— Research

2012 54th Issue: Foreign Affairs: How is Energy Reshaping the World - 2013-01-07
[Abstract] In its June-August issue, Foreign Affairs released the latest finding after surveying 57 energy experts such as Daniel Yergin, of their opinions on energy use in the US. It shed a light on US energy independence, relevant energy policies and how the shale gas revolution in the US will rewrite the world’s energy pattern.
2012 53rd Issue: The US Rhode Group: Investment from China Creates Jobs - 2012-11-14
[Abstract] Many Americans are skeptical about the sharp increase of China’s investment to the US as they argue that it did not bring large number of job opportunities. However, contrary to public speculation, the Rhode Group estimates that investment from China has brought at least 27,000 people to work. By 2020, China’s investment to the US is expected to reach USD100-200 billion, which will create 200,000-400,000 jobs for American people.
2012 52nd Issue: Tokyo Foundation: Review on Japan’s Security Strategy on China - 2012-11-14
[Abstract] The Japanese think tank Tokyo Foundation released the report Japan’s Security Strategy on China last October. The report claims that a rising China is reshaping the pattern of Asia Pacific region. Japan should be aware of such trend and actively adjust its security strategy towards China, as well as deal with China through three strategies, namely, assimilation, restraint and threat.
2012 51st Issue: The launch of European Stability Mechanism is a Milestone - 2012-11-14
[Abstract] The official launch of the European Stability Mechanism (ESM) is a milestone in establishing the rescue mechanism to deal with the crisis in Euro zone. The fund of the ESM comes from capital injection by member states, bond financing and other financing channels. The asset cap of the ESM is 700 billion euro and it can lend up to 500 billion euro. Although the member states disagree widely on the ESM leveraging plan, all of them agree to establish a CIF (Co-Investment Fund) and issue a partial protection certificate in combination with member state bond to realize corresponding goals.
2012 50th Issue: Adam Tooze: Unstable Growth facing Germany’s Economy - 2012-11-14
[Abstract] In his article published in the US magazine Foreign Affairs (Sept.-Oct. Issue), Mr. Adam Tooze, director of the Center for International Security at Yale university, explained why Germany’s economic growth is unsustainable. Firstly, the impact of the sovereign debt crisis will make it hard for Germany to maintain the current trade surplus. Secondly, the capital outflow will drain domestic investment and lastly, the austerity measures will curb investment and export. Mr. Tooze recommended that Germany should change the austerity strategy and increase domestic investment so as to ensure stable economic growth.