Thus it appears as if after pulling out a credible Iran deal, one which has enough checks and balances as well as involvement of other like-minded countries, The US President Donald Trump gave away a lot in Singapore in return little verifiable in return from Kim. It appears as if North Korea, a de-facto nuclear power, is the bigger winner out of the Singapore summit. Donald Trump did have his moment of unilateral glory in Singapore but if Japan and South Korea came out on top, then they would have more reasons to worry. Moreover, China’s headaches would rise were they to act on those worries. Until the Singapore summit, Donald Trump and Kim Jong un had fairly same reasons for direct talks. For Trump it was his desire to stamp the American supremacy. He sought to show China its place, after years of engagement policy by Obama by first completely discrediting the Six Party talks which were not only China-initiated but also China-led. He used social media on one han
In my recently submitted PhD thesis I took a quick look at the Foxconn model of China's engagement with the world economy. Sharing that section here as Foxconn enters India with a $5bn commitment to investment in an industrial park. While investment is welcome, India must learn from mistakes that China made in the past 30 years and try and avoid them. Of course, workers' exploitation and suicides by Foxconn workers is a known issue and not going to intervene into it here. (of course, if one is interested in knowing how factories like Foxconn work, one must read Leslie Chang's Factory Girls ) Foxconn, Apple and iPad: China and the issue of Value-Addition Apple’s iconic product iPad is produced in China by Foxconn Inc., which is a registered company in Taiwan. During 2010-2011, Foxconn was embroiled in a major controversy over labour abuse issues after it came to light, following a spate of worker suicides, that the workers at the iPad production facility were n