President Rodrigo Duterte enjoys an astounding 80% approval rating. In actuality, this support is carefully weighed and highly conditional. While Duterte won the presidency by speaking to the anxieties and hopes of the citizens, he now has to deliver on his promises, and the people are keeping tabs.
As demand for documented migrant labor has risen across Asia, smugglers have been replaced with migration brokers, who utilize and manage webs of relationships to send workers abroad. With knowledge of both the intricacies of bureaucracy and the informal world of local communities, they are an essential part of the international migration infrastructure.