Time for China to spend more and save less

The atmospherics surrounding the recent National People’s Congress all came down to one question: when exactly will China become the world’s biggest economy? Communist Party leader Xi Jinping didn’t offer a specific answer. But it’s clear that the new reform team Xi has assembled is accelerating the timeline by prioritizing consumption over investment. There’s not a […]Continue Reading

When leaders get scared

While it may look like the United States is being tough and forceful in Ukraine, the reverse is true. The US is showing incredible weakness, and it is wearing it on its sleeve. Let’s start with Ukraine. The US has gone all out to try and help Ukraine win a victory over the Russians.  The Biden […]Continue Reading

Inspirational role models

To mark this year’s International Women’s Day, a number of extraordinary women from a wide range of fields who have inspired change in their communities through the pursuit of excellence have been named the Bangkok Post’s Women of the Year.Continue Reading

All eyes on PBOC as US banking woes go global

Yi Gang, the governor of the People's Bank of China, has tried to reassure investors. Photo: AFP / Wang Zhao

If Governor Yi Gang’s staff at the People’s Bank of China had been planning a vacation in 2023, it might be time to cancel. The PBOC’s surprise move on March 27 to lower the reserve requirement ratio (RRR) for financial institutions by 25 basis points is the first official acknowledgment that troubles from Silicon Valley […]Continue Reading

No, the US hasn’t ‘lost’ Vietnam

The recent purge of several apparently Western-leaning officials in Hanoi has led to some trepidation among foreign diplomats about whether Vietnam’s broader foreign policy is shifting decidedly toward Beijing.  Deputy prime ministers Pham Binh Minh and Vu Duc Dam were removed (though it was said they “resigned”) from the Politburo and then their government posts […]Continue Reading

AUKUS a hard nuke sale in next door SE Asia

MANILA – “I would say, ‘Do you need to be contained? Are you expanding? Are you an expansionist power?’ To a very great extent, the United States was the champion for China’s rise. And in no way are we seeking to contain China. But we are seeking for them to play by the rules,” said […]Continue Reading