Is A Chinese-Led World Order Inevitable?
With China led by a hyper-realist CCP with the growing capacity of a superpower, the world needs to watch for a potential Chinese bid for domination. Read More Here
With China led by a hyper-realist CCP with the growing capacity of a superpower, the world needs to watch for a potential Chinese bid for domination. Read More Here
As Beijing pivots energetically from Covid lockdowns to economic recovery, no one is in a hotter seat than Yi Gang, governor of the People’s Bank of China. Read More Here
Mass testing and quarantine requirements have been dismantled and use of the health code system reduced after protests against the controls It’s been welcomed by foreign investors and raised hopes the borders will soon reopen, but there is also uncertainty over a potential surge in cases. Read More Here
Support and acceptance – seen in the early days of China’s attempts to control the spread of Covid-19 – have given way to mounting fear, confusion and a sense of hopelessness among many citizens, but a rapid reopening and shift away from the stringent policy threatens to put China’s medical system at high risk of […]
After years of ultra-loose fiscal, monetary, and credit policies and the onset of major negative supply shocks, stagflationary pressures are now putting the squeeze on a massive mountain of public- and private-sector debt. The mother of all economic crises looms, and there will be little that policymakers can do about it. Read More Here
Remittances to low- and middle-income countries (LMICs) withstood global headwinds in 2022, growing an estimated 5% to $626 billion. This is sharply lower than the 10.2% increase in 2021, according to the latest World Bank Migration and Development Brief. Read More Here
The most formidable demographic challenge facing the world is no longer rapid population growth, but population ageing. Thoughtful preparedness—combining behavioural changes, investment in human capital and infrastructure, policy and institutional reforms, and technological innovations—can enable countries to meet the challenge and take advantage of the opportunities presented by demographic change. Read More Here
US export curbs threaten record losses for Japanese, South Korean and Taiwanese chip makers and don’t guarantee China’s demise. Read More Here
World trade is expected to lose momentum in the second half of 2022 and remain subdued in 2023 as multiple shocks weigh on the global economy. WTO economists now predict global merchandise trade volumes will grow by 3.5% in 2022—slightly better than the 3.0% forecast in April. For 2023, however, they foresee a 1.0% increase—down […]
Jiang Zemin, the Chinese leader who presided over more than a decade of dramatic economic growth following the bloody 1989 crackdown on pro-democracy protesters in Tiananmen Square, has died. He was 96. Read More Here