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China defends market economy hopes after EU condemnation

On Monday, China heavily criticized the European Parliament for a resolution passed last week that squarely took aim at Beijing’s bid for market economy status at the World Trade Organization (WTO). In the non-binding resolution last Thursday, EU legislators declared that China still fails to meet the criteria for a market economy as defined by EU law and that there ...

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Taiwan’s transition a strategic chance for US

  Taiwan will inaugurate a new president this week who China hates but America should love. On Friday, Taiwan’s newly elected president, Tsai Ing-wen, will come into office amidst a storm of controversy and scandal. She will then begin a long hard slog through a cross-Strait political minefield, alienated from the world and increasingly unpopular at home. That is, if ...

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Amid protests, Vietnamese look to Obama’s visit

  Duyen Bui SPECIAL TO EMIRATES BUSINESS Vietnamese officials and the Vietnamese people are waiting in anticipation to welcome U.S. President Barack Obama in about a week. But each have very different reasons for awaiting Obama’s visit. The Vietnamese government will be laying out the red carpet for the leader of its former enemy, with whom it now seeks alliances ...

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