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
The UK has voted to leave the European Union after 43 years in a historic referendum. Leave won by 52% to 48% with England and Wales voting strongly for Brexit, while London, Scotland and Northern Ireland backed staying in the EU. Read Here – BBC
The febrile behavior of financial markets ahead of the United Kingdom’s referendum on June 23 on whether to remain in the European Union shows that the outcome will influence economic and political conditions around the world far more profoundly than Britain’s roughly 2.4% share of global GDP might suggest. There are three reasons for this […]
All signs show that both the South China Sea dispute and the steel oversupply issue will be realities beyond 2016. As far as the actual forum itself is concerned, the possibility of a 9th round of S&ED — an Obama administration initiative — is unclear, especially with lacking tangible results. Read Here – Global Risk […]
Since the conclusion of the Iranian nuclear deal last July, the perennial antagonism between Riyadh and Tehran has reached a dangerous pitch, fuelling the violence that rages in Syria, Iraq, and Yemen and the undercurrent of instability that saturates the region. Read Here – Brookings
Today, China dominates the railway market, particularly for high-speed rail systems, which the Chinese are busily exporting to East Asia, Europe, and even the United States. China began to invest heavily in high-speed rail in 2007, seeking to create jobs and to improve the mobility of people and goods in its rapidly growing economy. Read […]
looking beyond borders 