Trump tariffs could be bargaining chip or economic bomb
Fragile US consumer confidence, falling investment unsettles markets. Read More Here
Tag: financial markets
Xi Jinping showcases policy priorities on first trip to Shanghai since 2020
The Chinese president’s itinerary included a futures exchange, technology fair and affordable housing project signalling some of the main items on his agenda in what was his first visit to the city, one of the country’s key economic hubs, since last year’s prolonged Covid lockdown brought it grinding to a halt. Read More Here
Xi’s big push to reverse China’s massive capital flight
Chinese leader following through on vows made to US investors to level corporate playing fields and juice private sector-led growth. Read More Here
China’s Slowdown Isn’t Xi’s Biggest Problem
The Chinese leader could soon find himself staving off two different economic crises. One threatens his hold on power. Read More here
Is He Lifeng China’s next economic tsar?
Signs are increasingly suggesting that the current chairman of China’s top economic planner will be named vice-premier next month. Read More Here
Will China Prove The Doomsayers Wrong?
Investors seem convinced that Chinese President Xi Jinping’s new leadership lacks the knowhow and independence to mount an effective response to the profound economic challenges the country faces. Whether they are proved right or wrong depends – like virtually everything else in China nowadays – on the man at the top. Read More Here
The Dangerous New Anti-Globalization Consensus
The long-time critics of globalization who warned us that it would end badly are having a told-you-so moment… It took a protectionist U.S. president, a global pandemic, and a new European war to prove them right. Read More Here
India Says Crypto Not Illegal As It’s Taxed Like Gambling Win
The Indian government said it doesn’t treat trading in crypto assets as illegal, a day after it announced taxing such transactions just the same as winnings from gambling. Read More Here
‘Stealth Investment’: Chinese Money Finds Its Way Into Indian Tech As IPOs Boom
India’s tech scene is flourishing after Covid-19 lockdowns led to greater use of digital services, with investors pouring US$10 billion into start-ups this year. While investors such as Softbank dominate, Chinese investors are also returning via Hong Kong, despite New Delhi’s FDI rules and deteriorating bilateral relations. Read More Here
A Digital Nixon Shock?
US President Richard Nixon’s 1971 decision to end the US dollar’s convertibility into gold had such far-reaching consequences that it took policymakers decades to learn to manage the new system. Now, digital technologies are driving a new monetary revolution that could end the greenback’s global primacy altogether. Read More Here
looking beyond borders 