Preserving a functioning global system that includes China will not be simple or straightforward. Washington has grown increasingly ambivalent in recent years about upholding the existing system, which it played an outsize role in designing. Read More Here
The former Chinese premier was heralded as a reformer, but change never came. Read More Here
The problem with all this focus on Chinese economic coercion, and the related anxieties about its ability to weaponize trade, is that China hasn’t been particularly good at it. Read More Here
Even as inflationary pressures ease, geopolitical tensions and structural factors such as unfavorable demographics and high debt levels have taken a toll on household and business confidence worldwide. The challenge for governments is to rebuild confidence and enhance productivity, which remain essential to getting the global recovery back on track. Read More Here
IMEC is a chance to translate the many declarations and diplomatic initiatives undertaken by the EU – including its focus on India – into concrete actions. Read More Here
China’s exceptional growth in recent decades has influenced the education and career choices of young people and their families. But now that high-skilled jobs are drying up and recent graduates are struggling to find work, there is a growing mismatch between expectations and new realities. Read More Here
Economists say alternative high-frequency data points – from subway ridership to commodity prices – suggest parts of China’s economy are functioning well. Read More Here
The recent bailout agreement between the International Monetary Fund and Sri Lanka fails to address the economy’s structural problems. Instead, it focuses on highly regressive measures that disproportionately affect the working poor and are likely to exacerbate the country’s ongoing debt distress. Read More Here
What some decry as protectionism and mercantilism is really a rebalancing toward addressing important national issues. The biggest risk to the global economy stems not from this broader reorientation – which should be welcomed – but from a Sino-American rivalry that threatens to drag everyone down. Read More Here
China faces three major structural challenges that expose it to the risk of economic stagnation: escalating debt, sluggish household consumption and adverse demographic trends. Read More Here
looking beyond borders 