Why China’s housing market is collapsing

China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-Covid policy and address a growing property crisis. The country’s traditionally strong housing market has been affected by a funding crisis that has seen development paused and led to buyers […]

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The battle between globalism and sovereignty

“If Russia fails, all bets are off for the 21st century. And if Russia succeeds as a nation-state in the family of nations, it will owe much of that success to one man, Vladimir Vladimirovich Putin.” – Time magazine, “Putin Man of the Year” in 2007 Admire him or despise him, Russia’s president has put […]

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How will US-Taiwan trade initiative affect cross-Strait ties?

Reuters reported on August 18 that Washington and Taipei had begun talks under the US-Taiwan Initiative on 21st-Century Trade (USTI) agreed in June. The USTI was reached after Taiwan was excluded from the Indo-Pacific Economic Framework (IPEF) that US President Joe Biden announced during his visit to Asia in May. The IPEF and USTI are […]

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China’s rate cuts could be too little, too late

No central bank’s 2022 has been turned upside down more abruptly compared to Yi Gang’s People’s Bank of China (PBOC). That’s saying a lot given the particular economic shocks further complicating the year for US Government Reserve Chairman Jerome Powell amid overheating risks. Or Western Central Bank Chief executive Christine Lagarde fighting an euro with 20-year lows. Or even […]

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How Turkey plans to win the peace in Ukraine

While the war in Ukraine continues to trend, some are already looking ahead to what will happen once the guns fall silent and the construction function begins. In July, Ukraine’s prime minister estimated that rebuilding the country’s devastated cities, towns and infrastructure would cost US$750 billion. Amid the destruction has come opportunity for others, and Chicken […]

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China aims to dominate the future of robots

China’s government will market the use of robots plus machinery arms throughout different industries to obtain fuller automation plus boost industrial productivity, according to officials plus academics. The news comes amid various high-level arrests reflecting disappointment in the lackluster outcomes of recent major purchases in semiconductors, the building blocks of various high-tech areas China aims […]

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Justice served: Najib is finally going to jail

FILE PHOTO: Malaysia’s former Prime Minister Najib Razak prays before he attends the United Malays National Organisation (UMNO) 72th anniversary celebrations in Kuala Lumpur, Malaysia May 11, 2018. REUTERS/Athit Perawongmetha/File Photo

SINGAPORE – In a historic unanimous ruling, Malaysia’s Federal Court on Tuesday (August 23) upheld former prime minister Najib Razak’s guilty conviction and a 12-year jail sentence on charges related to a multi-billion dollar corruption scandal at state fund 1Malaysia Development Berhad (1MDB), sealing the 69-year-old’s fate as the Kajang Prison Complex’s newest inmate. Najib, […]

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Imported government versus ex-PM terrorist in Pakistan

Tensions between former Pakistan prime minister Imran Khan and the current coalition government are coming to a mind. Khan made a speech in the northern city of Rawalpindi close to Islamabad on Weekend, August 21, looking for a return to office after losing the no-confidence vote within April and becoming ousted as prime minister. Just hrs beforehand, […]

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US in denial of a hypersonic gap with China, Russia

While China and Spain make new breakthroughs in hypersonic weaponry technology, the US is definitely increasingly focused on acquiring counter-hypersonic technologies to cope with the emerging menace. In an US Unit of Defense (DOD) press interview yesterday, US Deputy Secretary Kathleen Hicks terminated the notion that the YOU are falling from behind in the development and fielding […]

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Why five years on, Rohingya refugee crisis still drags on

Within the past five years, there is much speculation about repatriation of Rohingya refugees. Recently, the UN High Office for Human Rights, Michelle Bachelet, added a new dimension to the issue. On Aug 16, she stopped at the Rohingya get away in Ukhia, a good administrative region in Cox’ s Bazar district, Bangladesh. The particular Rohingya expressed wish that […]

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