The recent declaration of a caliphate by the Islamic State in Iraq and Syria, now to be known simply as the Islamic State, is unprecedented in modern times. Regardless of how it turns out, one thing is clear: violent jihadism is now an entrenched featu…
By permitting two clearing banks to access renminbi onshore, Chinese officials are effectively subsidizing their London and Frankfurt operations and encouraging direct sterling and euro trades. But London and Frankfurt would be reckless to bank on rapi…
Rather than achieving internal convergence, the Middle East is now following at least three distinct paths, and already-large differences will persist and grow for a number of years to come. The main question is what will become of countries like Egypt…
China’s rise has raised many questions for the West, with some wondering whether it is set to usurp a struggling Europe’s global leadership role. But Europe – which remains the world’s largest economic entity, a leader in multilateral institutions, and a champion of values like human rights – still has a critical role to play.
China’s exports rose 7.2% year-on-year to US$186.8 billion in June, lower than market expectation, but up from the 7.0% growth recorded in the previous month, according to data released by China's General Administration of Customs. Imports increased by 5.5% to US$155.2 billion on a year-on-year basis, versus a 1.6% fall in May. This led to […]
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Big conservative funds are raising exposure to Chinese bank debt despite lingering concerns about the health of the country’s financial system
The US military is looking to surveillance, information-sharing and calculated shows of force to deter China’s incremental territorial advances
Taiwanese smartphone maker HTC recently published its financial report for the second quarter ended June 30, 2014, stating that the company achieved operating revenue of NTD65.06 billion; its pre-taxes net profit was NTD2.76 billion; operating profit was NTD2.43 billion; post-taxes net profit was NTD2.26 billion; and its net profit per share was NTD2.74. HTC's performance […]
Bitterness over what US officials see as bad faith on the Chinese side is informing the debate on how to respond to China’s ‘salami-slicing’ tactics