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Alibaba probe: China's challenges in dealing with monopolies start with the state-owned enterprises

With the recent investigation into Alibaba for alleged monopolistic actions, Chinese legal expert Zong Haichao explores the need for balance in the measures taken by the Chinese government to curb monopolies. While many expect 2021 to be “year one” of the anti-monopoly era, Zong cautions that there are many challenges facing China's anti-monopoly moves, including the presence of state-owned enterprises and the lack of a sophisticated Chinese legislative structure.

Regulating new technologies: Singapore and China can work together

Law experts Tan Chong Huat and Amanda Chen observe that the recent halting of Ant Group’s dual listing on the Hong Kong and Shanghai stock exchanges augur more regulatory changes in the micro-loans industry. While this lowers financial stability risk, will more of such regulations hinder fintech advancements? Where’s the middle ground? In their opinion, there is much that Singapore and China can learn from each other in the regulation of emerging technologies.

Chinese local governments are declaring a 'state of war' to fight the pandemic. Is this necessary?

Yu Zeyuan observes that local governments in China are racing to implement ever-tighter coronavirus measures in the face of an uptick in cases recently. Is this an overreaction and all too much of a show to demonstrate responsibility and preparedness at the citizens’ expense?

China expected to continue stellar economic performance in 2021

Despite the challenges of Covid-19, China registered 2.3% growth in 2020, the only major economy to do so. A combination of able pandemic containment efforts, expansion in industrial production and fixed asset investment, as well as prompt measures to help micro, small and medium enterprises brought them to this point. If this positive trajectory continues, China looks set to continue its remarkable rebound in 2021.

Decoding the 'hyperactive' outgoing Trump administration

The US State Department recently cancelled all overseas trips, including the planned trips by UN envoy Kelly Craft to Taiwan, and Secretary of State Pompeo to Europe. Zaobao associate editor Han Yong Hong takes a look at what it says about the outgoing Trump administration and the implications for President-elect Joe Biden’s team going forward.

Are the Chinese truly collecting art?

With China’s increasing affluence, the nouveau riche are investing in art and cultural artefacts. Wu Zetian’s pleated skirt, exquisite paper from the Southern Tang dynasty, a painting by early 20th century painter Qi Baishi — authentic or not, all are fair game and acquired at the best price. What a shame, says cultural historian Cheng Pei-kai. If only the collector’s hand is not sullied by such commerce.

'Perhaps we are from the same hometown?': A reflection on human relations throughout Chinese history

In this life, are we journeying together or just passing ships in the night? Chiang Hsun ponders the degrees of separation between people who share the same earth. What keeps us walking in parallel, never breaking down customary barriers?

Capitol siege: Is American democracy doomed?

US academic Zhu Zhiqun gives his take on the future of US leadership and the state of its democracy, making the sad observation that from now on, no one in the world is likely to see, respect, or depend on the US in the same way again. But is American democracy truly doomed?

Covid-19 will be overcome, but can China and the US avoid the risk of war and conflict?

US-based researcher Wei Da feels that both China and the US need to make significant adjustments in their relations with each other, or else the scenario of a new Cold War and a real threat of hot war will not be far off. Who needs to understand that the world is different now, and adjustments have to be made? And who is the more backward party that has to adjust more?

Indo-Pacific: The central theatre of 21st century great power struggle

ISEAS academic Daljit Singh notes that the new great power contest has spilled over into the Indian Ocean, and the term “Indo-Pacific” will better reflect the strategic geography of this central theatre of the 21st century great power struggle.

Japanese academic: China needs to show more self-restraint in PLA's military activities

The Chinese People's Liberation Army (PLA) has ramped up its military activities in the South China Sea, East China Sea and around the island of Taiwan in the year 2020. Japanese academic Sugiura Yasuyuki believes that such actions will continue to escalate this coming year. He thinks China needs to exercise some restraint to avoid destabilising the status quo in the East Asia region.

Japanese academic: The Chinese and Japanese differ in their perceptions of Biden's China policy

With US President-elect Joe Biden poised to take office in a week, Japanese academic Shin Kawashima compares how China and Japan view the incoming administration, and how their differing views may impact on foreign relations and geopolitics.

Pick a side: China will counter US sanctions with lawsuits

China’s Ministry of Commerce recently released new rules targeted at blunting the suppressive impact of the US’s long-arm jurisdiction statutes on Chinese companies. The method, however, looks likely to put stress on third-party companies supplying to Chinese companies. Would this be a case of cutting off the nose to spite the face?

Net-zero CO2 emissions before 2060: Is China's climate goal too ambitious?

President Xi Jinping announced at the 75th session of the UNGA last year that China aims to have its CO2 emissions peak before 2030 and to achieve carbon neutrality before 2060. How will its efforts affect China and the world? Ultimately, will taking a bitter pill now help China to leapfrog its constraints and build a sustainable economy?

Why the Chinese public is unenthusiastic about further reforms and opening up

Talks on the China-EU investment deal were concluded on 30 December 2020, lending fresh impetus to China’s further opening up to the world. However, the response so far, both externally and internally, seems to be lukewarm to the idea of what some call China’s third opening up. Zaobao associate editor Han Yong Hong ponders why this is so and analyses where China is likely to go from here.

China-EU investment deal can bolster the world’s post-pandemic recovery

Cai Daolu of the NUS Business School says that the Comprehensive Agreement on Investment (CAI) between China and the EU can help to reduce uncertainty and facilitate the flow of investment, technology and know-how across borders. In fluid times, good old-fashioned economic integration and openness to foreign direct investment are just the booster shot that the world economy needs.