Apple needs China more than China needs Apple
iPhone sales slip as government imposes bans and local rivals seize market share but Apple still uses Chinese firms for over 80% of its supplies. Read More Here
Tag: manufacturing
Xi Jinping is quietly sanction-proofing China
China is doubling down on manufacturing exports to offset the challenges posed by a sluggish property market and meet the party’s 5% GDP growth target for 2024. Read More Here
America’s Real China Problem
Although everyone is supposed to benefit when individual countries leverage their comparative advantages, this canonical economic theory can run into problems when blindly applied to the real world. In the case of China, American leaders failed to consider why the country exhibits the strengths that it does. Read More Here
Make America Invest Again
Whatever their electoral implications, recent US legislative achievements – from the CHIPS and Science Act to the Inflation Reduction Act – portend a massive increase in long-term investment in America’s growth potential, and in balancing out the various dimensions of its growth pattern. It’s a change that couldn’t come too soon. Read More Here
The China Question
Politicians pushing globalisation like Clinton may have told the public that the purpose of NAFTA and of China’s admission to the World Trade Organization (WTO) was to open the closed markets of Mexico and China to “American products made on American soil, everything from corn to chemicals to computers.” But U.S. multinationals and their lobbyists […]
China Vows To Upgrade Country’s Manufacturing; No Mention Of Made In China 2025 For First Time In Three Years
In delivering his 2019 government work report to the National People’s Congress in Beijing, Chinese Premier Li Keqiang said the country would “work faster to make China strong in manufacturing” – this despite there being no mention of “Made in China 2025” in the government work report for the first time in three years. Read […]
China’s Third-Quarter Growth Rate Slows More Than Expected As Economy Feels Trade War Impact
China’s economy grew at a slower quarterly pace than expected, expanding 6.5 per cent in the three months ended September, as the country’s trade war with the US exacted a toll on exporters and manufacturers. The quarterly growth pace lagged the 6.6 per cent expected in a Bloomberg poll of economists, and was slower than the […]
Brexit: Eighteen Of The World’s Leading Experts On What Happens Next
Where do Britain and the EU go from here on Brexit? Can and should Britain stay in the EU (from a legal, political, public opinion, or another standpoint) or is separation best? Should Britons get another vote on Brexit or on the final deal? What will Britain’s future relationship with the EU look like, and […]
President Trump’s First Year, In 14 Metrics
Like any president, Trump is taking credit for good economic news. He’s highlighted rising stocks and falling unemployment. But Trump also, famously, regards trade deficits as a sign of economic weakness. And for people who worry about the fact that the U.S. buys more stuff from other countries than it sells them, the news has […]
Could It All Be Made In China By 2025?
Take more than 500 types of industrial product and China ranks first for 220 of them, globally. Yet Beijing isn’t satisfied with just being the world’s factory for cheap goods. More than a third of the country’s 800-million workforce produce biblical amounts of stuff, generating $3 trillion annually, but China’s position is slipping. It’s political and […]
looking beyond borders 