China: The Rise Of A Trade Titan

While the rise of China as an export powerhouse became evident at the beginning of this century, the story began earlier. Towards the end of the 1970s, China began a set of reforms to upgrade its economy and open up to the world. At that time, its share of global trade stood at less than […]

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The Global Trade System Could Break Down

Because the World Trade Organization tends to operate beneath the surface of the global rules-based trading system, it is easy for people to forget the indispensable role that it plays. But now that the Trump administration is waging a quiet war on the institution, the international community must stop taking it for granted. Read Here […]

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How the Tariff War Could Turn Into The Next Lehman

Ten years ago this week, Lehman Brothers filed for bankruptcy, and the world suddenly changed. That date, Sept. 15, 2008, was hardly the starting point of the Depression-sized financial crisis that would soon threaten to sink the entire world economy; it had begun more than a year earlier. But most scholars agree Lehman’s failure marked […]

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The Biggest Trade Deal Ever

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

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