This month, G20 leaders will endorse guiding principles for “quality infrastructure investment”, a priority for Japan. China’s support of these principles signals a willingness to address criticism of its Belt and Road Initiative. China and Japan, rivals in delivering high-speed rail, appear open to collaborating on projects that would meet high sustainability standards, writes Motoko Aizawa, President of the Observatory for Sustainable Infrastructure, who for 12 years headed the Policy and Standards Unit in the Environmental and Social Department of the International Finance Corporation (IFC).
The fallout from the US-China trade battle and the collateral geo-economic disruptions are threatening global economic stability. G20 members meeting in Japan this month need to address the risk of a crisis. The US and China must call off the trade dogs of war – and quickly, writes George Magnus, Research Associate at both the China Centre of Oxford University and at the School of Oriental and African Studies (SOAS) of the University of London.
The US and China differ in their perceptions of what a rules-based international order should be.
The rise in trade tensions between the US and China may be due to the American side’s failure to appreciate the implications of China’s not being a rule-of-law country – that administrative action, not laws on the books, get things done in China, writes Zhiwu Chen, Director of the Asia Global Institute (AGI) and Victor and William Fung Professor in Economics at the University of Hong Kong (HKU).
Indian Prime Minister Narendra Modi's blend of hyper-nationalism with a welfare-state development narrative successfully bolstered his claim to be the “only man for the job”. It has also given his party wider and deeper appeal, solidifying its national footprint. Armed with a strengthened mandate, Modi could propel India forward to take a leadership role in Asian affairs, writes New Delhi-based Preeti Singh, Senior Advisor at 9.9 Insights.
The complex nature of global supply chains means that using exploitative labor at any stage, even indirectly, may harm a company's brand and risk legal liability. Consumers do not want to be associated with trafficked workers and will shun goods produced with slave labor. Nations are passing laws to address this problem. Mandatory reporting of anti-slavery actions may provide some protection for both businesses and workers.
China’s engagement with the states of the South Pacific Ocean has accelerated in recent years. But while policymakers and academics in Australia, New Zealand and Pacific island states increasingly talk about China’s growing influence, Beijing actually operates in the region under a number of constraints and there are limits on the role it can play.
With more than 1 billion active users, Instagram has become one of the fastest growing social media brands. But as the platform grows more popular, so too its links with poor mental health become more apparent. The Asia-Pacific region, a social media growth hotspot, is already seeing increasing levels of anxiety and depression – but it is also taking measures to deal with the problem.
The extreme volatility of cryptocurrencies in 2018—which saw the most widely traded cryptocurrency, Bitcoin, plunge from US$10,166 in January to US$3690 in December—made even the most bullish traders recoil from their terminals. However, one sub-sector of the nascent asset class defied the trend: stablecoins.
As the dust settles on the Hanoi summit, critics argue that the absence of an agreement between Trump and Kim is a sign that diplomacy between the U.S. and North Korea has failed. But even without a roadmap to denuclearization, the summit promotes important goals in these early stages: dialogue, a continued freeze on nuclear testing, and hope for a gradual lifting of economic sanctions.
Since Xi Jinping ascended to the presidency, he has spearheaded a reorientation of China’s major power diplomacy. With China’s foreign policy in the spotlight during the annual meeting of its legislature, Yoshikazu Kato of the Asia Global Institute outlines his thoughts on what this diplomacy is and how it came about.
With the U.S.-China trade conflict worsening by the week, Australia, Japan, and India may see security ties as a chance to boost their status in Washington. But the Trump administration’s crusade on trade could very well engulf them, too.
Just a few years ago, the renminbi seemed destined to become one of the world’s most significant currencies. However, its attractiveness has plunged as international investors seek currencies with legal security, ease of use and, critically, unrestricted convertibility.
Chinese investment in Africa supports the continent’s growth, but as concerns of a “new colonialism” arise, what will define the future of China-Africa relations?
Two questions that have occupied the human mind since the beginning of civilization are “Who am I?” and “Where did I come from?” Today, with just a swab of saliva, millions of people worldwide have been able to take a peek into their genetic past, thanks to DNA testing. In most cases, such testing reveals a complex global and regional circulation of bloodlines.
Humans have altered the planet to such an extent that it has entered a new age. The Anthropocene requires a new way to think about how humans relate to the planet.
The internet has taken much of the human interaction out of international trade. But many commercial buyers continue to emphasize face-to-face communication with sellers.
Growing media and societal attention on environmental issues has prompted researchers to examine factors that contribute to making companies greener. New research has found that corporations with more women in their leadership teams are less likely to be accused of breaching environmental law.