Globalisation

People visit the promenade on the Bund along the Huangpu River, 1 May 2021, Shanghai, China. (Hector Retamal/AFP)

Why the world will face a global leadership vacuum

Chen Kang explains why global governance is hard to achieve, not least due to the limited effectiveness of multilateral organisations, the waning willingness of the US to lead in global governance, and the conflicts between global governance and national sovereignty.
Participants wave national and party flags as balloons are released at the end of the event marking the 100th founding anniversary of the Communist Party of China, at Tiananmen Square in Beijing, China, 1 July 2021. (Carlos Garcia Rawlins/Reuters)

Chinese ambassador Hong Xiaoyong on CPC’s centenary: Towards a brighter future

On 1 July, a ceremony was held at Tiananmen Square in Beijing commemorating the 100th anniversary of the Communist Party of China. Chinese ambassador to Singapore Hong Xiaoyong shares his thoughts on the key tenets the party has abided by to bring the country this far, and how it will steer the country’s relations with other countries in the years to come.
A pedestrian wearing a face mask walks over Westminster Bridge near the Houses of Parliament in central London on 7 June 2021. (Tolga Akmen/AFP)

China's Greater Bay Area ready market for British education exports

While the UK imports a high volume of goods from China, it exports many sought-after services in areas including finance, law and accounting. Its latest niche is its expansion into education, targeting the Guangdong-Hong Kong-Macau Greater Bay Area.
CASA, an advocacy organisation for Latino and immigrant people and other immigrant advocacy groups, rally outside the White House in Lafayette Park, to demand that the Biden administration take action on citizenship for all on 26 May 2021 in Washington, DC. (Mandel Ngan/AFP)

Chinese academic: Developing nations must be wary of internet platform companies and their capital

Qiao Xinsheng points out that one should not have any expectations about the globalisation of the job market. In the internet economy era, even though internet platform companies facilitate capital’s global search for talent, this has not improved labour’s freedom of movement in search of better job opportunities. Cheap labour will continue to be exploited through the long arms of overseas capital. Not only that, with these companies' technology-enabled capabilities to collect massive amounts of data, national security will be a concern.
People attend a vigil commemorating the 32nd anniversary of the 1989 Tiananmen square pro-democracy protests and crackdown outside of the Chinese consulate in Los Angeles, California on 4 June 2021. (Patrick T. Fallon/AFP)

A question of human rights: Is China an aggressor and oppressor?

Chinese academic Li Yuehua takes a look at reports on China’s human rights record, and analyses whether it really deserves its negative reputation. Hasn’t China tried to improve the lives of its people, and isn’t the right to survival and development a major part of human rights? He believes that painting China as an aggressor and oppressor only fulfils the interests of a few politicians to the detriment of people-to-people relations between China and the West.
U.S. President Joe Biden, accompanied by Vice President Kamala Harris, speaks at the Rose Garden of the White House in Washington, U.S., 13 May 2021. (Kevin Lamarque/Reuters)

Can America beat China with Biden’s US$6 trillion stimulus plans?

US-based Chinese researcher Zhou Nongjian takes a close look at Biden’s US$6 trillion stimulus plans to improve the US economy and meet the challenge from China. He asserts that infrastructure-building and poverty assistance plans are stop-gap measures that will not address fundamental problems such as the US’s loss of industries and declining national strength. Is the US president putting the cart before the horse?
A woman walks past an Alibaba sign outside the company's office in Beijing, China, on 13 April 2021. (Greg Baker/AFP)

Blacklisted and fined: The end of Chinese tech companies' heyday?

In the aftermath of the US$2.8 billion fine imposed on Alibaba, Xu Le reflects that for Alibaba, this is no big shakes as the amount makes up only a small percentage of its revenue. However, in the larger scheme of things, industry players will be saying goodbye to unregulated days of wild growth. They too will have to grit their teeth and get ready for fiercer domestic competition amid a harsh external environment. Will this mean a slowdown in China's tech and internet sectors?
OSIM International CEO Charlie Teo. (OSIM)

[Sponsored content] 28 years in China, Singapore brand OSIM continues to thrive amid the pandemic

Since its inception in 1980, homegrown massage chair specialist OSIM International has striven to gain and maintain its foothold as one of the world’s leading wellness brands. China, with its vast market, is an important piece of the puzzle. OSIM’s presence in China for 28 years is not without its travails, but through constant innovation and a willingness to adapt to change, it continues to find a way to thrive amid the competition. CEO Charlie Teo shares the OSIM experience.
People walk with umbrellas in Lujiazui financial district in Pudong, Shanghai, on the day of the opening session of the National People's Congress (NPC), China, 5 March 2021. (Aly Song/Reuters)

Post-Covid-19: Asia will be the beating heart of the world

Amid the gloom, there’s room for optimism in Asia in the post-Covid-19 landscape, says Benjamin Hung, CEO, Asia, Standard Chartered. The pandemic has speeded up structural changes in this growing region’s business landscape, and created greater opportunities which will pave the way for Asia’s strong rebound in 2021 and beyond.