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looking beyond borders

foreign policy and global economy

Archive for the tag “Business”

The Expanding Empire Of Jeff Bezos

With a fortune largely tied to his 78.9 million shares of Amazon, the net worth of Jeff Bezos continues to be on the rise. Just days ago, Amazon shares reached all-time highs after the company’s ambitious acquisition of Whole Foods. This puts Bezos just $4 billion away from displacing Bill Gates as the world’s number one billionaire – and if the stock continues upwards, he could take the title any day.

Read Here – Visual Capitalist

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International Trade: Where Human Insight Is Still In Demand

It’s an issue when emerging markets are expected to contribute about 60 per cent to global GDP growth up to 2021, according to an International Monetary Fund forecast. China alone currently contributes to more than 30 per cent of global growth, trumping the US. Not surprisingly opportunities for human-driven insights are increasing in these markets.

Read Here – Raconteur

Why US Firms Are Giving The Cold Shoulder To China’s ‘Belt and Road’ Globalisation Strategy

In the US, China’s pan-Eurasian infrastructure initiative is more or less invisible outside of news reports from domestic media that mostly frame it as Beijing’s grand plan for geopolitical domination

Read Here – South China Morning Post

This Is What Happens When A Family Of Business Moguls Takes Over A Country

When thousands of South Africans took to the streets last month to demand President Jacob Zuma’s ouster, an unprecedented show of popular discontent in a country where Zuma’s party has ruled uninterrupted since 1994, some took their frustrations to what they consider the real seat of power: the Gupta family.

Read Here – Foreign Policy

Pakistan’s CPEC Master Plan Revealed

The plan envisages a deep and broad-based penetration of most sectors of Pakistan’s economy as well as its society by Chinese enterprises and culture. Its scope has no precedent in Pakistan’s history in terms of how far it opens up the domestic economy to participation by foreign enterprises. In some areas the plan seeks to build on a market presence already established by Chinese enterprises, eg Haier in household appliances, ChinaMobile and Huawei in telecommunications and China Metallurgical Group Corporation (MCC) in mining and minerals.

Read Here – Dawn

The $900 billion Question: What Is The Belt And Road initiative?

Courtesy: Global Times

In concrete terms, the Belt and Road initiative is an immensely ambitious development campaign through which China wants to boost trade and stimulate economic growth across Asia and beyond. It hopes to do so by building massive amounts of infrastructure connecting it to countries around the globe. By some estimates, China plans to pump $150bn into such projects each year. In a report released at the start of this year, ratings agency Fitch said an extraordinary $900 billion in projects were planned or underway.

Read Here – The Guardian

China’s Summit For Its New Silk Road Is Missing 44 Heads Of State From The 65 Nations Involved

Courtesy: Global Times

World leaders are gathering in Beijing this weekend for a big summit touting China’s infrastructure spending spree to connect Europe, the Middle East, Asia, and Africa. The project, known as the Belt and Road Initiative—or “One Belt, One Road” (OBOR) in straight translation—was introduced by president Xi Jinping in 2013 as a land-and-sea version of the fabled Silk Road trading route of the 16th to 18th centuries.

Read Here – Quartz

What Is Human Capital?

Friedman had discovered in human capital theory more than just a means for boosting economic growth. The very way it conceptualised human beings was an ideological weapon too, especially when it came to counteracting the labour-centric discourse of communism, both outside and inside the US.

Read Here – Aeon

The New Globalisation

Globalisation is supposed to be in retreat. How, then, do you reconcile the following? Since 2005, the number of travellers crossing international borders each year has risen by around half, to 1.2 billion. The number of people using the internet has soared from 900,000 to more than 3 billion. By 2020, their ranks are projected to exceed 4 billion, while the number of connected digital devices is forecast to more than triple, to nearly 21 billion. Global data flows, which have exploded by tenfold over the past decade, to 20,000 gigabits per second, are also projected to triple by 2020.

Read Here – Boston Consulting Group

From The Opium War To The Silk Road

Hahei is an artery that leads to the busy Tianjin port. The port’s vast rail-and-road connected hinterland covers six provinces, including Tibet and Xinjiang, the gateway to central Asia and Europe, as part of the ambitious One Belt One Road (OBOR) connectivity initiative, woven around the ancient Silk Road. In total, Tianjin’s hinterland sweeps across half of China’s area, covering 17% of the country’s population.

Read Here – The Hindu

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