After years of poor policy and political tumult in the United States, it is not unreasonable to ask whether China’s currency will soon be in a position to challenge the greenback. While neither country has been doing itself any favours in the currency pageant, it is worth remembering that history is not on America’s side. […]
If ratified, then the CAI will be a de facto recognition that it is acceptable to conduct a wide range of business activity with a totalitarian communist government that has proven itself capable of violating human rights with exacting precision and no apology. Read Here | The National Interest
The US is nowhere near as economically dominant as it was even a decade ago. Yet President-elect Joe Biden can take several relatively simple steps that would have far-reaching benefits for the US economy, the American people, and the rest of the world. Read Here | Project Syndicate
China’s antitrust regulator has officially started investigations into Alibaba Group Holding over alleged monopolistic business practices including a requirement for e-commerce merchants to pick only one platform as their exclusive distribution channel. Read Here | South China Morning Post
As 2020 draws to a close, many of us cannot wait for this annus horribilis to end. And for good reason: this year has seen more than a million and a half COVID-19 deaths; an economic collapse far greater than that of the 2008 financial crisis; a boiling-over of resentment against decades of racial and social injustice; […]
After the 2008 U.S. housing and credit market crisis, Chuck Prince, the former Citibank CEO, explained his bank’s speculative activity during the bubble by noting that when the music is playing you have to dance. Today, with the world’s major central banks continuing to supply the markets with ample liquidity, there can be little doubt […]
Although the economic implications of the Regional Comprehensive Economic Partnership (RCEP) for the EU are modest, the geopolitical and strategic implications are not. With the arrival of a new US administration and the central role of China in the bloc, the EU needs to outline an Asian commercial strategy that reconciles the importance of China […]
Governments and central banks have promised to shell out $19.5 trillion since the coronavirus erupted to “put a floor under the world economy,” according to the International Monetary Fund. Some countries need even more help to recover from the crisis, but they might not get it. Read Here | CNN
Today it’s technology that ties the world together, not the container ship. To be effective in leading the United States in the 21st century… If Biden really intends to get tough with China, he’ll have to double down on the U.S.-Chinese tech war that has seen Huawei crippled, Chinese semiconductor foundries put under severe pressure, and TikTok […]
The sooner we get the COVID-19 pandemic under control, the sooner we can put the global economy back on track. At a virtual gathering this month, the G20 will have an opportunity to do precisely that, provided that world leaders are able to see the economic windfall that is staring them in the face. Read […]
looking beyond borders 