Founder, Difference Group
Aug 30, 2016
As China assumes G20 leadership, the prospect of global “protectionism” is on the rise and the stakes could not be higher for cooperation and major structural reforms. Without continued investment and trade, secular stagnation in advanced economies and growth deceleration in emerging economies will continue to broaden.
Jul 18, 2016
After the South China Sea arbitration ruling, uncertainty and friction may increase in the region. However, the economic promise of China’s rise and the Asian century will only materialize with peace and stability in the region.
Jun 14, 2016
As the U.K. is preparing for the EU referendum, both Washington and Beijing would like London to remain in the EU. Yet, the outcome is not under their control, despite the potential for regional, even global collateral damage.
May 20, 2016
Despite western press fearing the next Philippine president as a “strongman,” President Duterte won the majority of votes from an election with a record 82 percent turnout. For the first time, Philippines is poised to have its first president who is a self-declared socialist, and who wants to hedge bets between U.S. security assurance and Chinese economic cooperation.
Apr 22, 2016
In the past six years, Washington and Manila have been cementing a military alliance, which is reassuring to many Filipinos but leaves some apprehensive – including the leading presidential contenders. Dr. Steinbcok poses that true hedging would seek security benefits from the U.S. defense umbrella; economic returns from trade and investment with China; and political advantages from cooperation with both nations.
Mar 28, 2016
While international media focuses on Brazil’s mass demonstrations against corruption, efforts behind the façade precipitate regime change, restoration of a pre-Lula order, and a struggle against the BRICS nations. The U.S. feels threatened by an era of multipolarity, which deeply implicates China, and other emerging economies.
Feb 29, 2016
The U.S.-led petrodollar era has eclipsed. It is being surpassed by a multipolar oil age. The current transitional era is permeated by fundamental change, opportunism and speculation.
Feb 01, 2016
Chinese President Xi Jinping’s three-nation tour in the Middle East heralds a shift from U.S. regime change to economic development, codifying China’s presence in the Middle East as a major energy buyer, major importer, infrastructure builder, and peace broker.
Dec 22, 2015
As China’s renminbi has been included in the IMF elite currencies and the Fed has started its rate hikes, conventional wisdom sees the RMB weakening and U.S. dollar strengthening as simple long-term trends. The realities are far more complex, however.
Nov 24, 2015
APEC 2015 ended with a vow to combat terrorism, yet the Summit refused to be distracted from its true goal – economic development. In the coming years, the United States, China, and the Association of Southeast Nations must compromise if they truly want to invest in both regional peace and economic development.