With the tremendous power it wields, the U.S. does not have, in real terms, any allies. All it has are servants. But
Tag: economic growth
As China slowed down after the COVID-19 pandemic, this modest supermarket chain from Henan seems to have found the magic formula to encourage Chinese consumers to shop. Pangdonglai is so successful that it has become a national tourist attraction.
Donald Trump’s second term as U.S. president will undoubtedly bring about a transformation in geopolitics and the world economy. With a businessman rather than a politician in the White House, the country will take a more transactional approach based on negotiations.
China’s economy is doing badly. The party leadership will not tolerate criticism of its course, but is looking for ways out of the crisis. These five problems could hinder China’s growth for a long time.
Scholars are increasingly pointing to ways that an overwhelming focus on emissions reduction — what has become known as carbon tunnel vision — can get in the way of holistically addressing the many sources of environmental decay.
Just because war appears more likely to spread to Europe or the Middle East than Asia, we should not forget China’s enormous weight. But does Beijing want to do with it?
The European Commission has committed €100 million to support Tunisia in the effort against migration, with an affectional €900 million in funding for the country. But how does the agreement expect to find success with a formula that has long held a reputation of failure?
Algeria faces a real risk or going bankrupt by 2029. How did it come to this, in one of the world’s leading hydrocarbon producers?
The news that China’s population has shrunk for the first time in 60 years, comes as India appears to be outperforming its giant neighbor on a number of fronts. But this reversal of fortune still has too many variables to predict the demise of one or the rise of the other.
Aid in its current form is expensive and inefficient. And it isn’t needed — Africa is now a dynamic and confident continent. Europe needs a change of perspective to understand that it needs Africa as much as Africa needs Europe.
A default would be one of the clearest signals that the sanctions are having their intended effect on the Russian economy. But its impact on Russia’s ability to wage war in Ukraine may be another story.
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China’s Loose Credit Gambit
While other major economies are taking steps to tighten credit, China is acting to cheapen it, in order to revive its economic activity and help big firms repay their debts. But will it fuel global inflation, or worse, stagflation?
DHAKA — Bangladesh is shifting from an agrarian economy to an industrial one, with an average annual industrial growth rate of 6.8% (as per the CIA World Factbook) over the past decade. While this steady progress has garnered praise and bagged export deals for its economy, one problem steals its glory: boiler rooms. In the last four years, a total of 62 persons have died in 12 separate incidents of boiler explosions in Bangladesh. On Sept. 10, 2016, 24 people died in a single explosion at Tampaco Foils Ltd, a packaging factory in Tongi at the outskirts of the capital […]
Public development assistance has not achieved its objective of reducing entrenched poverty in Africa. Its scarcity requires the use of new forms of co-financing and investment.
Trade in goods and even services may be slowing for now, but globalization retains its momentum with migration and an unstoppable flow of ideas. Blame human nature.
BEIJING — After enjoying years of double-digit growth, China’s luxury car market has screeched to an unprecedented slowdown with a growth rate of less than 6% for the first half of 2015. But there is one notable exception to the slowdown: the Beijing Benz Automotive Co. (BBAC) — the joint venture between the Chinese state-owned […]
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Why Shanghai Doesn’t Want To Talk About GDP
SHANGHAI — The most important recent piece of economic data in Shanghai is the number that’s missing. At the annual new year session of the Shanghai Municipal People’s Congress, the megacity chose not to set an annual GDP growth target, an unprecedented move for a country where local governments’ political performances are largely tied directly […]
Economic growth has brought more people into Latin America’s middle class, a first but insufficient sign of progress in one of the world’s most unequal regions.
HO CHI MINH CITY — Vietnam’s latest economic experiment has both significant government funding — $110 million — and an ambitious moniker: Silicon Valley Vietnam. Though it could take years before the country sees the same kind of success as the California tech companies it hopes to emulate, Vietnam’s GDP growth is at its slowest since 1999 and it is in dire need of an economic boost. So it’s now betting on start-up companies to tap into a domestic market of over 90 million people and a burgeoning young population in particular. One popular meeting place for start-ups in Ho […]
Protests with similar roots continue in Brazil and Chile, two nations that might seem from the outside to be primed to enjoy their respective economic and democratic expansions.
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Is There Such A Thing As Good Corruption?
From Russia to South Korea and Switzerland, thereis a different between kleptocrats and diligent greasers of wheels.