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Putin starts war on shale oil
MOSCOW: At 10:16 am on a wet and dreary Friday morning, Russia’s energy minister walked into Opec’s headquarters in central Vienna knowing his boss was ready to turn the global oil market upside down.
Cambodia leads in China diplomacy amid epidemic fears
CAMBODIAN Prime Minister Hun Sen stood out in regional diplomacy this month as he became the first foreign leader to visit Beijing amid fears over the highly contagious and deadly coronavirus (Covid-19) outbreak that is hitting Wuhan and other parts of China.
Trump escalates trade war
WASHINGTON: President Donald Trump abruptly escalated the trade war with China, throwing the focus on how Beijing will respond to a step that threatens to scupper the chances of a deal between the two sides.
China's Belt and Road getting reboot to clean up its image
BEIJING: Chinese President Xi Jinping’s grand Belt and Road Initiative is getting a makeover to tone down government rhetoric and tighten oversight, after allegations of corruption and a lack of sustainability dogged some of its highest-profile projects.
Court questions law that underpins Trump’s trade policy
Judges hear arguments in suit brought by steel importers and foreign producers
Huawei clash shows deeper US-China battle for global influence
HONG KONG: The Trump administration has insisted the arrest of a top Huawei executive has nothing to do with trade talks. In Beijing, it’s just the latest US move to contain China’s rise as a global power.
BRICS and BRICS Plus: Unlocking growth potential
BRICS nations, comprising Brazil, Russia, India, China and South Africa, gathered in Johannesburg, South Africa on July 25, 2018 for their 10th summit, “BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the Fourth Industrial Revolution.”
Xi looks to Africa to counter criticism of aid efforts
BEIJING: President Xi Jinping is expected to use a gathering of dozens of African leaders in Beijing to push back against criticism that China’s vast development initiatives risked saddling emerging economies with debt.
Globalisation, inequality, convergence, divergence
KUALA LUMPUR: Economic divergence among countries and regions was never pre-ordained. According to the late cliometrician Angus Madison and other economic historians, the great divergence between the global North and South, between developed and developing countries, began around five centuries ago, from the beginning of the European, particularly Iberian colonial conquests.
US, China prepare for trade battle
As midnight deadline looms, some say trade fight could stretch into next year
