Like Vladimir Putin, China's leader is so steeped in a narrative of victimhood and fearful of appearing weak that it is hard to imagine him ever leading China out of the mess he has created. He could well be remembered as the leader who squandered history's most remarkable economic success story.
about the country's increasingly worrisome trajectory, both at home and abroad.
Artificial IdiocyFrank Rumpenhorst/picture alliance via Getty Images
Following the latest banking crisis, monetary authorities should seriously consider how modern digital technologies could be used to avert such problems in the future. A central bank digital currency would both eliminate many barriers to financial transactions and end the risk of bank runs once and for all.
explains how central bank digital currencies would end bank runs and banks' excessive risk-taking.
新德里 ——
在亚洲正处于转型时期、权力失衡山雨欲来之际,为强化该地区战略稳定、而在制度化合作方面投入精力,已成为了人们的当务之急。毕竟,亚洲不但正在成为全球地缘政治变革的中心,而且它所遭遇的挑战也在演化为国际战略挑战。
变化中的亚洲权力格局在以下三个方面得以体现,它们分别是:中国日益强势的外交政策,日本新政府对日美“平等”关系的要求,以及愈加尖锐、业已导致新的喜马拉雅地区边境紧张状况的中印对抗。
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