Dr. Steinbock is Guest Fellow of Shanghai Institutes for International Studies (SIIS). He also has affiliations with think-tanks focusing on the United States, Europe and India. For more see: http://www.differencegroup.net
As China's growth decelerates, international observers see the country approaching a "severe downturn." However, they miss the continuing rapid increase in Chinese living standards.
Amid the fifth anniversary of the Shanghai Free Trade Zone, new economic zones are proliferating in China's critical productivity centers. Despite trade wars, China is opening but on its own terms.
In the past few years, American attitudes toward China have been shifting. However, this didn't start in the Trump era, as most U.S. observers argue, but with President Obama's effort to militarize and split Asia.
According to the 2018 IMD World Competitiveness report, Philippines ranking plunged nine notches. In reality, competitiveness indexes often fail to capture disruptive change.
China's economic growth is taking a new "high-quality" approach with greater emphasis placed on living standards, poverty reduction and environmental protection.
Now that the White House seeks to turn China's steel and aluminum overcapacity into a national security matter, America's new protectionism risks international trade discord.
As Olympic torch is moving toward emerging economies, it is time to come up with innovative solutions and appropriate cost controls to finance the games.
Iran's recent volatility reflects US effort to undermine the nuclear accord as Iran is amid economic transition and increasingly looking toward the East.