In The News

George Magnus April 24, 2020
The Covid-19 pandemic is roiling governments around the globe, even China, despite a propaganda push that maintains China contained the virus with success. After centralizing control, China’s President Xi Jinping can expect to bear responsibility for pandemic-related challenges, including high debt levels, unemployment, an aging population and families hesitant to have more than one child,...
Kishore Mahbubani April 23, 2020
Kishore Mahbubani, founding dean of the Lee Kuan Yew School of Public Policy, has long observed that the era of Western domination is ending. The Covid-19 pandemic hurries the demise and marks the start of an Asian century. “The crisis highlights the contrast between the competent responses of East Asian governments (notably China, South Korea and Singapore) and the incompetent responses of...
Hilary Guite April 22, 2020
Researchers concede Covid-19 as a new virus presents many unknowns. Hence, community leaders and individuals should practice caution. Hilary Guite reports on studies that monitored subjects day by day. About 80 percent of patients report mild or no symptoms, yet the disease is infectious during the presymptomatic phase, and she writes, “SARS-CoV-2 can bind 10 times more tightly to insert its RNA...
Darren McCaffrey April 22, 2020
Sweden rejected economic lockdowns and border closures as overly cautious in managing the Covid-19 pandemic. The country did ban large gatherings, closed some schools, and told its older population to self-isolate, reports Darren McCaffrey for Euronews. Restaurants, primary schools and most businesses remain open. The disease has not overwhelmed hospitals, and Swedish people support the approach...
April 21, 2020
The World Intellectual Property Organization reports that China filed more applications for international patents in 2019, surpassing the United States, which held the lead since the organization began in 1978: China filed 58,990 applications, and the United States filed 57,840. The organization received more than 265,000 applications, most from Asia. Patents signal innovation, economic strength...
Nora Schlenzig April 21, 2020
The Belt and Road Initiative represents a wide variety of Chinese overseas initiatives, explains Nora Schlenzig of the Lowy Institute. “The initiative itself has gone through several rounds of rebranding since its official launch by Xi Jinping in 2013,” she explains, including One Belt, One Road Initiative and New Silk Road. “Supporters see it as a long-overdue plan for global infrastructure...
Catherine Ngai, Olivia Raimonde and Alex Longley April 20, 2020
The Covid-19 pandemic stopped the global economy, and the price of future contracts for West Texas Intermediate crude oil, in May plunged into unprecedented negative territory. Brent and other pricing benchmarks also fell. Energy companies and distributors have no place to store oil, and there is no interest in crude contracts that require delivery, regardless of low price. “Underscoring just how...