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Chinese R&D Goes Global

August 31, 2016
China is transforming from recipient of foreign direct investment to source as its firms set up new research and development operations. Chinese firms have announced nine new overseas research centers during the first half of 2016, reports Financial Times, as compared with the United States, 16...

US-China Trade Deal Not Enough: Project Syndicate

February 18, 2019
If the US and China fail to negotiate a comprehensive trade agreement, bilateral trade, the economic relationship will erode as tariffs of up to 25 percent are applied on $200 billion of Chinese exports to the US, thus encouraging relocation of business activity out of China. Even if the two...

“Silent Night” in China

December 20, 2007
During the 1980s, Christmas in China was a quiet affair, celebrated only by foreigners, as the atheist Communist Party did not endorse such celebrations. But much has changed for the factory to the world: China not only manufactures about 80 percent of all Christmas paraphernalia, but also...

Globalization Is More About Data and Less About Stuff

March 18, 2016
Recent trends in globalization emphasize cross-border data and digital flows, argues a team from McKinsey Global Institute, an argument that coincides with YaleGlobal’s definition of globalization as the interconnectedness of the world in every area including trade and communications. “Today growth...

Schism Between Sunni and Shia Has Poisoned Islam for 1,400 years – It’s Getting Worse

February 27, 2014
So many nations are polarized with ongoing conflict, and one reason is religious intolerance. In Muslim nations, a sharp religious divide between Sunni and Shia Muslims – one that began over who would succeed the Prophet Mohammed after his death in the 7th century, still contributes to jihad and...

Tragedy Knocking at Latin America’s Door: Este Pais

May 4, 2020
The health and economic shocks of Covid-19 could surpass any challenge of the previous century for Latin America and the Caribbean. Mixed responses – some swift and efficient with a focus on saving lives; others incompetent and political – could devastate the region. With global economic...

US Lags in Race for Tech Talent

October 26, 2012
The US is highly protectionist on labor and jobs. The country remains a top destination among skilled talent because of its opportunities in education, angel investors and markets. But regulations on visas that allow immigrants to work at US firms increasingly lead to bottlenecks in the application...

COVID-19 Hits Indian Outsourcing: Financial Times

April 4, 2020
As the COVID-19 spreads in India, Prime Minister Narendra Modi announced a 21-day nationwide shutdown with a strict curfews and limitations on running non-essential businesses. The shutdown poses disruptions for one of India’s pillar industries – IT outsourcing serves many major multinational...
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