China scrambles to keep sagging exports afloat

China's private sector has been a key driver of export growth. Photo: iStock

China’s government has unveiled new measures to help its exports keep growing in the second half of this year amid slowing demand in Europe and the United States. On Tuesday, China’s Ministry of Commerce said it would help exporters with export credit insurance and tax benefits, and make it easier for them to participate in […]

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Marcos rolls the dice on plan to deport 40,000 Chinese

MANILA – In a major policy reboot with potential long-term economic and geopolitical implications, new Philippine President Ferdinand Marcos Jr is cracking down on the Chinese online casinos that proliferated in the capital Manila and across the country under his controversial predecessor. This week, the Philippine Department of Justice (DoJ) announced it will close down […]

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Why China won’t dominate the green hydrogen future

A prominent financial media outlet tells us that China is leading the race to produce green hydrogen, seen by some as the future key to zero carbon emissions for industry and transportation. So should non–Chinese worry about Beijing’s lead in developing the clean fuel? Probably not. Then should we be pleased at the prospect of […]

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Wrecking ball dollar swinging next toward US

TOKYO – Wall Street suits, run for the hills. So far this year, the surging dollar has left a trail of carnage across Asian and European economies, currencies and bourses. Now, it is likely headed for home territory. Count Michael Wilson, Morgan Stanley’s chief US equity strategist, as among those fearing the dollar’s rally is […]

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The case for free-flowing electrons

The average human body contains some 7 octillion electrons (that’s 27 zeroes) that weigh, altogether, just 19 grams. These tiny particles should be able to cross borders more easily than the average passport-bearing person, but beyond Europe, international trade in electricity is minimal. Yet energy insecurity and climate threats require that transnational currents – electrons – flow […]

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Where Mongolia’s warrior heritage lives on

TSENGEL and HVOD – In a distant and violent past, Mongolians were once Asia’s most feared warriors, trampling the world under the hooves of their ponies, sacking cities and driving their enemies before them. In the gentler days of the 21st century, the great khans and their fearsome cavalry armies are long gone, but Mongolia’s […]

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An open letter to Putin from Roger Waters

Recently I have been reading comments on social media asking why I’ve written to Mrs Olena Zelenska but not Mr Vladimir Putin. Very good question, I’m glad you asked. Here it is.  Dear President Putin: Since the Russian Federation invaded Ukraine on February 24 this year I have tried to use my small influence to […]

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Women’s power alive in benighted Iran, Afghan and Russia

Political unrest in Iran, Afghanistan and Russia all feature heavy involvement of women in uphill battles against dictatorial repression.  The death of a jailed woman in Iran has led to days of public protests across Iran. In response, the Tehran government has violently targeted female participants with batons and bullets. In Afghanistan, clusters of women have […]

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Democratic Party now the leading US party of war

Last May a remarkable column by Stephen Kinzer appeared in The Boston Globe. It was headlined: “Republicans return to their roots as the anti-war party.”   More significantly, the subheading ran: “Since the Vietnam era, Americans have come to expect anti-war rhetoric from liberal Democrats. Cancel that.” The column began: “With Americans now engulfed in passion for […]

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How America’s democracy is ‘ripe to be exploited’

A Pew poll finds that while their democratic system is not perfect, most Americans prefer it to one-party authoritarianism. Photo: iStock

Voters in Sweden this month gave a leading role to a far-right party with neo-Nazi roots. Italy is also on the cusp of putting a party in power that has fascist origins. And of course, in the United States, one party has increasingly embraced election denialism and attempted to undermine the legitimacy of the electoral […]

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