Latest from Andrew Sheng
With its actions against Huawei, the US is effectively threatening to segregate the internet. Chinese companies have operated at a speed and scale that threatens US dominance in tech, and Washington’s response will shape the knowledge economy.
With its actions against Huawei, the US is effectively threatening to segregate the internet. Chinese companies have operated at a speed and scale that threatens US dominance in tech, and Washington’s response will shape the knowledge economy.
Heads of large corporations, not governments, need to recognise the urgency of the climate crisis and focus on the planet’s long-term survival instead of short-term profit, while economists must factor the cost to the Earth into GDP calculations.
Heads of large corporations, not governments, need to recognise the urgency of the climate crisis and focus on the planet’s long-term survival instead of short-term profit, while economists must factor the cost to the Earth into GDP calculations.
Stock markets are more concentrated than ever, influenced by machine-driven algorithms no one understands, and supported by central banks’ policy of quantitative easing. Once the liquidity dries up, markets are in danger of crashing
Stock markets are more concentrated than ever, influenced by machine-driven algorithms no one understands, and supported by central banks’ policy of quantitative easing. Once the liquidity dries up, markets are in danger of crashing
Democratic ideals are in retreat around the world, and under attack in the US. Undemocratic countries like China are becoming economically stronger while Trump challenges the checks and balances that have kept US democracy intact.
Democratic ideals are in retreat around the world, and under attack in the US. Undemocratic countries like China are becoming economically stronger while Trump challenges the checks and balances that have kept US democracy intact.
The turn to populism suggests the old system of Keynesian spending, free trade and military commitments no longer works for the US. This could be costly for America’s partners.
The turn to populism suggests the old system of Keynesian spending, free trade and military commitments no longer works for the US. This could be costly for America’s partners.
With automation and protectionism pushing manufacturing back to home markets, Asian economies need to boost domestic consumption. But can they maintain good growth without increasing inequality and aggravating climate change?
With automation and protectionism pushing manufacturing back to home markets, Asian economies need to boost domestic consumption. But can they maintain good growth without increasing inequality and aggravating climate change?
A central bank policy that floods the economy with money and fuels consumption also exacerbates climate change, the greatest threat to humanity’s existence.
A central bank policy that floods the economy with money and fuels consumption also exacerbates climate change, the greatest threat to humanity’s existence.
Who or what is to blame for the Boeing 737 MAX 8 disasters? An investigation into the cause recalls the way leaders across the world grapple with today’s highly complex problems, and the comparison is hardly reassuring.
Who or what is to blame for the Boeing 737 MAX 8 disasters? An investigation into the cause recalls the way leaders across the world grapple with today’s highly complex problems, and the comparison is hardly reassuring.
Berkshire Hathaway sees its investments as groves of trees, still picked for their solid fundamentals. Meanwhile, the world has spent the past decade feeling rich due to a bubble of debt and central bank liquidity, ignoring challenges like climate change.
Berkshire Hathaway sees its investments as groves of trees, still picked for their solid fundamentals. Meanwhile, the world has spent the past decade feeling rich due to a bubble of debt and central bank liquidity, ignoring challenges like climate change.
The reversal of globalisation is a major risk to global growth. If deals are not struck on Brexit and the trade war, steps such as competitive currency devaluation could lead to a 1930s-style recession.
The reversal of globalisation is a major risk to global growth. If deals are not struck on Brexit and the trade war, steps such as competitive currency devaluation could lead to a 1930s-style recession.
The free market is a bad idea that probably belongs in the rubbish bin of history. A system where human beings and mother nature have been reduced to cogs and commodities has brought only misery, and climate change.
The free market is a bad idea that probably belongs in the rubbish bin of history. A system where human beings and mother nature have been reduced to cogs and commodities has brought only misery, and climate change.
Climate change and human inequality are the urgent problems political and business leaders should be focusing on. With male leaders ineffectual, and worse, the rise of women offers some hope.
Climate change and human inequality are the urgent problems political and business leaders should be focusing on. With male leaders ineffectual, and worse, the rise of women offers some hope.
The US leader’s erratic behaviour in fact illustrates some of the principles of quantum physics that more accurately describe the physical world and human behaviour. When old rules don’t apply, new thinking is required.
The US leader’s erratic behaviour in fact illustrates some of the principles of quantum physics that more accurately describe the physical world and human behaviour. When old rules don’t apply, new thinking is required.
The ongoing decline in institutional trust is caused by the capture of the state by business interests. What’s less clear is the solution.
The ongoing decline in institutional trust is caused by the capture of the state by business interests. What’s less clear is the solution.
The world has bigger problems than trade or national security threats. Instead of spending on defence against each other or leaving it to the free market, countries should step up and deal with climate change.
The world has bigger problems than trade or national security threats. Instead of spending on defence against each other or leaving it to the free market, countries should step up and deal with climate change.
