Less than a year ago, George Osborne boasted of a “golden decade” in ties with China. It was grand rhetoric for a cobbled together package of red carpet visits, a problematic nuclear energy project and deals like the £45m agreement to export the UK’s finest pig semen. But even the cynics didn’t expect the shine […]
Economic slowdowns can often be characterized as periods of hesitation. Consumers hesitate to buy a new house or car, thinking that the old house or car will do just fine for a while longer. Managers hesitate to expand their workforce, buy a new office building, or build a new factory, waiting for news that will […]
After threatening to set up an air defense identification zone, what might the economic impact be if Beijing went one step further and closed off the entire area inside its so-called “nine-dash line”? Read Here – The National Interest
An international Court issues its ruling Tuesday on a challenge brought by the Philippines to China’s claim to more than 80 percent of the South China Sea. The report by the tribunal in The Hague—which will decide on at least seven of 15 Philippine submissions—is likely to be filled with jargon related to maritime disputes. Read […]
President Vladimir Putin has set up a twin economic system in Russia. The apolitical part of the economy is subject to the laws of the free market. In parallel to this is the political part of the economy, where large state-owned structures control massive amounts of money flowing into and out of the budget, and is controlled […]
There are strong commercial and geopolitical forces at play here, first among which is China’s vast industrial overcapacity – mainly in steel manufacturing and heavy equipment – for which the new trade route would serve as an outlet. As China’s domestic market slows down, opening new trade markets could go a long way towards keeping […]
Will today’s five largest economies—China, the United States, India, Japan and Germany—maintain their places between now and 2030? Or will see a reshuffling? Read Here – The National Interest
Right now a political tidal wave is rising in the West, an inchoate deluge driven by years of failed centralization and economic policy, one that threatens to drown traditional parties and submerge political establishments. There is no stopping this storm; the challenge of our time is to ensure that it forces productive change, that it […]
The United Kingdom’s exit from the European Union is creating a lot of losers: London’s finance industry. British Prime Minister David Cameron. The pound. The grand cause of European integration. But out of all of the market turmoil and uncertainty will emerge at least one big winner: China. Read Here – Bloomberg
British voters didn’t just shock the world and the financial markets by voting to leave the European Union hours ago: They also ignored President Barack Obama, handed Hillary Clinton a potential economic burden and injected new energy into the populist currents roiling politics on both sides of the Atlantic. Read Here – Politico
looking beyond borders 