Published daily by the Lowy Institute

Julian Snelder

Julian Snelder is a Kiwi who has resided in Asia for almost a quarter-century. He has lived in India and China and has also worked extensively in Japan, Korea and Taiwan. He worked for eight years at McKinsey & Company, and then eight years at Morgan Stanley where he ran the high-technology investment banking unit. Since 2005 he has been a partner in a global investments fund. He has two bachelors’ degrees, one in engineering from the University of Canterbury and the other in economics from Trinity College, Cambridge.

Articles by Julian Snelder (90)

  • Seeing red over Chinese metal exports

    The embers inside Europe’s second-largest blast furnace, at Redcar, in northeast England, will die. For 170 years this has the been world’s most storied steelworks. Plate-iron beams from Redcar undergird Sydney Harbour bridge. Now, it's become a victim of 'industrial vandalism', according to the local parliamentarian, speaking after the closure was announced at the end of September. Blast furnace at Redcar (Photo courtesy of Flickr user Archangel12)
  • Jordan, shock absorber of the Levant, is strained to breaking point

    Jordanians say that 65% of the Old Testament took place in their territory. Moses led his people to Mount Nebo and died in sight of the promised land. Turned away by the kingdom of Edom, he conquered Moab, leaving two and a half of his twelve tribes on the land. This has been a nation of refugees for thousands of years. Jordan's population, 500,000 at independence in 1946, is now 8 million plus another 4 million exiles, the world's highest ratio of displaced peoples.
  • As China marches forward, Japan and Russia watch with worry

    Just one day after China's V-Day parade was held under auspiciously azure skies, smog rolled back over Beijing, as if a reminder of the evanescence of great power. George Orwell wrote that 'he who controls the past controls the future.' China's parade was not only about a remembered past; it is signaling to the world its narrative for the future.
  • Humanity's carbon countdown

    First, the good news. We have enough fossil fuel to survive until the century's end. Today's proven reserves of coal, oil and gas combined is about 83 years (at current usage rates), so Spaceship Earth could make 2100 – the exact date that IPCC scientists have set for mankind's plan to moderate carbon emissions. To have a 50% chance of keeping global warming within 2°C in that time, the UN Framework gives us a budget of just under 3500 gigatonnes (GT) of atmospheric CO2.
  • Note to Beijing: You can't tell financial markets what to do

    There's a rule in economics called Goodhart's law: when a measure becomes a target, it ceases to be a useful measure. If a government chases a particular economic variable, then it becomes influenced by policy, and so loses its meaningfulness as an input. 'Information value' is lost in the interference.
  • Choking aviation system threatens China's ambitions

    Last month Hong Kong's Cathay Pacific airline began to cancel some routes to mainland destinations – a surprising decision given the huge potential in China, where air journeys have doubled since 2008. But Cathay's reason is not demand. It's because flights in China have become so unreliable that the airline could no longer profitably connect passengers through its giant Chek Lap Kok hub to onward intercontinental sectors.
  • Hegemon: Wargaming the South China Sea

    Hegemon is a wickedly interactive multi-player/multi-round geostrategic game devised by the Potomac Foundation. Each player represents a country, fielding certain economic and military resources and possessing (secret) objectives. Ranged across a gods-eye planetary gameboard, Hegemon is the 'softwar' wild-child born of hardcore videogamers and grizzled defence planners. Don't be fooled by its simplistic initial game conditions; things get tricky, fast.