Klein's Commentary

Go beyond the headlines

Down but Not Out – Japan’s Economy in Recession

While Europe’s troubles continue making headlines Japan’s economy slipped back into recession in late 2012 with barely a mention. Why the difference? Perhaps the island economy shows no hope of recovery after twenty plus years of stagnation, its quiet fade into economic history a near certainty. That would be a decidedly misguided interpretation. After the…

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North Korea Misfires (Again)

Playing the same song (I was going to say record) over and over again gets old. And quoting oneself is lazy for a writer, but North Korea’s latest missile launch is so similar, in geopolitical terms, to its 2009 foray into the rocket business that I couldn’t help myself. From a May 27, 2009 NYT…

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Asia Integration Leaves U.S. Behind

You can’t blame them for trying. U.S. trade negotiators have been at it for years but conclusion of the Trans-Pacific Partnership (TPP) keeps receding over the horizon. A June deadline was floated and then passed quietly by. The end of 2012 came next (here and almost gone). Japan and possibly even Korea thought of joining…

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China’s Questionable Market Recovery

Money has to stay fit. It gets soft just lying on the couch, feet up on the coffee table, flipping through reality TV shows.  And this week the money looks like its running back to Asia. The Shanghai composite index jumped 2.87% on Wednesday prompting a flurry of reporting on the re-awakening of China’s stock…

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Five Quick Fixes to Grow China’s Economy – Quartz Article

The veil has finally been lifted on China’s leadership mystery. Questions now loom large over what, if any, reforms are likely over the next decade. So far critiques of the new seven-member ruling body point to a more conservative streak (don’t expect a democratic thaw anytime soon.) Those with the strongest reform credentials were either…

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100 Minutes of Lip Service – Quartz Commentary

China’s political transition is in full swing in Beijing, replete with lengthy speeches and obligatory internet crackdowns. Outgoing President Hu Jintao’s lengthy reading of the most pressing issues facing the party—in oratory second only to Castro’s multi-hour monologues (minus the Cuban’s fiery delivery)—went on for a good 100 minutes. He made an ominous warning over corruption spoiling…

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Ten Foreign Policy Priorities for Obama – CNN Commentary

(From CNN GPS – full list here.) Barack Obama has won reelection as America’s president. But while the economy – and avoiding the so-called fiscal cliff – will inevitably take up much of his time, there are numerous foreign policy challenges facing the next administration. GPS asked 10 leading foreign policy analysts to name 10…

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Post-Debate Wrap-Up: The Candidates on Asia

The final 2012 U.S. Presidential Debate went off without a hitch last night as both candidates stuck closely to their foreign policy talking points. China was meant to feature prominently with time devoted explicitly to the bilateral relationship. After brief opening remarks both Obama and Romney veered off topic and returned to the jobs question,…

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U.S. Presidential Debate – A Foreign Policy Primer

With two weeks left before election day candidates Obama and Romney tackle foreign policy issues tonight. If last week’s battle royale over the economy is any indication this promises to be a no-holds-barred verbal slug fest. Tremendous changes have occurred over the last four years in the Middle East, Europe and Asia. Osama Bin Laden…

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China’s Global Leadership Gap – CNN Commentary

(Also on CNN’s Global Public Square here.) In a rare and telling diplomatic snub this week China refused to send People’s Bank of China Governor Zhou Xiaochuan to the IMF/World Bank meeting held in Tokyo. The slight, related to the continued stand-off with Japan over a disputed island chain in the East China Sea says…

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