Despite their similarities, these South Asian states are vastly different in their approaches to debt and China.
The Chinese economy has been wracked by rural bank defaults and boycotts over mortgage payments. In the first half of this two-part blog post, I will explain these events and what they reveal about the health of Chinese markets. In the second part, I will discuss some of the crisis’s systemic implications.
To understand how Japan’s economy changes over time, it is important to differentiate the traditional, new, and hybrid parts that coexist—observers who look at only the traditional areas may conclude that very little has changed, while those more familiar with the new areas see rapid and extensive change.
Japan is determined to foster a startup economy. But every startup ecosystem is built on several components and a strategic conception of how they fit together. Cracking this puzzle will be Japan's challenge.
Japan's startup ecosystem, which grew as a relatively peripheral segment of Japan’s economy throughout much of its recent history, is now front and center in getting attention from the government and big business.
This time Uzbekistan brought together special representatives and policy experts researching Afghanistan from around the world.
It is an interesting time to see how Central Asian states perceive what's going on in Afghanistan. Uzbekistan and Tajikistan are the two main players on the border region.
In some sense, these laws are codifying powers that the Chinese government possesses anyway as an authoritarian regime. It can at any time put out a restriction on trade or cultural exchange designed to penalize a company or country. Whether there is a legal or nonlegal basis is irrelevant.
The purpose of the rural banks was to support the rural community. The problem is that small banks tend not to be diversified. They tend to be highly concentrated in certain industries and in certain regions.
A retired Army lieutenant general discusses why a tenet of PLA modernization has been validated by the conflict—but is also paradoxical.