Economics & Global Affairs

10 Items

Ms. Meng, the chief financial officer of the telecommunications giant Huawei, was arrested last week by Canadian authorities at the request of the American government on suspicion of fraud related to Iranian sanctions.

Getty Images

Analysis & Opinions - The New York Times

Trump’s Intervention in Huawei Case Would Be Legal, but Bad Precedent, Experts Say

| Dec. 12, 2018

When President Trump said in an interview this week that he was willing to intercede in the case of a Chinese telecom executive facing extradition to the United States if it helped achieve “the largest trade deal ever made,” it was a clear signal that his White House saw no problem intervening in the justice system to achieve what it considered economic gain.

A History of the Energy We Have Consumed

Rahm Emanuael/Wikimedia Commons

Analysis & Opinions - The New York Times

A History of the Energy We Have Consumed

| June 18, 2018

Early in Richard Rhodes’s new book, “Energy: A Human History,” we hear of a prominent citizen using colorful language to lament the state of his polluted city and urge his government to shut down industry or move it elsewhere: “If there be a resemblance of hell upon earth, it is in this volcano [on] a foggy day.” Though this could easily apply to modern-day Beijing, the speaker here is John Evelyn, a wealthy horticulturalist and one of the founders of the scientific Royal Society of London — and he’s complaining about London in 1659.

A 2014 meeting between President Barack Obama and Chinese President Xi Jinping in the Netherlands

US Embassy, The Hague

Analysis & Opinions

Shunning Beijing's infrastructure bank was a mistake for the US

| June 7, 2015

The Obama administration’s negative response to China’s proposed Asian Infrastructure Investment Bank was a strategic mistake. Though some Chinese moves might be destabilising and require US resistance, this initiative should have been welcomed.

The US should be careful about opposing ventures that are popular and likely to proceed. Losing fights does not build confidence. Moreover, the new bank’s purpose — to develop infrastructure in Asia — is a good goal. The world economy needs more growth. Many emerging markets are eager to boost productivity and growth by lowering costs of transportation, improving energy availability, enhancing communications networks, and distributing clean water.

The AIIB offers an opportunity to strengthen the very international economic system that the US created and sustained. The AIIB’s designated leader, Jin Liqun, a former vice-president of the Asian Development Bank, sought advice in Washington. He engaged an American lawyer who was the World Bank’s leading specialist on governance. He also reached out to another American who had served as World Bank country director for China and then worked with the US embassy.

If the AIIB was indeed threatening the American-led multilateral economic order, as its opponents seemed to believe, then its Chinese founders chose a curiously open and co-operative way of doing so.

A coal mine near Hailar, northeastern Inner Mongolia Autonomous Region, China, 13 August 2005.

Herry Lawford Photo

Analysis & Opinions - The South China Morning Post

China's Coal Addiction a Threat to Its Energy Security

| May 14, 2014

"...[U]ntil now, Beijing's response to unmet energy demand has focused primarily on securing resources overseas, and building infrastructure for imports. China now generates more electricity from imported coal than from nuclear, wind and solar combined. Without a strong, coordinated policy shift, the country will depend on fuel imports for most of its energy consumption by the time it becomes a developed country."

Analysis & Opinions - The South China Morning Post

China Must Strengthen its Institutions Before Unleashing Market Forces

| November 19, 2013

"Although the country has successfully imported model environmental policies, it has yet to develop the complex institutional infrastructure needed to make them work, especially an independent judiciary, a capable bureaucracy, and effective co-operation between central and local governments."

Analysis & Opinions

Some Thoughts on the Ethics of China's Rise

| Aug. 14, 2013

Any commentary with a title such as this one should begin with a disclaimer: distilling a country of 1.34 billion people down to a construct called "China" is presumptuous, verging on preposterous. Who best represents "the views of China?" Its government? Its dissidents? The individuals who may be critical of government policies, but choose to go about their daily business rather than investing the time and energy to express their criticisms?

Analysis & Opinions - Global Food For Thought

Biotechnology and Africa's Strategic Interests

| December 3, 2012

"Biotechnology offers Africa a wider range of economic opportunities than the Green Revolution did. It is already being used to improve food production and establish or revive cotton production. Its economic impact is therefore likely to go well beyond the farm sector to include industrial development."

A view of one of the displaced camp in Mogadishu, Somalia, Sep. 14, 2011. A massive aid operation is currently underway to help millions of Somalis affected by the fighting and a famine caused by severe drought.

AP Photo

Analysis & Opinions - The Daily Nation

Africa Must Wake Up to the Reality That Hunger is Now a National Security Issue

| August 14, 2012

"The tools available to India in the 1960s are not sufficient to address the challenges that African agriculture now faces. These include a rapidly-growing population, productivity loss due to ecological disruption, environmental decay, droughts, climate change, and conflict. Biotechnology offers additional tools that can help Africa address some of these challenges. It is another moment that calls for the kind of political courage that led to the adoption of the Green Revolution."

Analysis & Opinions - Business Daily

Improving China's Image in Africa

| November 29, 2007

"China’s ability to respond rapidly to requests for investment in new areas such as infrastructure has emboldened many African leaders who are under pressure to meet their electoral promises....Many of the transactions between China and Africa are kept confidential and little is known about their terms. Promoting greater transparency and mutual learning from those arrangements will help to improve the image of Chinese businesses in Africa."