Don’t fear China’s trillion-dollar trade surplus
It is a problem not for the rest of the world, but for itself. Read More Here
It is a problem not for the rest of the world, but for itself. Read More Here
The Chinese leader could soon find himself staving off two different economic crises. One threatens his hold on power. Read More here
The prospect of a timeless future has given way to visions of no future at all. Ideology remains a fault line in geopolitics, market globalisation is fragmenting, and great-power conflict has become increasingly likely. Read More Here
Stock and bond prices may seem random on any given day, but there is deeper meaning about the state of the world if you know where to look. Beneath the prospects of a company or the durability of the current economic cycle, there are important messages about the world order that U.S. President Joe Biden’s […]
By recognising and investing in the strengths of pioneering cities and regions, China has developed a powerful mechanism for organising and advancing its economic transformation. Judging by the tremendous success of Shenzhen and Shanghai, it seems clear that China will continue to reap the rewards of this approach for decades to come. Read Here | […]
With politicians proposing policies that would vastly expand the size of the government and its involvement in the economy, it is clear that too many Americans have forgotten the lessons of the twentieth century. As Friedrich Hayek and Milton Friedman pointed out long ago, deviating from market principles is a recipe for disaster. Read Here […]
Many people, including economists, wonder why a scheduled 3% fare increase on the Santiago metro triggered mass protests that paralyzed the entire country. In fact, the popular response should come as no surprise, and understanding it is crucial to devising better policy solutions. Read Here – Project Syndicate
It was only a few decades ago that globalisation was held by many, even by some critics, to be an inevitable, unstoppable force. “Rejecting globalisation,” the American journalist George Packer has written, “was like rejecting the sunrise.” Globalisation could take place in services, capital and ideas, making it a notoriously imprecise term; but what it meant most […]
…The version of China that Trump continues to rail against is increasingly out-of-sync with the China that exists today. Its economy, much as other developed economies have already done, has begun transitioning towards a post-industrial economy. The manufacturing boom that powered China’s economic rise over the last two decades has started to draw to a […]
China needs to evolve its economy and advance beyond being a low cost supplier of labor and the global supplier of cheap goods. They must evolve into a value-added producer of innovative products and services, not only for the domestic market but also by developing brands that are respected worldwide. China’s ascension as a superpower […]