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
The Trump victory was a "stunning surprise" to Washington and mainstream media. But it was very much in line with voter distrust in both Clintons and Washington's ruling class.
According to the World Bank, China is an upper-middle-income country. However, only structural reforms will allow China to surpass the middle-income trap.
After the bizarre 2016 election, Washington faces a slate of investigations and a gridlock. Internationally, threats include new Cold War(s). Depending on the outcome, the election could even be contested.
In the coming years, China and India must decide whether their bilateral ties will be based on economic cooperation, political facilitation and strategic trust or economic walls, political barriers and strategic containment.
According to the third-quarter data, China's economy grew 6.7 percent for a third consecutive quarter. Critics claim otherwise. Yet, the real disagreement involves business cycles and secular trends.
In advanced and emerging economies, preferences for either Clinton or Trump differ based on the candidates' views on trade, the economy, and foreign policy doctrine.
Starting in Hangzhou, for the first time, emerging and developing economies may have a bigger voice in the global economy. It is a very belated start of a long effort to transform global governance.
The Olympic Games celebrates struggle for excellence, not costs. As more emerging economies are hosting the Olympics, it is time to recall the Olympic Creed.