This week I was in Tianjin attending the 18th International Conference of Banking Supervisors, the annual gathering of the world's top bank regulators to review the progress of implementation of Basel III, the new rules that were established in the aftermath of the Global Financial Crisis of 2007/2009.
2014/10/4, 1 Comment
In the years since Hong Kong reverted from British rule to Chinese sovereignty in 1997, the territory has never witnessed such scenes of chaos. The administration of Chinese President Xi Jinping has found itself with a major political problem on its hands.
China has a history of suppressing democratic movements, but people all over the world are hoping that, this time, the leadership in Beijing will change its tune in Hong Kong and honor its own policy of “one country, two systems.”
The week that was began loudly with spirited declarations on the world stage against the scourge of terrorism, particularly of the Islamic State (IS) variety.
Once again, we have been confronted with a graphic reminder of the ferocity of volcanoes.
South Korean President Park Geun-hye's pledge of nontolerance for white-collar crimes by chaebol chiefs may be the latest among a string of election promises being cast off.
Iran and the United States do not see eye to eye on many things. But if U.S. President Barack Obama wants to destroy the Islamic State (IS), the radical forces that control a large swath of Iraq and Syria, he is going to have to learn to work with Tehran.
Dementia is a cruel disease that dilapidates not only patients but also their families. Its psychological, physical and financial impact is so severe that we often encounter tragic cases in which people affected by the illness commit suicide, mercy killing or even murder.
Asia's role in the battle against ISIS is increasingly coming into question as governments in the region continue to sit on the sidelines of the fight.
2014/9/28, 1 Comment
More than 100,000 phantom employees on government payrolls have materialized in Hebei, Sichuan, Henan and Jilin provinces. In Hebei alone, more than 100 million yuan (US$16 million) has been recovered.
2014/9/27, 1 Comment