Silk Road

No doubt, the coronavirus pandemic has deepened the schisms in the U.S.-China relationship, which has been slipping down the path of a new Cold War. Believing that China’s global soft power expansion by investing in infrastructure and companies abroad presents a serious national security threat, the Trump administration has pressured…

Recently the Democratic presidential candidate, Joe Biden, said that his administration would support the U.S. re-entrance to the Trans-Pacific Partnership (TPP), renamed as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and signed by eleven countries on December 30, even as President Donald Trump continues to reject it. With…

HONG KONG: As governments worldwide confront the terrible choice between saving lives from COVID-19 and protecting people’s livelihoods, economic indicators highlight the intensity of the dilemma.Unemployment has skyrocketed, trade has plunged, and the global economy is facing its worst downturn since the Great Depression. There is only one way to limit…

BEIJING, May 29, 2020 /PRNewswire/ -- A series of live broadcasts of tourist spots in Changzhou City of east China's Jiangsu Province, will be jointly launched by Xinhua News Agency and Kuaishou, a leading live streaming platform in China, on May 30 and May 31. The live broadcast, a new move…

As America slowly re-emerges from the coronavirus, it faces a pivotal choice. Will it take responsibility for its response to the pandemic or will it cast blame on the outside world. As the strongest nation on earth, the United States can now either close its borders, embrace xenophobia, blame and…

The  geostrategic state of Nepal is in a conundrum over whether to respect the previous government’s agreement to accept a $500 million “grant” from the US’ “Millennium Challenge Corporation” despite concerns that it could permanently undermine the country’s sovereignty, but backing out of the deal several years after it was…

The US’ planned withdrawal from the Open Skies Treaty represents yet another rubbishing of the international arms control regimes that helped maintain strategic stability after the end of the Old Cold War, with this dramatic move and the others like it being part of the Trump Administration’s risky renegotiating gamble…

The United States has warned that it might be forced to stop sharing intelligence with Australia if the country’s second most populous state enters into a much-heralded investment agreement with China. The Australian state of Victoria has said it intends to join Beijing’s Belt and Road Initiative, a worldwide investment…

The key takeaways of the Two Sessions of the 13th National People’s Congress in Beijing are already in the public domain. In a nutshell: no GDP target for 2020; a budget deficit of at least 3.6% of GDP; one trillion yuan in special treasury bonds; corporate fees/taxes cut by 2.5 trillion yuan; a defense budget…

Business Freight-forwarder Kuehne+Nagel may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits shipping, controlling shareholder Klaus-Michael Kuehne said in an interview. FILE PHOTO: The logo of Swiss logistics group Kuehne + Nagel is seen at its headquarters in Schindellegi, Switzerland October 17,…