China’s global economic impact is no longer state-owned

Chinese workers labor at a steel plant of Ansteel, or Angang Steel Company Limited, a subsidiary of Anshan Iron and Steel Group, in Nantong city, east China's Jiangsu province, 18 April 2013. (Photo: AAP).

Author: Paul Hubbard, ANU

State-owned enterprises (SOEs) are often thought to dominate the Chinese market, with profound implications for the global economy. The US–China Economic and Security Review Commission stated that ‘Soviet-style, top-down planning remains a hallmark of China’s economic and political system’. Read more…

Rule of law deficit behind voter dismay in Philippines

Supporters of Philippine presidential candidate Rodrigo Duterte shouts slogans as they wait outside a bank in Pasig, east of Manila, Philippines on Monday, 2 May 2016. (Photo: AAP).

Author: Imelda Deinla, ANU

One thing that the current presidential campaign in the Philippines has highlighted is how liberal democracy Philippines-style continues to fail to deliver rule of law. The rule of law is, and has always been, at the centre of the discourse on the Philippine elections. Read more…

Why China’s e-commerce rules have exporters in a flurry

Stacks of shipping containers are seen at the Port of Qingdao in Qingdao city, in east China's Shandong province. (Photo: AAP)

Author: Ryan Manuel, ANU

Many travellers’ favourite game involves finding original ways of increasing the amount of duty-free goods they bring through customs. Here in Australia, for example, we appear so fascinated by customs procedures that the reality TV show Border Security is in its 15th season, and has been exported to nearly a dozen countries. Read more…

Why Japan needs India’s talents

Indian Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe shake hands prior to their meeting in New Delhi, India, 12 December 2015. (Photo: AAP).

Author: Anthony P. D’Costa, University of Melbourne

There is a popular saying among Indians that ‘Dubai is the best-run Indian city’. Hundreds of thousands of Indians, as well as others from the Indian subcontinent and Southeast Asia, have been making a living in the Gulf region through temporary contract labour. Read more…

Sri Lanka’s delicate balancing act

Sri Lankan Prime Minister Ranil Wickremesinghe and Chinese Premier Li Keqiang talk during their meeting at the Great Hall of the People in Beijing, Cina, 07 April 2016. The current Sri Lankan administration is pursuing a more ‘balanced’ foreign policy, following the pro-Chinese orientation of the previous Rajapaksa administration. (Photo: AAP).

Authors: Patrick Mendis, Harvard University, and Dániel Balázs, Tongji University

Sri Lanka’s former pro-Chinese ‘strongman’ President Mahinda Rajapaksa was voted out of office in January 2015. The new administration, led by President Maithripala Sirisena, is committed to more ‘balanced’ major power relations. Read more…

Seizing the moment in Asian economic diplomacy

Female Chinese workers sew clothes to be exported to Southeast Asian countries at a garment factory in Huaibei city, 19 January 2016. The Trans-Pacific Partnership will likely divert trade and investment away from non-members. Already some manufacturers are moving from China to Vietnam to take advantage of better access to the US market. (Photo: AAP).

Author: Editors, East Asia Forum

Asia is looking to complete a major economic agreement by early 2017 that offers the chance to lift its growth closer to potential by locking in domestic reform and liberalisation through regional cooperation. The Regional Comprehensive Economic Partnership (RCEP) agreement is Asia’s response to the Trans-Pacific Partnership (TPP) and heralds the next phase in Asian economic cooperation. Read more…

Asia’s next growth frontier

A crane vehicle stacks up containers at the Port of Rizhao in Rizhao city, east China's Shandong province, 28 February 2016. Lifting Asian growth will require a deepening of regional economic integration and cooperative commitment to the reforms. (Photo: AAP).

Author: Peter Drysdale, ANU

The steady state in the Asian region is growth and dynamism that requires continuous structural change and adjustment. The trajectory of China’s potential rate of growth is certainly 2 or 3 percentage points lower than it was a decade ago, but even at around 6 per cent over the coming decade the massive Chinese economy can still grow at two to three times the rate of the world economy as a whole. Read more…