Classic Layout

Digital Economy Development In China Shifts Focus To Production Side

Just recently, China’s Central Commission for Comprehensively Deepening Reform reviewed various plans for data system, including a guideline on building the basic systems for data and making better use of data resources. The central government’s layout from the construction of the basic system of data is intended to lay a …

Read More »

Two Less Obvious Lessons For Baltic Defense From Russia’s Invasion Of Ukraine

Russia’s invasion of Ukraine has reaffirmed NATO’s purpose and the importance of collective defense. It has also pushed defense of the Baltic states back into the alliance’s limelight. The key lesson so far has been that more military power on the eastern front is necessary. The Baltic states have been …

Read More »

State-Owned Enterprises And Asia’s Energy Transition

State-owned enterprises (SOEs) in Asia are in a unique position to take a leading role to shift economic activity from polluting to green. Yet so far, most SOEs have underutilised green financial instruments, such as green bonds, to support this transition. This leaves ample room for growth which could spur …

Read More »

Unfettered By Western Sanctions, A Russian Bank Delivers Wages To Soldiers Invading Ukraine

On June 10, Albina Abayeva posted a short remark on the social network VK: “Gazprom zp has come,” it said in Russian. Cryptic, but in context the meaning was clear: Her husband, who was fighting in Russia’s war against Ukraine, had received his wages from the military, and they came …

Read More »

Understanding Russia’s Strategy In Ukraine

The ongoing Russia-Ukraine conflict is one of the most significant case studies of modern-day warfare. Although the conflict has remained limited so far, the risk of inadvertent escalation, vertically or horizontally, remains high. The conflict revolves around several key factors. For instance, Ukraine’s inclusion in NATO, the United States’ security …

Read More »

Yen Becomes Next Eye Of Storm In International Capital Market

With the recent acceleration of interest rate hikes of the Federal Reserve, the yen is under increasing pressure while the U.S. dollar index remains high. This, in turn, causes the Japanese currency to show a trend of continuous depreciation. The exchange rate of the yen against the U.S. dollar broke …

Read More »

China: Fujian Aircraft Carrier Owes Its Existence To BRI

With China officially launching its aircraft carrier Fujian, questions have arisen concerning such a development. Here, we have answered some questions on different levels according to the timeline, so as to present a clearer picture of the situation, showing the close relations between China’s economy and the country’s national defense. …

Read More »

China: Fujian Aircraft Carrier Owes Its Existence To BRI

With China officially launching its aircraft carrier Fujian, questions have arisen concerning such a development. Here, we have answered some questions on different levels according to the timeline, so as to present a clearer picture of the situation, showing the close relations between China’s economy and the country’s national defense. …

Read More »

What Will It Take To End Rampant Home-Price Inflation?

Real wages are falling, inflation is at a 40-year high, and the Atlanta Fed predicts we’ll find GDP growth at zero for the second quarter. Meanwhile, both the yield curve and money-supply growth point to recession. But when it comes to the latest data on home prices, there’s still no …

Read More »

Biden’s Energy Crisis

The ongoing world energy crisis… seems to have proven for once and all that energy independence is a matter of national security. To transition to renewable energy, America would have to transform its energy infrastructure and invest heavily in wind turbines, solar panels and electric cars, all of which require …

Read More »