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History undergoes serious change thanks in particular to slow events that fly below the media’s radar. Focusing on dramatic, immediate events, the media tends to neglect the major shifts that unfold over time. Paradoxically, slowly developing events that often go unreported tell the true story...
It might come as a surprise that the Gulf states have more than a passing interest in events in Belarus. Beyond growing economic ties, the political drama provides valuable lessons for the region’s monarchies and their efforts to maintain standards of living for their citizens without...
China’s footprint in global foreign direct investment (FDI) has increased notably since the launch of the Belt and Road Initiative (BRI) in 2013. That served to bring Chinese overseas FDI closer to a level that one would expect, based on the country’s weight in the global economy. China...
It is increasingly likely that, unless things change, on January 1, 2021, we will have a no-deal Brexit. That would mean the only deal between the European Union and the United Kingdom would be the already ratified EU withdrawal agreement of 2019. There are only around 50 working days left in...
On February 3, Prime Minister Boris Johnson laid bare his long-awaited vision of a “global Britain” in a world after Brexit. Speaking amidst the imperial grandeur of Old Royal Naval College in Greenwich, Johnson’s message was that the United Kingdom, liberated from the...
For decades, the Chinese government has sold to the world the notion that the Chinese economy can defy gravity, maintaining double-digit GDP growth rates year after year in the 1990s and 2000s, and staying above 6% for all of the previous decade, according to official government statistics. The...
Anthropogenic climate change and the unprecedented shift in the global center of economic gravity from West to East represent two of the most profound macrotrends set to transform the geopolitical landscape in the 21st century. Indeed, as Asia’s emerging powerhouses, notably China, with its...
In a Reuters article dated August 5, with the title “As dollar slides, some investors fret about its status as world's reserve currency,” Saqib Iqbal Ahmed signals what may be the indicator of a looming seismic shift in the global economy. The article highlights the ever more visible fragility...
To determine whether China can deliver a better Belt and Road Initiative (BRI), we must first ask whether Beijing is first of all capable of delivering a better BRI? Accusations of practicing debt-trap diplomacy and new forms of colonialism have had some impact on Beijing’s thinking, resulting...
Despite more than 3,000 years of Chinese history, many of the world’s countries had little to no direct experience with China or Chinese investment prior to the launch of the Belt and Road Initiative (BRI). There was a presumption on the part of many governments that international best practices...
As dusk fell on June 15, a bloody clash broke out between Chinese and Indian soldiers in the Galwan Valley on the northwest China-India border, where a tributary of the Indus flows westward from Aksai Chin to Ladakh. In line with China’s recent expansionist policy elsewhere, its military had...