US-China relations are unlikely to recover, even with the forthcoming Trump-Xi meeting. The US is turning inward, and the rest of the world has to find a way forward in this new political order.
US-China relations are unlikely to recover, even with the forthcoming Trump-Xi meeting. The US is turning inward, and the rest of the world has to find a way forward in this new political order.
Election gains by the Democrats and the predictable Trump tweets show that America is fundamentally divided over values, and the fear and anger that drive the rise of the right will continue to propel the dismantling of the old international order.
Election gains by the Democrats and the predictable Trump tweets show that America is fundamentally divided over values, and the fear and anger that drive the rise of the right will continue to propel the dismantling of the old international order.
The phenomenon of excessive bureaucratisation, or ‘tight coupling’, has led to failures, a loss of freedom and greater resentment. This angst has been channelled into a desire to discard the old order, as characterised by the European Union, Trump’s political opponents and international trade.
The phenomenon of excessive bureaucratisation, or ‘tight coupling’, has led to failures, a loss of freedom and greater resentment. This angst has been channelled into a desire to discard the old order, as characterised by the European Union, Trump’s political opponents and international trade.
The world needs to, but probably won’t, deal with a looming financial storm and global warming. The poor are powerless, the rich are complacent and the leader of the free world seems to think climate change is fake news.
The world needs to, but probably won’t, deal with a looming financial storm and global warming. The poor are powerless, the rich are complacent and the leader of the free world seems to think climate change is fake news.
Trump’s UN speech articulated his vision for American patriotism, which threatens the international system of trade, travel and finance that has made us better off.
Trump’s UN speech articulated his vision for American patriotism, which threatens the international system of trade, travel and finance that has made us better off.
On the 55th anniversary of the formation of the Federation of Malaysia, the country must grapple with channelling its diversity into building an inclusive knowledge society.
On the 55th anniversary of the formation of the Federation of Malaysia, the country must grapple with channelling its diversity into building an inclusive knowledge society.
The 2008 financial crisis was a wasted opportunity. Governments failed to act, passing the buck to central banks that pumped money into the global economy and set the scene for the next crisis.
The 2008 financial crisis was a wasted opportunity. Governments failed to act, passing the buck to central banks that pumped money into the global economy and set the scene for the next crisis.
The world is witnessing a contest between the US’ more market-driven (but not at all government-free) approach and the more state-driven strategy of China, and the first to reach Industry 4.0 wins.
The world is witnessing a contest between the US’ more market-driven (but not at all government-free) approach and the more state-driven strategy of China, and the first to reach Industry 4.0 wins.
There is broad agreement that a global order marred by inequality, dangerous climate developments and the disruptions of financial crises must change, but even panels of experts cannot produce a consensus on the shape it will take next.
There is broad agreement that a global order marred by inequality, dangerous climate developments and the disruptions of financial crises must change, but even panels of experts cannot produce a consensus on the shape it will take next.
The US president has his reasons for launching a trade war, demanding more spending by Nato partners and labelling the EU a ‘foe’: US debt levels and trade deficits cannot be sustained. The results of his actions, though, will be a once-orderly world off its hinges
The US president has his reasons for launching a trade war, demanding more spending by Nato partners and labelling the EU a ‘foe’: US debt levels and trade deficits cannot be sustained. The results of his actions, though, will be a once-orderly world off its hinges
Industry 4.0 calls for an ecosystem of universities, employers and students collaborating to meet the challenge of a digitised economy.
Industry 4.0 calls for an ecosystem of universities, employers and students collaborating to meet the challenge of a digitised economy.
This much-hyped technology has so far failed to earn the trust that enables financial transactions in the real world, especially when the total security it promises has already been compromised by hacks and fraud.
This much-hyped technology has so far failed to earn the trust that enables financial transactions in the real world, especially when the total security it promises has already been compromised by hacks and fraud.
Crisis-hit Italy may well destabilise the entire European project, because its problems are symptomatic of what really ails the euro-zone family – a refusal of the rich members to accept that an individual debt is a family debt.
Crisis-hit Italy may well destabilise the entire European project, because its problems are symptomatic of what really ails the euro-zone family – a refusal of the rich members to accept that an individual debt is a family debt.
The fourth industrial revolution has given rise to blockchain technologies that move transactions out of the purview of regulatory systems.
The fourth industrial revolution has given rise to blockchain technologies that move transactions out of the purview of regulatory systems.
There is a clear trend of urban voters moving away from religion-based politics to vote for improvements in economic livelihood. To safeguard his legacy, Mahathir must manage a generational change in Malaysian politics.
There is a clear trend of urban voters moving away from religion-based politics to vote for improvements in economic livelihood. To safeguard his legacy, Mahathir must manage a generational change in Malaysian politics.