Recent Posts

Why the US should embrace the AIIB

China’s new Asian Infrastructure Investment Bank (AIIB) has been the source of considerable debate. While its supporters believe the bank will fill a much needed investment gap in Asia’s economic development, its naysayers worry that China will use it to further its own economic and strategic goals in the region. They say the very structure of the AIIB allows China ...

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EU discord deepens refugee crisis

EU President Donald Tusk’s stark warning to economic migrants not to come to Europe because it will not welcome them anymore, reflects the deepening refugee crisis in Europe, where some states have been restricting their borders to stem the influx of refugees. “I want to appeal to all potential illegal economic migrants wherever you are from: Do not come to ...

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China’s economic diplomacy concern

A commentary by Vasily Kashin, published by Russian news agency Sputnik on March 1, straightforwardly wrote that China has overestimated the effect of its “economic diplomacy,” and has underestimated the influence of factors like politics, ideology, and military relations. Kashin argues that China has upheld a rather naive belief that as long as it increases trade and investment, it will ...

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