Post Tagged with: "politics"

Pakistan charts a new course under the PTI

Pakistan charts a new course under the PTI

Author: Sajjad Ashraf, Islamabad Pakistan’s politics remained typically bumpy during 2018. The year centred initially on former prime minister Nawaz Sharif, who was disqualified from holding public office for life and sentenced to a 10-year prison term for possessing undeclared wealth. Sharif’s daughter, his chosen political heir, was sentenced to […]

Can China walk out of economic difficulties by relying on its old playbook of debt?

Can China walk out of economic difficulties by relying on its old playbook of debt?

China is banking on a new wave of debt-fuelled infrastructure spending to arrest a deepening economic slowdown, but the surge in local government debt may complicate Beijing’s long-term efforts of reining in financial risks in its economy. In an unusual move last week, China’s National People’s Congress Standing Committee authorised […]

China must quickly ‘quench the immediate thirst’ of a deepening economic slowdown, senior economist Yu Yongding says

China must quickly ‘quench the immediate thirst’ of a deepening economic slowdown, senior economist Yu Yongding says

Arresting a deepening economic slowdown, not making “baseless” deep-rooted structural reforms, should be the top priority for China’s economy in 2019, a senior economist said. Yu Yongding believes Beijing needs to take every possible measure, including increasing money supply and boosting fiscal spending, to prevent the world’s second largest economy […]

China economy endures bad start to 2019 as private data highlights weakening manufacturing sector

China economy endures bad start to 2019 as private data highlights weakening manufacturing sector

China’s slim hopes of an economic upturn in 2019 suffered a blow on the first working day of the new year as a privately compiled economic gauge showed signs of weakening manufacturing activities. The Caixin Purchasing Managers’ Index (PMI), which tracks the activities of small and medium-sized enterprises, dipped below […]

Pharma firms face shake-up with China’s plan to bulk-buy drugs

Pharma firms face shake-up with China’s plan to bulk-buy drugs

China’s plan to drive down generic drug prices through a centralised bulk procurement programme is set to redraw the industry by forcing its thousands of small generic drug makers to streamline and consolidate after decades of enjoying outsized profit margins. “There won’t be a second act for traditional generic drug […]

China prepares for testing 2019 by freeing up US$210 billion in latest move to boost ailing economy

China prepares for testing 2019 by freeing up US$210 billion in latest move to boost ailing economy

China made its first major monetary policy easing announcement of 2019 on Friday as Beijing prepared to roll up its up sleeves to battle a year that is expected to be filled with economic hardship as well as numerous other challenges at home and abroad. The People’s Bank of China […]

An ‘atheist’ empire? Trump aides rally evangelicals in China fight

An ‘atheist’ empire? Trump aides rally evangelicals in China fight

This story is published in a content partnership with POLITICO. It was originally reported by Nahal Toosi on on December 30, 2018. Vice-President Mike Pence infuriated Beijing when he gave a speech in October warning that China had become a dangerous rival to the United States. While he focused on […]

Hun Sen’s Monument to Himself

Hun Sen’s Monument to Himself

Having arrested his main political rival and transformed Cambodia into a de facto one-party state, Prime Minister Hun Sen continued his authoritarian streak by inaugurating a massive stone monument commemorating his own achievements. “Cambodia has united from the many factions to two and to one like today,” Hun Sen said, […]

Singapore’s PAP managing uncertainty

Singapore’s PAP managing uncertainty

Author: Bridget Welsh, John Cabot University Singapore’s 2018 was eventful. Key developments had less to do with the city-state’s ASEAN chairmanship and more to do with the governing People’s Action Party’s (PAP) responses to growing uncertainty related to domestic pressures and regional developments. In keeping with the norms of the […]

‘I was also accidental prime minister‘: Deve Gowda amid row over film

‘I was also accidental prime minister‘: Deve Gowda amid row over film

Bengaluru: Former Prime Minister H D Deve Gowda on Friday said he too was an “Accidental Prime Minister” amid a political row over the movie with the same title. The film is based on Manmohan Singh's tenure as India's prime minister from 2004 to 2014 with the Congress alleging it […]