The Guardian (August 10)
“China’s attempt to hold together conflicting interests on the war in Ukraine – maintaining its ‘no limits’ partnership with Russia, without damaging its relationship with western nations and its tarnished global brand too greatly – has proved awkward.” Beijing’s gestures “should not be mistaken for a substantive shift in position. But they should not be ignored either.”
Tags: Awkward, China, Conflicting interests, Damaging, Gestures, Global brand, Partnership, Russia, Tarnished, Ukraine, War, Western nations
Euromoney (June Issue)
In Asia, “regulatory co-ordination efforts are failing to keep pace with banking and capital flows, as there is no single authority to call…. Diverse markets, conflicting interests and failed policymaking add to the regulatory challenge.” APEC, the Asean Economic Community and the Chiang Mai Initiative aren’t meeting this challenge, leaving “Asian policymakers, supervisors and securities officials [to] coordinate policies and assess financial stability through a fragmented and ad-hoc series of talks and negotiating blocs that are not fit for purpose.”
Tags: Ad-hoc, APEC, Asean, Asia, Authority, Capital flows, Conflicting interests, Coordination, Diverse markets, Financial stability, Fragmented, Policies, Policymakers, Regulatory, Securities officials