Bloomberg - 12 Aug 2018
This article certainly offers much food for thought. There are an increasing number of reasons to argue that China’s Belt and Road’s initiative is not progressing (or performing) as it should. The editorialist goes one step further. He explains why grand investment plans for unproductive regions may create big problems for China, and possibly sow seeds of decline. As he points out, it wouldn’t be the first time that misdirected investments have caused empires to founder (reads in 6-8 min).
Published in Weekly selection 17 August 2018
Project Syndicate - 2 Aug 2018
There is a lot of food for thought in this rather contrarian short piece. The author of “China’s Crony Capitalism” argues that Xi is now coming under attack and facing the worst summer since he came to power in November 2012. A stream of bad news has left many Chinese, particularly among the elites, feeling disappointed, anxious, angry, helpless, and dissatisfied with their increasingly powerful leader. Xi won’t be overthrown, but the road ahead could well become treacherous (reads in 6-7 min).
Published in Weekly selection 4 August 2018
Project Syndicate - 15 May 2018
This is an unusually bleak op-ed from a perennial optimist. Kishore worries that the world’s most important bilateral relationship is on a dangerous, slippery slope. In his words, it has become “a source of considerable uncertainty and, potentially, severe instability. Nowhere is this more apparent than in the brewing bilateral trade war”. He attributes squarely the responsibility to the US, worrying that its political polarization and simplistic ideology are driving it into a highly damaging and utterly pointless conflict (reads in 5-6 min).
Published in Weekly selection 18 May 2018