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On SecurityMay 12, 2021 | 09:00 GMT
The flag of mainland China.
Rethinking Post-Pandemic Business Travel to China
As the prospect of renewed international travel returns over the course of 2021, companies and individuals find themselves at a potential inflection point when it comes to travel to China. The decision on whether to return comes amid increasing tensions between China, the United States and U.S. allies -- and the associated threat of arbitrary detention of individuals for political reasons.
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AssessmentsMay 10, 2021 | 21:41 GMT
Pakistani Prime Minister Imran Khan removes his facemask during a press conference on Nov. 19, 2020.
Pakistan Asserts Its Place in the Muslim World
Rising domestic pressure is pushing Pakistan to publicly voice concern over pan-Islamic issues. But in doing so, Islamabad will seek to avoid exacerbating the country’s economic crisis by alienating trade and investment partners. During a May 3 meeting, Pakistani Prime Minister Imran Khan urged the Islamabad-based ambassadors to the Organization of Islamic Cooperation to work together to counter Islamophobia around the world. A couple of weeks earlier, Pakistan -- which is home to the world’s second-largest Muslim population -- also announced a global campaign to fight blasphemy against the Prophet Muhammad in the hopes of driving conversations with the European Union and the United Nations. 
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SITUATION REPORTMay 6, 2021 | 20:14 GMT
Iran: Guardian Council Reveals Qualifications for Presidential Candidates
Iran’s Guardian Council has outlined the qualifications for prospective presidential candidates ahead of next month’s election, which include being between the ages of 40 and 75, holding at least a master’s degree or its equivalent, having at least four years of experience in a managerial position, and having no criminal record, Radio Farda reported May 6.
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SITUATION REPORTMay 5, 2021 | 18:20 GMT
U.S., China: Biden Official Says Clearer Taiwan Strategy Would Carry 'Significant' Risks
U.S. President Joe Biden’s policy coordinator for the Indo-Pacific, Kurt Campbell, seemed to dismiss calls to clarify the White House’s Taiwan strategy during a recent discussion hosted by the Financial Times, saying any clear U.S. statement that commits to defending the island in the event of a Chinese attack would be risky and carry “significant downsides,” Reuters reported May 4. 
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AssessmentsMay 3, 2021 | 19:30 GMT
Lai Xiaomin, the then-chairman of China’s Huarong Asset Management, speaks at the Boao Forum for Asia (BFA) Annual Conference in 2016.
In China, a Huarong Bailout Appears Inevitable
Given its low tolerance for market and political instability, the Chinese government will likely bail out embattled state lender Huarong Asset Management -- highlighting China’s struggles with debt management and long-term economic health, while propagating moral hazards in global finance. Huarong’s failure to issue its 2020 financial statements by the March 31 deadline has cast doubt on the financial health of one of China’s big four asset management companies (AMCs), with Moody’s Investors Service and Fitch Ratings both recently downgrading the company’s credit rating. Huarong has since announced it would also miss the April 30 extended deadline to release its annual results, with the firm blaming both delays on its auditor processing an unspecified transaction. Amid the uncertainty, the firms’ dollar bond yields have skyrocketed, with one bond’s yield rising from 3% to 23% in just two weeks. These developments have increased speculation Beijing may intervene significantly to bail out
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