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China Is In Driver’s Seat When It Comes To Powering Electric Cars

-Op-Ed- LAUSANNE — While plenty of attention has been paid to Donald Trump’s “America First” pledge — as troublesome or laughable as it may seem — relatively little is being said about another protectionist economic strategy, one that could have a far greater impact on Europe and the West. Unlike the U.S. president, with his well-known habit of airing every thought and whim on Twitter, authorities in Beijing have been discreet about their “Made in China 2025” initiative. Don’t be fooled though. It may not have a lot of fanfare, but this is no half-measure. Just as China has already […]

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Economy

One-Child Policy Could Push China Into Same Demographic Ditch As Japan

In 2011, Sony accumulated losses of $5.6 billion, Sharp lost $4.7 billion, and Panasonic $9.6 billion. The momentum of similar huge losses at these firms has continued through 2012. All these enterprises that used to be so much admired by the Chinese are plunging, one by one, into historic lows. Of course the ups and […]

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