As is usually the case in Japan, his victory presages few major policy changes. Sometimes that’s because there are few options. When it comes to the economy, policymakers have spent three decades, since the economic crisis of the mid-1990s, trying almost every fiscal and monetary lever available. Japan has been […]
Read Time : 9 Minutes
Evergrande Is a Convenient Villain for Xi
They may yet be right. The coming-collapse-of-China brigade and their willingness to latch onto the smallest hints of trouble in the country have had them crying wolf far too often with predictions of the party-state’s imminent demise. Super smart officials, bucketloads of money, sheer force of government power: The awesome […]
Read Time : 10 Minutes
Brexit and COVID-19 Spark Britain’s Labor Shortage
If you would like to receive Morning Brief in your inbox every weekday, please sign up here . Here is today’s Foreign Policy brief: British military tankers are on standby to address a fuel crisis , U.S. National Security Advisor Jake Sullivan travels to Saudi Arabia , and dozens of […]
Read Time : 25 Minutes
The Most Important U.N. Speeches This Year
The 76th session of the United Nations General Assembly, with high-level meetings wrapping up in New York this week, was dominated by the major crises facing our world today: climate change, COVID-19, and conflict. The 76th session of the United Nations General Assembly, with high-level meetings wrapping up in New […]
Read Time : 14 Minutes
China’s Property Sector Has Bigger Problems Than Evergrande
But as Beijing struggled to contain the speculative fervor and rapidly rising prices that resulted from the property bubble, Chinese authorities eventually turned to harsher and blunter measures that are now creating punishing economic costs. And after a summer of aggressive regulatory actions against several dynamic private sector firms, financial […]
Read Time : 14 Minutes
Another Win for China’s Hostage Diplomacy
Meng was arrested in Vancouver on Dec. 1, 2018, following U.S. claims that she had committed fraud when representing Huawei’s dealings with Iran. Kovrig and Spavor were detained just a few days later, on Dec. 10. Both were well-known figures in the expatriate community in China; Kovrig, whom I’ve known […]