The two-month border standoff between China and India is not a huge concern for the Chinese business community in India because few are expecting a full-fledged war between the two Asian giants. The biggest worry for them is the chronic shortage of Chinese staff in India.
Today, the world’s major economies are experiencing a steady recovery, despite the occasional setback. To be sure, economic performance is far from reaching its full potential: depending on where one looks, one can find output gaps, excess leverage, fragile balance sheets, under-investment, and unfunded longer-term non-debt liabilities. Still, financial markets show no signs of convulsion, even as monetary stimulus is gradually withdrawn.
What does China want from Canada? And should Canadians, contrary to their welcoming prime minister, be worried about China’s interest in this land, particularly its urban real estate? No Canadian region is more impacted by Mainland Chinese capital than Metro Vancouver, a relatively small city of 2.5 million.
Once dependent on Beijing during the years of international isolation imposed by the West for its nuclear program, Iran is now critical to China’s ability to realize its grandiose ambitions. Other routes to Western markets are longer and lead through Russia, potentially a competitor of China.
Recent meetings between Beijing and Moscow – at the Belt and Road Forum last month and at a two-day summit last week in Russia – are the latest in a string of efforts to strengthen Sino-Russian ties, especially along the border. However, like many nations, Russia has found that working with China can be a double-edged sword.
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.
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.
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
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.