Trade Archive

BELFAST, Northern Ireland—For more than a week earlier this month, Northern Ireland was rocked by riots in pro-British unionist communities, with frequent outbursts of violence in areas bordering on pro-Irish nationalist neighborhoods. Thankfully, no one was killed, but almost 90 police officers were injured in efforts to quell the unrest and keep youths on either side of the “peace walls”—effectively enhanced security barriers separating the two communities—from attacking one another. The main trigger for the disorder was the recent decision by local authorities not to prosecute leaders of the staunchly nationalist Sinn Fein party for attending the funeral last summer […]

The recently finalized 25-year comprehensive cooperation agreement between Iran and China has been referred to in the media as a “game-changer,” a “breakthrough” and a “major geopolitical shift,” but in reality, it is much ado about nothing. Signed with great fanfare on March 27, during Chinese Foreign Minister Wang Yi’s visit to Tehran, the deal does provide Iran with a political and rhetorical win in the context of its ongoing negotiations over the revival of the 2015 nuclear deal. Beyond the optics of the agreement with China, though, the substance follows the same playbook that Beijing and Tehran have developed […]

China has a long history of wielding its immense market power as a tool of economic coercion. During the first half of the 20th century, it fought back against colonial powers by organizing boycotts of goods from the United States, the United Kingdom and Japan. Nearly a century later, China is again using the boycott as a weapon against what it views as unwanted outside interference—in this case, criticism from foreign officials and businesses over allegations of human rights abuses against ethnic minorities in China’s Xinjiang region. Yet despite its $14 trillion economy—the world’s second-largest—the threat of a Chinese boycott […]

Indian Prime Minister Narendra Modi’s two-day visit to Bangladesh last month may not have led to any big-ticket announcements, but it was high on symbolism. Modi was honored as the chief guest during celebrations for the 50th anniversary of Bangladesh’s independence on March 26, as well as the birth centenary celebrations of the country’s founder, Sheikh Mujibur Rahman. Both Modi and his Bangladeshi counterpart, Sheikh Hasina, Rahman’s daughter, used the visit as an opportunity to commemorate India’s role in supporting Bangladesh’s war of liberation from Pakistan in 1971 and highlight the deep cultural and historical linkages between the two countries. […]