Saudi nod to China opens post-American Gulf era

The fact that Saudi Arabia entered a rapprochement deal with Iran and chose China to broker it came as a surprise to many international observers. The agreement, officially called the Joint Trilateral Statement, was signed in Beijing on March 11 and begins the process of restoring diplomatic ties between Riyadh and Tehran. Those ties were […]Continue Reading

The coming crucial battle for Crimea

To paraphrase the words of the Ukrainian president Volodymyr Zelensky, everything began with Crimea, and everything will end there as well. When Russia first occupied Crimea in 2014, it was a major win for Putin, who successfully called the West’s bluff by proceeding to annex the peninsula with minimal international opposition. Now, as Ukrainian forces […]Continue Reading

Douyin: the app making more noise than TikTok in China

Chinese people are increasingly using TikTok’s sister app as a way to complain about products and are finding it a powerful asset. Our research shows that Douyin, which is produced by ByteDance the same company that owns TikTok, has become influential in offering Chinese people a way of putting consumer pressure on companies. This short-video […]Continue Reading

Baidu’s ChatGPT rival ERNIE Bot an AI letdown

On March 16, Baidu unveiled China’s latest rival to OpenAI’s ChatGPT – ERNIE Bot (short for “Enhanced Representation through kNowledge IntEgration”). The “multi-modal” AI-powered chatbot can generate text, images, audio and video from a text prompt. However, ERNIE was poorly received by the public. Baidu’s Hong Kong-listed shares fell by 10% during the press conference, […]Continue Reading

Xi-Putin meet announces return of China-Russia axis

The heirs to two of the most violent revolutions in modern history shook hands and took stock of their “comprehensive strategic partnership of coordination for a new era”, at a recent meeting in Moscow. Many in the West have puzzled over this relationship between Chinese Communist Party chairman Xi Jinping and Russia’s Vladimir Putin. Some […]Continue Reading

Fed’s ‘soft landing’ likely to land in recession

Federal Reserve policymakers have targeted a “soft landing” for the US economy since beginning their effort a year ago to tame runaway inflation by hiking interest rates. That is, they believed they could do so without sending the US into recession. But the Fed’s decision to raise rates by a quarter point on March 22, […]Continue Reading