Bottom Up Works Best But The Top Needs To Show Who Is Boss
As mentioned in an earlier post, “The Real Damage to China,” one of the biggest stories to go relatively uncovered, was the cancellation of the Initial Public Offering (IPO) of Ant Financial Group (“Ant”). The story was overshadowed by the results of the US election, and while the identity of the US President and his...
Singapore to serve as a base for US Navy
Should Singapore agree to the request by the US Navy to be their base? Will China sees this as a threat? How can the government respond to this request? Here are my views. a) Singapore already has an agreement to provide naval facilities to the US Navy. This new request can be an extension of the current arrangement. b) I suppose...
Free Trade Agreement (FTA)
RCEP is a Free Trade Agreement (FTA). However, it has very little to do with increasing trade, but rather to guarantee the rights of MNCs when they invest in a foreign country. Whenever our government talk about FTAs, it likes to point out that tariffs of goods will be slashed and therefore will be cheaper and trade will increase....
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