Asia Times

Monetary

BRICS currency gambit a timely warning to the buck

Recently concluded BRICS meeting in Cape Town may go down in history as the moment the anti-dollar movement came of age

by William Pesek

Opinion

Washington’s self-defeating foreign policy

Multifront struggle proves difficult as the US, focused on Ukraine, is weakened in the Mideast and East Asia

by Stephen Bryen

Security

Did Shangri-La give birth to a new Quad?

US, Japan, Philippines and Australia’s first-ever quadrilateral meeting held on forum’s sidelines raised joint South China Sea patrols

by Richard Javad Heydarian

Indonesia

Bali drowning in a tide of runaway mass tourism

Once pristine areas of resort island face rampant development as new breed of tourists brings conflict, cons and congestion

by John McBeth

United States

US in an ill-conceived turn to neo-mercantilism

Neoliberalism is out and neo-mercantilism in as US decoupling from China abandons adherence to rules-based, free market trade

by Gary Clyde Hufbauer

Edited by David P. Goldman and Uwe Parpart

Kissinger: Bring Ukraine into NATO to stop them from acting alone

Western press coverage missed the point of Kissinger’s support for NATO membership for Ukraine. Here’s what he told the Economist: Henry Kissinger: To Putin, Ukraine…

China’s high-class unemployment problem

China’s record 20.4% youth unemployment, Nancy Qian writes May25 in Project Syndicate, will “weaken the China’s economy near- and long-term prospects.” China’s high-tech economy hasn’t…

Chinese, not Korean chipmakers will benefit from Micron ban

China’s Micron ban will benefit Chinese memory chip makers, not Korea: Hynix shares rose modestly overnight while Micron shares fell about 6% after China’s Cyperspace…

Deeply reported news, expert analysis and distinctive opinion that move markets

The high, high cost of sanctioning Huawei

by Scott Foster

Elon Musk tears up the decoupling script in China

by William Pesek

Deflation risk stalking China’s economic recovery

by William Pesek

Japan boldly igniting a national fusion revolution

by Jonathan Tennenbaum

Japan a likely tech winner of China ‘de-risking’

by Scott Foster

An indispensable risk-management and opportunity-identification tool

THIS WEEK’S EDITION INCLUDES:
• Investment strategy: Not a time to play the hero
• Ukraine: What next and to what effect?
• The China bailout that wasn’t
• Russian air offensive intensifies as Ukraine grapples with stalemate
• China’s C919 passenger jet’s maiden voyage could invite US sanctions
• Japan likely to benefit from ‘de-risking’ China, at least in the short run