China‘s reform-minded leaders are more willing than ever to raise the pain threshold for the economy to push through long-term reforms, despite a protracted slowdown that has sparked calls for looser monetary policy. Read Here – Reuters
In a season of odd news from China—remember the floating pigs?—this was just another bizarre story: A U.S. businessman was held captive by his Chinese workers after they discovered his plan to shift production to India. Charles Starnes, chief executive officer of Coral Springs (Fla.)-based Specialty Medical Supplies, is a free man again, leaving the grounds of his […]
On July 8, 29 countries—the U.S. plus 28 countries of the EU—will begin negotiating The Biggest Trade Deal Ever. The Transatlantic Trade and Investment Partnership will affect 30 percent of global commerce, eliminate $10.5 billion in tariffs, and boost trade by an estimated $280 billion a year. Read Here – Businessweek
According to the US Government Accountability Office, China surpassed America as Africa’s largest trading partner in 2009. Three years later, Chinese two-way trade with African nations amounted to $198 billion, about double ours. And the future looks bright for the Chinese. Projections put China’s African trade at $325 billion just two years from now. It was only […]
Britain’s most senior civil servant says the country is in a 20-yer generational battle to re-balance the economy and return the nation to financial health. Read Here – The Telegraph, London
China’s economic headache just got a little worse. Along with rising local debt, plunging exports, and lackluster investment, add the specter of weak employment. Read Here – Businessweek
A ground breaking study on economic relations between the United States and China looks at how the ties have developed in the past three decades and what the next 10 years hold for them. Read More Here
INDIA will soon have a fifth of the world’s working-age population. But many are worried that it is squandering its opportunity. During the boom of the 1990s and 2000s it became fashionable to talk of India’s demographic dividend – evoking the experiences of East Asia. There, working-age populations rose at the same time as the […]
CHINA is known for its industrial might. Manufacturers, miners, utilities and builders accounted for over 45% of China‘s GDP in 2012. In America, by contrast, they contributed less than 20%. China, according to caricature, makes things—things you can drop on your foot. Soft-toed America merely designs, brands and peddles them. Read Here – The Economist
Sharma Sagar is the new face of Korean manufacturing. He’s from Nepal. Sagar studied Korean for years, competing with other candidates in his native Himalayan homeland to be chosen by a joint-government program that was set up to help South Korea supplement its dwindling labor pool. Read Here – Bloomberg
looking beyond borders 