Alan Wheatley


Brexit shows Asia that politics and trade don’t mix and we’re better together 

Brexit shows Asia that politics and trade don’t mix and we’re better together 

Brexit is less than a month old but the UK is already paying a heavy price for its decision to quit the European Union, the world’s largest free trade area – and Asia can learn lessons from what threatens to be a monumental act of self-harm.Remainers who wanted to stay …

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China and Asia look to put plague year behind them

China and Asia look to put plague year behind them

(ATF) Its economy is recovering impressively, its financial markets are buoyant and it has strengthened its regional clout: China goes into 2021 in a much more enviable position than President Xi Jinping could have dared hope at the height of the coronavirus crisis.If any country can be said to have …

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Carrie Lam’s cash stash and the future of the dollar

Carrie Lam’s cash stash and the future of the dollar

(ATF) The next time China boasts about the growing global clout of the renminbi, ask yourself why Carrie Lam is gradually disappearing under a mountain of banknotes.The Hong Kong government’s chief executive can’t have her salary of about HK$5 million a year ($640,000) paid into the bank because, well, she …

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Global economy set to warm up faster than US-China relations

Global economy set to warm up faster than US-China relations

(ATF) With progress on Covid-19 vaccines, prospects for the world economy in 2021 are brightening. But the same cannot be said yet for US-China ties, despite hopes for an improvement under Joe Biden. Investors snapping up Chinese assets must guard against complacency and price in continued political risk.Global markets are …

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Don’t start the coronavirus celebrations too soon

Don’t start the coronavirus celebrations too soon

(ATF) A vaccine for coronavirus is thankfully in sight, but a swift end to the global economy’s woes is not. Hopes that a recovery will unfold in 2021 are justified, but the path will be bumpy and depend entirely on progress in defeating the disease.The challenge of repairing the economic …

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Joe Biden and the future of US-China ties

Joe Biden and the future of US-China ties

(ATF) Feelings against China are running so high across the US political spectrum that Beijing should expect a continued rough ride under Joe Biden. For if he becomes president the Democratic nominee is likely to revive alliances that Donald Trump has scorned to press China on everything from unfair competition …

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The digital yuan and the power of currencies 

The digital yuan and the power of currencies 

(ATF) With a clear eye on China, the European Central Bank has sounded the alarm that Europe could lose its very sovereignty, not just its economic autonomy, if it fails to develop a digital euro. The warning is a reminder of how much is at stake politically in the global …

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