Xi Jinping
Op-ed: The four big threats to China’s economy
William Rhodes and Stuart Mackintosh have identified four distinct but overlapping economic risks for China. Future Publishing | Future Publishing | Getty Images The following commentary is co-authored by William R. Rhodes, CEO of William R. Rhodes Global Advisors, former chairman and CEO of Citibank, and author of “Banker to the World: Leadership Lessons from […]
Read More
Asia-Pacific stocks set for higher start as investors await Bank of Japan monetary policy decision
SINGAPORE — Asia-Pacific stocks looked set to trade higher at the Thursday open, as investors in the region look ahead to the Bank of Japan’s latest monetary policy decision. Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,485 while its counterpart in Osaka was at 26,480, […]
Read More
China’s Xi announces another infrastructure push to boost growth as Covid drags on
China had 37,900 kilometers (23,550 miles) of operational high-speed rail as of the end of 2020, which the country claims accounts for more than two-thirds of the world’s total. Zhang Bin | China News Service | Getty Images BEIJING — As Covid controls drag down growth, China plans to boost its economy with more infrastructure […]
Read More
Op-ed: A new world order is emerging — and the world is not ready for it
DUBAI – “Are we ready for the new world order?” The provocative title of the panel that lead off the ambitiously named World Government Summit here last week was framed to suggest that a new global order is emerging — and the world is not ready for it. There has been a proliferation of writing […]
Read More
Investor Kyle Bass: Globalization isn’t over, just don’t invest in countries run by despots
Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing in countries that aren’t democracies, Texas hedge fund manager Kyle Bass said on CNBC on Thursday, “You don’t have to paint it with that broad of a brush,” the founder […]
Read More
Xi’s gamble on Putin may be the most dangerous and short-sighted of his nine years in power
It becomes clearer every day that Chinese President Xi Jinping’s decision to double-down on his “no limits” strategic bromance with Russian President Vladimir Putin, just days before the Russian dictator launched his war in Ukraine, marks the most dangerous and short-sighted gamble of his nine years in power. If Europe’s bloodiest conflict since World War II […]
Read More
Black box found from Boeing passenger jet that crashed in China, state media says
Paramilitary police officers conduct a search at the site of a China Eastern Airlines plane crash in March 2022 in Tengxian county, Wuzhou city, in China’s southern Guangxi region. AFP | Getty Images BEIJING — One of the two black boxes containing data from Monday’s China Eastern Airlines plane crash has been found, Chinese state […]
Read More
China crash is ‘unprecedented’ given Boeing 737’s stellar safety record, says aviation analyst
For an aircraft like China Eastern’s Boeing 737-800 to crash in midflight is “simply unprecedented,” said one aviation analyst who cited the plane’s excellent safety record. “Air travel is the safest form of transport. But when we do suffer incidents or accidents, we don’t see anything like what we have seen in China over the […]
Read More
China Boeing 737 plane crash: No reports yet of bodies or survivors
BEIJING — No bodies or survivors have yet been found from the China Eastern Airlines crash as of Tuesday morning, Chinese state media said. The domestic flight on a Boeing 737-800, which was carrying 132 people, nosedived Monday afternoon in the southern region of Guangxi, China’s aviation authority confirmed. The cause of the crash remains […]
Read More
China is managing its Covid outbreak one new local crisis at a time
A worker wearing personal protective equipment disinfects a truck entering JD.com’s logistics park in Shanghai, China, on Wednesday, March 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — As some parts of China reopen, others are imposing new Covid-related restrictions, reflecting the challenge government officials face in controlling the worst outbreak since early […]
Read More