World

HONG KONG: Many Hong Kong residents are scouring for new jobs and homes overseas, fearful that a new national security law imposed by Beijing will crush coveted rights not enjoyed on the mainland and herald a new authoritarian era for China's Special Administration Region (SAR). Beijing bypassed the city's legislature to approve the law directly this week, heightening anxiety over its impact on the former British colony of 7.4 million people that is a global financial hub and gateway for capital flows in-and-out of China. Immigration lawyers and consultants, property agents and recruitment groups from Australia to Canada all told Reuters they were inundated with enquiries from Hong Kong residents. "Hong Kong demand for international real estate and residency programmes has rocketed ...

One of the key questions in Japan’s present national security debate is how to manage China’s “predatory” geoeconomics. Where does Tokyo stand in crafting an effective economic security strategy? Beijing has systematically integrated economic and financial instruments into its foreign policy with the objective of advancing its grand strategic ambitions. From the "Belt and Road" initiative to Made in China 2025, Beijing shrewdly incorporated geoeconomic tools of statecraft into its grand strategic thinking. China’s coercive economic maneuvering employs trade, investments, technology, internationalizing of currency and even weaponization of resource supply chains toward geopolitical ends. Thus, reorienting Japan’s economic security strategy constitutes a top priority for Prime Minister Shi...