Advertisements

looking beyond borders

foreign policy and global economy

Archive for the tag “Business”

Today’s Nationalism Is Bad For Business

Multilateralism and global cooperation are under increasing threat, posing a serious risk to future prosperity. Business and finance leaders should care deeply about this state of affairs, so why aren’t they doing much more to help counter it?

Read Here – Project Syndicate

Advertisements

Does Trump Really Want To Win The Trade War?

President Trump appears to be getting advice on China policy from World Wrestling Entertainment (WWE). It’s all starting to resemble a pro-wrestling match where one wrestler gets his opponent in a headlock, throws him to the ground and has him pinned—for a long two seconds—until he miraculously escapes. It’s good theater, but it’s tough on the audience.

Read Here – The National Interest

China’s Economic Reforms Are Working. The Bad News Is The Pain May Get Worse

The Chinese economy ended 2018 on a weak note, but not so weak that people now fear growth will fall off a cliff. Gross domestic product growth in the fourth quarter clocked in at 6.4 per cent, the weakest since the first quarter of 2009, but in line with market expectations. The quarterly growth profile, which shows a persistent weakening trend – from 6.8 per cent in the first quarter, to 6.7 per cent6.5 per cent and now 6.4 per cent – is indicative of the harsher conditions facing the economy.

Read Here – South China Morning Post

Arrested Diplomacy

The Japanese and Canadian governments have failed to manage effectively the reputational, economic, and geopolitical implications of the legal cases against Nissan chairman Carlos Ghosn and Huawei CFO Meng Wanzhou. And, in a globalized world, the risks posed by such cases are likely to grow.

Read Here – Project Syndicate

The Rise Of Populism Shows We Are Increasingly In A ‘Geopolitical Recession’

Financial markets must start to account for the personalities of populist world leaders, according to veteran investment banker and philanthropist John Studzinski. His comments come at a time when market participants are increasingly concerned about a serious economic slowdown, with a long-running global trade war souring business and consumer sentiment.

Read Here – CNBC

Over 40 Years Of Diplomatic Drama, A Rising China Opens Up To, And Transforms, The World

Photo by Yang Shuo on Unsplash

Since Deng launched the opening-up policy in 1978, China has transformed itself from a backward, agrarian economy and politically isolated state into the world’s second-largest economy and an important player with global interests and influence. For instance, in the 30 years from 1949 to 1978, only 200,000 Chinese people travelled abroad. Last year alone, they made 130.5 million trips overseas, while foreigners made 139 million visits to China. The statistics speak volumes about how China needs the world, and vice versa.

Read Here – South China Morning Post

President Xi’s Bridge Over Troubled Waters

President Xi Jinping paid homage to the past when he returned to where China’s economic miracle was born and nurtured. But his eyes were firmly focused on the present and the future. With immaculate timing, his trip to Guangdong this week conjured memories and images of Deng Xiaoping’s historic 1992 ‘Southern Tour’ after he had stepped down from office.

Read Here – Asia Times

Saudi Arabia Has ‘No Intention’ Of Repeating 1973 Oil Embargo

Saudi Arabia has rejected suggestions that it may restrict global oil supply in response to international pressure over the death of journalist Jamal Khashoggi at its consulate in Istanbul. Asked whether there could be a repetition of the 1973 oil embargo when Saudi Arabia and its allies cut off oil supplies to the United States, the kingdom’s energy minister Khalid Al Falih said: “There is no intention.”

Read Here – CNN

Also Read: How the Khashoggi case and its fallout is affecting global business

If The U.S. Doesn’t Control Corporate Power, China Will

As the consensus in D.C. shifts toward taking on an increasingly aggressive China, ideas about how corporations relate to the state will also have to change—or else undermine their new stated national framework.

Read Here – Foreign Policy

Trump To Slap Tariffs On $200B More Chinese Goods

President Donald Trump announced that the United States will impose a 10 percent duty on an additional $200 billion of Chinese imports as of next week, quickly escalating a trade war that has hit broad swaths of the global economy.

Read Here – Politico

Also ReadU.S. China Trade War: Analysis of Latest Developments

Post Navigation

%d bloggers like this: