[David Fickling] The most troubling China-India conflict is economic

What’s worse than two populous, nuclear-armed countries killing each other’s soldiers? Two populous, nuclear-armed countries letting their longer-term relationship wither. Fighting along the Chinese-Indian border on the Tibetan plateau hasn’t come out of the blue. Ties, never solid, are increasingly becoming a casualty of the way New Delhi is being drawn into the wider rivalry between Beijing and Washington. If trade and investment suffer as a result, the deteriorating relatio

June 22, 2020

[Trudy Rubin] Trump’s support for West Bank seizure disastrous

Under cover of COVID-19 and the US convulsion over racism, the White House is promoting a policy that spells disaster for Israel. Too few are paying attention. As part of President Donald Trump’s “peace plan” for the Palestinians and Israel, the Israeli prime minister is free to annex around 30 percent of the occupied West Bank as of July 1. This is a move that will end any pretense of peace negotiations, endanger Israel’s peace with Jordan and undercut promising advan

June 19, 2020

[Robert J. Fouser] Challenges for cities after pandemic

As the COVID-19 pandemic gripped New York City in March, articles discussing the future of cities came into vogue. Most articles predicted that the pandemic would change cities “forever” and that large, dense cities like New York would enter a period of protracted decline as people escaped to the suburbs. Pandemic-enforced working from home, it was argued, would free people to live in cheaper places and spare them the grind of a daily commute. In the rush of covering the pandemic,

June 19, 2020

[Kim Myong-sik] Balloons expose North’s leadership in jitters

North Korea’s demolition of the South-North Liaison Office building in the border town of Kaesong this week was outrageous, but it also showed Pyongyang’s limitations in its actions against Seoul in the rising tensions between both nations. The shapely four-story glass structure was built as a symbol of a new era of detente in the inter-Korean relations supposedly starting with the signing of an agreement of peaceful cooperation by President Moon Jae-in and North Korean leader Kim

June 18, 2020

[Jeffrey Frankel] What’s in a recession?

On June 8, the Business Cycle Dating Committee of the National Bureau of Economic Research declared that economic activity in the United States had peaked in February 2020, formally marking the start of a recession. But we already knew that we were in a recession that had likely begun around that date. So, why does the NBER’s formal declaration matter? It is no secret that measures of employment fell sharply from February to March. Real (inflation-adjusted) personal consumption expenditu

June 18, 2020

[Kim Seong-kon] Suddenly this summer

The above title is a riff and parody on Tennessee Williams’ famous play, “Suddenly Last Summer.” In this Southern Gothic play, Violet’s son, Sebastian, had died in Europe the previous summer under dubious circumstances. Since her niece, Catherine, knows the dark secret that led Sebastian to his death, Violet tries to erase Catherine’s memory by asking a doctor to perform a lobotomy on her to protect her son’s reputation. Recently, I came across an intriguing

June 17, 2020

[Clara Ferreira Marques] Case study for second-wave lockdowns

Mexico, India and Pakistan are among the countries that have hit record numbers of new coronavirus cases in recent days, as drastic regulations that kept streets empty and people apart are lifted. It’s a similar story in states like Texas, Florida and California. In Beijing, a cluster of cases linked to a wholesale market caused alarm over the weekend. Should that mean a return to lockdowns? US Treasury Secretary Steven Mnuchin says no. Reality will be less categorical. Take Pakistan. Of

June 17, 2020

[Yoon Seok-jun] Post-pandemic challenges face Korea from health policy standpoint

The ongoing COVID-19 outbreak is causing Koreans to reflect on their way of life. Additionally, foreigners who are interested in the current status of Korea seek to understand how they are overcoming this situation relatively well, while advanced countries such as the United States, the United Kingdom and Italy have been heavily affected by COVID-19. I can infer the fundamental reason behind the relatively good maintenance of Korea’s quarantine system from the nation’s modern histo

June 17, 2020

[Peter Singer] Is age discrimination acceptable?

Should we value all human lives equally? This question arose in an acute form in March, when the novel coronavirus overwhelmed Italy’s health care system. Envisaging a situation in which there would not be enough ventilators for all patients needing one, a working group of the Italian Society of Anesthesia, Analgesia, Resuscitation and Intensive Care reluctantly supported rationing by age, while also taking into account frailty and the severity of any other health problems. The group&rsqu

June 16, 2020

[Yoon Young-kwan] The shape of Asia’s new Cold War

In retrospect, the decision by the Communist Party of China to impose a new security law on Hong Kong seems to have been preordained. Historically, rising powers always try to expand their spheres of geopolitical influence once they pass a certain stage of economic development. It was only a matter of time before China would do away with the “one country, two systems” arrangement and impose its laws and norms on Hong Kong -- a territory it considers integral to the motherland. From

