Is the GDP true? Of course, it isn’t. But that isn’t really important in some ways. Almost all numbers in China are open for debate. As anyone who spends time dealing with the place knows, China is full of data and numbers, and while some may be true, that doesn’t mean the data set being […]
One hazard of the trolling that the United States has been subjected to from the White House for the past twenty months is that even the most alarming patterns can be hard to discern, and the most prominent dots impossible to connect. Read Here – The New Yorker
Why is this boom happening? That’s an almost impossible question to answer. Fundamentally, economists don’t know why booms happen. It’s possible that there’s not even such a thing as a “boom” at all — that this is just how the economy works under normal circumstances, when there isn’t a recession or crisis to throw it off […]
President Donald Trump wants to move ahead with a plan to impose tariffs on $200 billion in Chinese imports as soon as a public-comment period concludes next week, according to six people familiar with the matter. Read Here – Bloomberg
The Iranian rial: crash. The Turkish lira: crash. The Argentine peso: crash. The Brazilian real: crash. There are multiple, complex, parallel vectors at play in this wilderness of crashing currencies. Turkey’s case is heavily influenced by the bubble of easy credit created by European banks. Read Here – Asia Times
If then Davao City mayor Rodrigo Duterte was known as “The Punisher” for his tough tactics on crime, Sara Duterte-Carpio, his daughter and now incumbent mayor of the same city, has captivated Filipinos as “The Puncher.” Read Here – Asia Times
Behind the US’ attack on China’s forced technology transfer policy, intellectual property theft and Made in China 2025 strategic plan, and behind the tit-for-tat tariffs, there lies a fundamental fault line of the trade war: the clash between the Chinese state-dominated economic model and the US-led free-market economy system. Read Here – South China Morning […]
The Forum on China-Africa Cooperation (FOCAC) 2018 Beijing Summit is scheduled for Sept. 3-4 in the Chinese capital. Established 18 years ago in Beijing, the FOCAC has achieved fruitful results and has become a significant mark of China-Africa cooperation. Read Here – ECNS
For many emerging economies, it is imperative to pursue a rebalancing of growth patterns, with a more active approach to managing debt and capital flows and their effects on asset prices, exchange rates, and growth. Otherwise, the dangers of unsustainable growth patterns will bring expansion to an abrupt halt. Read Here – Project Syndicate
China has increasingly been involved in mediation efforts for international conflicts, particularly along the route of its signature “Belt and Road Initiative”, but its high-profile approach has failed to produce sustainable peace results, a new report from a leading European think tank has found. Read Here – South China Morning Post
looking beyond borders 