Upcoming Seminars and Events
Former and first Chinese Interpol chief investigated by China’s anti-corruption body and Chinese entertainment celebrities’ tax evasion scandal
Tuesday, 9 October 2018
On 6 October, Interpol urged China for information about its chief Meng Hongwei, who vanished during a home visit to China. A day thereafter, China’s Central Commission for Discipline Inspection website announced that Meng was under investigation for illegal misconduct, and on the same day, Meng’s resignation from Interpol took effect.
China pumped $175 billion into the growth-decelerating economy
Tuesday, 9 October 2018
The US-China trade war that exposed China to more economic difficulties and the slow growth in domestic consumption have added to the concerns of the government. To counter the downward pressure to the economy, the Chinese authority has taken measures to stimulate demand and create a more accommodating environment for growth, including re-activate infrastructure projects and free up more money by cutting reserve ratio so as to ensure “reasonable and sufficient liquidity” in the market.
China’s “Tiger” Hunt and India’s Demonetisation: Perspectives from Local Officials on Anti-Corruption
26 October 2018
Anti-corruption campaigns in China and India have received much attention. In China, 1.5 million party members have been disciplined since 2012, while India has demonetised all ₹500 and ₹1,000 banknotes. The current leaders of the two countries have displayed their determination to work towards a clean government. Indeed, figures by Transparency Index have shown that the Corruption Perception Index of both countries are quite similar over the past decade. Nevertheless, this index is insufficient to differentiate the types and nature of corruption in the country.
Managing Change: China’s X-Factor
15 October 2018
America is divided by culture wars, Europe is adjusting to Brexit and post-Asian economic miracle economies are challenged by anaemic economic growth. On the other hand, China is sustaining high growth. While some see China as an exception and propose to learn from China’s development approaches, Mr Hugh Peyman disagrees with such positions. He suggested that the key to China’s success today lies in its understanding of change, that is its X-factor.
NORTH KOREA’S ECONOMIC PROSPECT AFTER TRUMP-KIM SUMMIT
CHIANG Min-Hua, 20 September 2018
The Trump-Kim meeting on 12 June 2018 in Singapore raised hopes of lifting sanctions and bolstering North Korea’s economy. Beyond geopolitical factors, North Korea’s economic growth potential lies in its geographic location, abundant natural resources and relatively cheap labour force. However, it will take time for North Korea to reform its current economy towards market-based economic system. Due to its long-term inward-looking economic policies, the country lacks the experience to flexibly respond to the global economic fluctuations. In the long run, North Korea’s economic achievement will largely depend on its integration with the global economy. How North Korea manoeuvres its relations with its neighbouring countries, particularly the United States and China, is critical for its economic advancement in the future.
JAPAN’S FOREIGN TALENT POLICY
LIM Tai Wei, 20 September 2018
To attract high skilled workers, Japan’s authorities have adopted the points system for evaluating immigration eligibility. From 2012, the Japanese point system for skilled foreign workers has been based on case-by-case biodata to fast-lane proficient employees to become permanent residents. Applicants with 70 points or more are eligible for permanent residency after five years. In 2017, the five-year requirement is further reduced to three years for employees with 70 to 79 points and down to just 365 days for employees scoring 80 points and above. Japan has good public order, high environmental standards, and Japanese in general are known for being polite and cultured. These and other factors are enough to attract economic migrants and highly mobile global talents.
East Asian Policy
Volume 10, No 3, Jul/Sep 2018
China: An International Journal
Volume 16, No 3, August 2018
China’s Development: Social Investment and Challenges
by ZHAO Litao