By Daniel McGroarty, TES GeoPolicy Editor Let the Great Re-Shoring begin: One of the many ways the COVID pandemic will change the behavior of nations is coming into view, with profound implications for the globalization of trade, and where we make what we buy. With China controlling the chokepoint on medical devices from […]
Tag: china
On vaccine, World Health Assembly putting cart before the horse
By Roger Bate, American Enterprise Institute (AEI) The World Health Assembly which begins today is the most important in living memory. Normally it lasts for a mind-numbingly boring week and addresses myriad issues, but this time it’s only taking two days, with the focus on Covid-19. NPR is setting this up as […]
Hong Kong democracy movement still in China’s crosshairs
By Dr. Alexander Görlach, Senior Fellow, Carnegie Council for Ethics in International Affairs The aim is for Hong Kong to be like every other city in China: under the complete control of the Communist Party. Since the return of the former crown colony to the People’s Republic, the autonomous metropolis and hub of […]
Beware of trying to “make China pay” for COVID-19
“It Would Be Great to “Make China Pay” for COVID-19, But the Price Could Be High” By Doug Bandow, courtesy of the Cato Institute Many of us hoped that economic liberalization in China would encourage political reform. The country did change dramatically: Maoism was tossed into history’s trash bin, while personal autonomy and economic […]
EU should cancel African debt to push back on Chinese influence
“Why the EU should take the lead in canceling Africa’s debt” By Loes Debuysere, courtesy of CEPS If the EU wants to live up to its recent ‘partnership of equals’ commitment to Africa, it should take the lead and urge the international community to cancel a part of Africa’s bilateral, multilateral and private debt […]
Ending the Jones Act Would Give China More Leverage
By Ernest Istook, Former U.S. Rep (R, OK-5) China aggressively aims to dominate world trade by dominating how goods are shipped around the globe as well as by making other countries dependent on its goods. Because 90% of world trade goes by ship, it seeks to command maritime trade by building […]
RED SWAN: The Story of a Secret Cable and the Crisis We Could Have Seen Coming
By Daniel McGroarty, TES GeoPolicy Editor COVID-19: It’s all we talk about, on the cable news, and in our 6-foot socially-distanced prison walks around our silent neighborhoods. And in nearly every conversation comes the intellectual shrug, “who could have seen this coming?” A single phrase that neatly absolves governments and experts alike of […]
Are central banks planning their own cryptocurrencies?
“Do Central Banks Intend to Launch Central Bank Digital Currencies?” By Gordon Kerr, Cavin O’Driscoll and Enrico Colombatto, courtesy of IREF A substantial and growing amount of press attention has been devoted to the subject of Central Bank Digital Currencies (CBDCs) since last year’s announcement of Libra which spooked regulators at central banks who are […]
Germany must ensure liquidity to deal with trade collapse
“Corona crisis – liquidity takes priority” By Prof. Dr. Michael Grömling, Dr. Martin Beznoska, and Dr. Markus Demary, courtesy of IW Koeln In China it became apparent how an epidemic can directly affect the production potential of an economy when large numbers of workers have to be quarantined. Through a variety of intermediate […]
What coronavirus tells us about globalization (and vice versa)
“The unintended consequences of coronavirus.” By Sergio Beraldo, courtesy of IREF A new type of virus is holding the world in suspense by evoking images of the worst Hollywoodian nightmares. It is known that it spread out of Wuhan, the capital of Hubei province, China, and then quickly propagated throughout mainland China, at […]