June 16, 2020

[Therese Raphael] What a slave trader’s statue says about Britain

If Britons wanted a reason to protest against institutional racism, or police brutality, they didn’t have to look 6,400 kilometers away. There have been plenty of local examples over the years. “I can’t breathe” will have resonated with many black families here. That’s why the killing of George Floyd has been a call to action in the UK too. An estimated 137,500 people have attended more than 200 protests in recent days. One produced an iconic picture of global outr

June 15, 2020

[Timothy L. O’Brien] Why Trump has trouble addressing Black Lives Matter

April Ryan, a veteran White House correspondent with American Urban Radio Networks and a political analyst for CNN, reported Tuesday afternoon that President Donald Trump is planning a major address on “race relations” in the US. The speech, Ryan said, is being written by Stephen Miller, the young Trump loyalist on the White House staff who has coaxed the president into approving policies like separating migrant children from their parents and incarcerating them at the Mexican border

June 15, 2020

[Digital Simplicity] Does your refrigerator spark joy?

Just like the merciless ransomware which locked down my entire hard disk drive overnight, the sudden demise of my refrigerator turned a whole array of food items into something closer to trash. It marked more than the end of a home appliance; my everyday life, aided by the modern gadget, was melting. Literally. When I woke up in the morning early this week, the beloved and always-reliable fridge had leaked a stream of water that was now trickling across the floor. When I opened the door for th

June 12, 2020

[Andreas Kluth] US must not cut troops in Germany　

It’s always interesting to see who’s celebrating. In German politics, that’s currently the Left Party, a descendant of East Germany’s former dictatorship that likes to brew anti-Americanism and Russophilia into a toxic populist mix. The party’s bosses are delighted about a rumor, first reported by the Wall Street Journal, that the US may pull out some 9,500 of the 34,500 American troops stationed in Germany, and then cap their numbers at 25,000. Dietmar Bartsch, th

June 12, 2020

[Nisha Gopalan] The office not dead, just recovering

I returned to the office this week, joining thousands of bankers from Citigroup to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, it’s going to take some getting used to. The easing of coronavirus lockdowns heralds the beginning of the end for the world’s greatest work-from-home experiment. Perhaps. Twitter will let employees work from home permanently even after the outbreak recedes, while others such as Google have s

June 11, 2020

[Andy Mukherjee] Economic nationalism a wrong turn for COVID-hit India

Prime Minister Narendra Modi wants all 1.3 billion Indians to be “vocal for local” -- meaning, to not just use domestically made products but also to promote them. As an overseas citizen living in Hong Kong, I’m doing my bit by very vocally demanding Indian mangoes on every trip to the grocery. But half the summer is gone, and not a single slice so far. My loss is due to India’s COVID-19 lockdown, which has severely pinched logistics, a perennial challenge in the huge, i

June 11, 2020

[Clara Ferreira Marques] Vietnam breaks out of COVID tourist trap

Vietnam is pulling ahead in the race to reopen Southeast Asia to city-hoppers and sunseekers. International arrivals were down 98 percent in May from a year earlier, after a record 2019. Yet success in containing the coronavirus epidemic means domestic travel has already restarted. Thailand, by comparison, is still under a state of emergency, and other neighbors in the tourism-friendly region are only slowly easing restrictions. The steady reopening will help Vietnam’s convalescing econom

June 10, 2020

[Kim Seong-kon] Korea caught in the crossfire

A crisis is mounting between the United States and China, and South Korea has found herself suddenly caught in the crossfire of the two superpowers. Now under relentless pressure, the Korean government faces a sobering reality in which the answer to the question “Which side are you on?” will bring decisive or even dire consequences. Such a situation is not new to the Korean people; we were also stuck in the crossfire between China and Japan in the 19th century. Back then, Korea cou

June 10, 2020

[Clara Ferreira Marques] China tackles dirty work of finance

Beijing is scrubbing up. Late last week, the central bank excluded so-called clean coal from a draft list of projects eligible for green bonds. It’s a significant move that puts the world’s No. 2 issuer on the path toward consistency with international norms, making it easier to attract the foreign capital required to finance hundreds of billions of dollars of environmental fixes. The next logical step will be to tackle what companies are allowed to do with the cash they raise. So-ca

June 9, 2020

[Kareem Abdul-Jabbar] What you’re seeing is people pushed to the edge

What was your first reaction when you saw the video of the white cop kneeling on George Floyd’s neck while Floyd croaked, “I can’t breathe”? If you’re white, you probably muttered a horrified, “Oh, my God” while shaking your head at the cruel injustice. If you’re black, you probably leapt to your feet, cursed, maybe threw something (certainly wanted to throw something), while shouting, “Not @#$%! again!” Then you remember the two white

June 9, 2020