Never before has a president of the United States – even a former one aspiring to reclaim the office – suggested he would incite an enemy to attack American allies.
The West should be more worried about how Xi Jinping reacts to his country sinking into an economic mire. It’s time to prepare for a new cold war.
China’s plan to dominate the electric car industry is part of a long-term strategy. But it’s creating problems for Beijing and the rest of the world.
Former premier Wen Jiabao famously described China’s economy in 2007 as “unstable,unbalanced,uncoordinated and unsustainable”. It is in even worse trouble now.
China’s property downturn,already the longest on record,is not only dragging on - it is accelerating.
Nowhere better showcases the opportunities and vulnerabilities of China’s economy than Hefei.
The long-overdue demise of the notorious property developer will force China’s authorities to make some difficult decisions.
Alarm bells are ringing louder over China’s economy. But it is no time to gloat.
China is Australia’s largest trading partner,accounting for nearly a third of international trade,and the industries most exposed to Beijing’s economic woes are resources and commodities.
Beijing is expected to mount a major rescue package to stabilise its tumbling sharemarkets. But it will be a Band-Aid,not a cure.
Donald Trump’s re-election could have significant implications for Taiwan and the Asia-Pacific.