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By Chris Devonshire-Ellis
The past week, just before Chinese New Year, Dezan Shira & Associates held a Virtual Partners Meeting to assess the 2020 performance of the firm. As many readers will be aware, we handle foreign direct investment into Asia and have done since 1992. We also have offices throughout the region – we are, in many respects, a bell weather for the status and behavior of FDI into Asia. 2020 was of course in many ways an unusual year, however among many bright spots in the firm’s overall performance was a surprising element – the transactional volume of the foreign investment we handled going into the India market last year doubled. We knew that FDI into the country had been doing well, from the amount of client leads we had been servicing, but the actual dollar value was still a pleasant surprise. India has been badly hit by Covid -19, however is now fast coming out of the pandemic’s worst, and is poised to be a major global contributor to vaccine productio
On Western Media Bias and the need for New Global Thought Leaders
Monday, January 25
At the very beginning of this year, James Murdoch expounded in the
Financial Times on what he sees as a massive deterioration of the credibility of independence in Western media. His strongly worded statement, which castigated the US media for the “toxic politics” threatening American democracy, said that proprietors are as culpable as politicians who “know the truth but choose instead to propagate lies”.
The power of media is immense and has always been influential in politics. However, there has been a shift towards the ultra-partisan, and censorship or the drowning out of alternative views, often substituting the real for the idiotic, or at the very least to hold the prevailing line at the cost of all dissenting voices.
China Already Ahead of United States in 2021 Diplomacy, Decisions Concerning Asia For Post Brexit Britain, And A Week That Sets The Scene For The Rest Of The Year.
Monday, January 18, 2021
This week, the world’s attention will be on the United States and the Joe Biden Presidential inauguration, when in fact the more interesting events have been taking place in Asia, with Foreign Minister Wang Yi visiting Myanmar, Indonesia, Brunei and the Philippines, a week after his
five-nation tour of Africa. The contrast between the diplomatic impasse in the United States the past few months and the energetic stance of China’s efforts are in stark contrast.