China’s economy grew 7.7 percent in 2013, overshooting the official target of 7.5 percent, But a shaky start this year, as shown in soft manufacturing activity, has put the focus on how the government will pace and sequence its overhauls while guaranteeing solid growth amid the world’s fragile recovery. Economic growth predicted for 2014 at […]
The huge coming out party in Myanmar since 2012 has officially veered into hangover territory. That’s the gist of this Asia Sentinel feature that cites recent World Bank and U.S. State Department warnings about everything from the difficulty of doing business to unproductive investments to infrastructure-related bottlenecks, writes William Pesak Read Here – Bloomberg
Faced with growing expectations, China’s foreign policy is actually becoming more insecure. Read Here – The Diplomat
Fueled by a huge surge in government “mini-stimulus” lending in the second half of the year, China’s GDP increased by a higher-than-expected 7.7% for 2013 (link in Chinese) according to the National Bureau of Statistics. That might sound like a good thing, but it’s not: essentially the government freaked out at the prospect of missing its 7.5% target, and overshot […]
As 2013 comes to a close, efforts to revive growth in the world’s most influential economies – with the exception of the Eurozone – are having a beneficial effect worldwide. All of the looming problems for the global economy are political in character. Read Here – Project Syndicate
Ben S. Bernanke says the headwinds that have held back the U.S. economy may be abating, leaving the country poised for faster growth as his tenure as Federal Reserve chairman comes to an end. Read Here – Bloomberg
2014 is the year of the horse in China. But for the rest of us, it might prove to be the year of China. Read Here – Time
The U.S. and China have the most important bilateral relationship in the world. The rising global superpower and the status quo superpower are deeply cooperative and deeply competitive — at the same time. Read Here – Bloomberg
The essence of President Vladimir Putin‘s annual address to the Federal Assembly on Dec. 12 was that his enchantment with state capitalism and Soviet economics is continuing. Rather than promoting higher economic growth, he wanted to go after the remaining prominent private businessmen Read Here – Moscow Times
South Africa is hardly an unqualified success story. The unemployment rate hovers just under 30 percent, and nearly a quarter of South Africans live at or near the poverty line. Read Here – Foreign Affairs
looking beyond borders 