Economics and Business Articles

Chinese President Xi Jinping at the G-20 meeting in Brisbane, Australia, Nov. 16, 2014 (Flickr photo by user blogplanalto licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 2.0 Generic license).

With Reforms, China’s Xi Seeks Course Correction, not Power Grab

By Iain Mills
, , Briefing

Chinese President Xi Jinping’s anti-corruption and governance reforms are not attempts to recentralize power or even re-establish a “cult of personality.” Rather, Xi has acknowledged fundamental problems within the Chinese political economy and is taking meaningful steps to address them. more

Global Insider

Mongolia Shuffles PMs to Address Self-Inflicted Economic Crisis

By The Editors
, , Trend Lines

Last week Mongolia’s parliament appointed Chimed Saikhanbileg prime minister, two weeks after Norov Altankhuyag lost a no-confidence vote. In an email interview, Julian Dierkes, associate professor at the University of British Columbia, discussed Mongolian politics. more

Global Insider

Railway Dispute Shows Weaknesses of China-Mexico Economic Ties

By The Editors
, , Trend Lines

Mexico’s recent decision to cancel a high-speed rail contract with China is the latest example of the unsettled relationship between two of the largest emerging economies. In an email interview, Matt Ferchen of the Carnegie-Tsinghua Center for Global Policy discussed China’s ties with Mexico. more

World Citizen

Houthi Rise in Yemen Puts Saudi Arabia, Iran on Crash Course

By Frida Ghitis
, , Column

One look at a map shows why Yemen has the potential to create serious problems not just for its neighbors but also for the global economy. The country’s troubles have escaped the spotlight mostly because the troubles elsewhere in the region look more acute. That, however, is likely to change. more