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Trade policy: Can Asia and Europe rescue the global economy?

Under the weight of geopolitical crises, an escalating US tariff policy and growing doubts about the stability of the dollar-based system, the very foundations of global trade are beginning to falter. For Europe and Asia in particular – whose prosperity depends on open markets and rules-based cooperation – a new wave of economic uncertainty is drawing dangerously close.

By Shang-Jin Wei

Fiji: Prime Minister opposes Chinese military base

Fiji’s Prime Minister Sitiveni Rabuka has spoken out clearly against the establishment of a Chinese military base in the Pacific region. Despite infrastructure cooperation with China, he emphasized that relations with Australia, New Zealand and the United States must not be compromised.

By Julia Fiedler