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.
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.
In the rapidly changing world, we can no longer focus on one region of knowledge. Asian universities are responding with the reinvention of liberal arts programs.
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.
Since the practice of cloning farm animals is under-regulated in countries like Argentina, Brazil, and the US, European supermarkets may be selling meat and dairy products produced from clones, despite EU banning. With better regulation at both national and global levels, more accurate data could be produced to enhance transparency and traceability.
On February 1, 2018, AsiaGlobal Online invited Dr Lucas Chancel and Dr Li Yang from the Paris School of Economics to present and discuss trends in global income inequality, on the basis of the "World Inequality Report 2018." The report was co-written with Thomas Piketty and draws on the work of more than 100 researchers around the world, with Chancel as a lead coordinator. Below are videos of the presentations and brief summaries of the key takeaways.
The continents-spanning Belt and Road Initiative may appear to be a leviathan, but a closer look at both it and China’s global quest for resources tells a more nuanced story. Even for the most authoritative of actors, situations don’t always work out as they do on paper.
What makes a currency global? The Spanish peso that started circulating internationally in the 16th century offers a case study. The opening of new trade routes and security innovations made it the world's most widely demanded currency. It facilitated the integration of China, the Americas, and Europe into a world economy, creating a status quo that lasted until the 19th century.
The popularization of Massive Open Online Courses (MOOCs) has led universities to rethink their missions. “Hong Kong Cinema Through a Global Lens,” a prize-winning MOOC at The University of Hong Kong, combines classroom and online learning to enhance students' exposure to the world. Far from taking teachers out of the learning experience, the MOOC enriches the value of the student-teacher relationship beyond the classroom.
Disaster-prone Asian countries are well aware of the urgent need to set up disaster management strategies. Siloed bureaucratic processes only hinder these efforts, as resilience comes from better engagement of local communities and the exploration of multiple sources of knowledge.
With their focus on economic development through innovation, the countries of East Asia are rising quickly through the ranks of the Global Innovation Index. These countries are not merely growing individually—they are growing with one another.
Global economies seem to be doing reasonably well in the face of an array of potentially destabilizing political issues. But this may not last if we do not tackle a non-inclusive pattern of growth and do more to address the needs of people and societies.
Among the many unacknowledged examples of “Asia the global” is the inspiration Western second-wave feminism derived from revolutionary China. Though not wholly influenced by Chinese ideas, second-wave feminism found in aspects of revolutionary China an ideological and practical model.
Sometimes, the smallest change creates the biggest impact. This is the guiding ethos of Micro Galleries, a global arts initiative that recently completed a community-based project in a Jakarta kampung. Micro Galleries director Kat Roma Greer details her experience with a powerful form of intervention of which funding bodies should take note.