Now that the old rules governing macroeconomic cycles no longer seem to apply, it remains to be seen what might cause the next recession in the United States. But if recent history is our guide, the biggest threat stems not from the US Federal Reserve or any one sector of the economy, but rather from […]
China said the small number of issues standing in the way of the Regional Comprehensive Economic Partnership (RCEP) could be resolved by the end of the year, adding member states were also ready to work with India to address outstanding issues. Fifteen nations from the Asia-Pacific region – the 10 ASEAN nations plus Japan, China, […]
India, which has for some years now been raising walls against the rest of the world, appears to have definitively turned its back on freer trade. Fifteen of the 16 countries involved in negotiations agreed on Nov. 4 to sign up to the giant trade agreement known as the Regional Comprehensive Economic Partnership. Only India, after months […]
China’s all-consuming focus on sealing a US trade deal forced its top trade negotiator to cancel a trip to Brussels, raising the risk of Europe being pushed “off a cliff”, according to the head of a leading European business group in Beijing. Read Here – South China Morning Post
The EU has agreed to a Brexit extension to 31 January 2020, with the option for the UK to leave earlier if a deal is ratified, clearing the way for opposition parties to back a general election. After a 30-minute meeting of European ambassadors, Donald Tusk, the president of the European council, said the EU27 had […]
The real problem with the phase one accord announced on October 11 is the basic structure of the deal into which it presumably fits. From trade to currency, the approach is the same – prescribing bilateral remedies for multilateral problems. Read Here – Project Syndicate
In 1996, Jiang Zemin became the first Chinese head of state to visit India, underscoring the journey the two Asian neighbours had made since their 1962 border war. His successor Hu Jintao came calling in 2006. However, when you compare that to Xi Jinping’s three visits to India in the past five years – the […]
The trade war seems like the simplest explanation for China’s diminishing economic growth. The White House has slapped tariffs up to 25% on a $550 billion basket of U.S.-bound exports and Chinese exports to the U.S. dropped 22% in September. But while U.S. China hawks would no doubt like to take credit for dinging Beijing’s economy, […]
E-bills, e-signature, the electronic transfer of funds – advancements in technology are bringing about remarkable changes in the business landscape, domestically and internationally. All this change is facilitating the faster movement of goods across borders and forcing governments to keep pace. Negotiations for regional trade agreements have proved an important forum for government consultation about […]
Chinese President Xi Jinping’s visit to India next month might look like a landmark moment in the warming of relations between the two countries. But look a little closer and one seemingly intractable obstacle remains: Xi’s signature Belt and Road Initiative. The plan remains a thorny issue in relations. Read Here – South China Morning […]
looking beyond borders 