News

Economic globalization still alive and well

Container ships in world trade. Despite Brexit and rising pressure for protectionism across the West, ''anyone who thinks globalization is dead misreads what's really happening,'' writes Michael Schuman in Bloomberg News. "While there are pockets of resistance, much...

China’s GDP growth rate suggest economic restructuring lagging

  The skyline of booming Shanghai. China has reported a higher-than-expected annualized growth rate of 6.7 percent, the same rate as in the first quarter. As with most dictatorships, it's difficult to know how accurate that number us. However, in any case, most...

Shippers gird for more South China Sea incidents

Claims in the South China Sea. Note that China claims everything within the red line. The ruling last week by an international tribunal  in the Hague against China’s claims over most of the South China Sea has raised uncertainty and tension amongst those in shipping...

Lucian Kim: The endless lies of Putin’s Russia

  Lucian Kim writes in a Reuters opinion piece that the Russian athletes'  "doping scandal is a symptom of a much larger problem: the casual disregard for the truth that has become a hallmark of {Russian President Vladimir} Putin’s rule. In a country where...

Russia pushes to get more citizens to move to its Far East

The Russian Far East is in red. Many Russians fear that their nation's Far East could end up being absorbed by China, with its 1.4 billion people and huge economy. So the Russian government, following the directive of  strongman President Vladimir Putin, is offering...