For many emerging economies, it is imperative to pursue a rebalancing of growth patterns, with a more active approach to managing debt and capital flows and their effects on asset prices, exchange rates, and growth. Otherwise, the dangers of unsustainable growth patterns will bring expansion to an abrupt halt. Read Here – Project Syndicate
It depends very much on which interests, and what time-frame is being considered. In the short run, for example, both sides presumably have an interest in avoiding a full-blown trade war. In the long run, both sides presumably have a shared interest in avoiding a thermonuclear war. Read Here – Foreign Affairs
Up until recently, the two nations’ economic ties had served as an effective brake on escalating strategic distrust. A China less constrained by and invested in economic ties with the United States could pose a substantially greater challenge to U.S. foreign policy. For all the Trump administration’s frustrations with managing interdependence, the consequences of decoupling […]
US companies in China are bracing for more retaliatory pain from Beijing as the trade row between the two countries shows no sign of abating. Observers said some American firms had reported higher costs and much greater regulatory scrutiny, and feared a major drop-off in business from rising nationalism. The fallout follows a decision by Washington […]
US President Donald Trump says Beijing “is talking to” Washington about their trade dispute, claiming his tariffs strategy is working against China and other trade partners. But Chinese analysts are cautious, saying there could be more tit-for-tat trade measures to come before the two sides get back to the negotiating table. Read Here – South China […]
The “best” outcome of President Donald Trump’s narrow focus on the US trade deficit with China would be improvement in the bilateral balance, matched by an increase of an equal amount in the deficit with some other country (or countries). In fact, significantly reducing the bilateral trade deficit will prove difficult. Read Here – Project […]
Were London a city-state, it would have the 20th-largest national economy in the world – larger than the national economies of Saudi Arabia, Argentina and South Africa. Were London a city-state, its national per capita gross domestic product would be greater than that of the United States. Were London a city-state, it would be the […]
By allowing governments to monitor, understand, and control their citizens far more closely than ever before, AI will offer authoritarian countries a plausible alternative to liberal democracy, the first since the end of the Cold War. That will spark renewed international competition between social systems. Read Here – Foreign Affairs Also Read: Liberal World
The modern economy depends on bilateral trade deficits; it would collapse without them. In an age of advanced technologies and accelerating specialisation, attempting to manufacture everything domestically or bilaterally would be prohibitively costly. Read Here – Project Syndicate
After three rounds of failed talks, a trade war between the world’s two largest economies is on. On Friday, China’s Foreign Ministry spokesman said China had imposed countermeasures after America’s tariffs came into force. Lu Kang, said China’s tit-for-tat measures “had taken effect immediately after the implementation of the US tariffs”. Lu was speaking after Washington’s […]
looking beyond borders 