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GLOBALIZATION – World Trade
In his excellent recent works on the themes [of the] nature of globalization and expanding world trade – “The World is Flat,” and the earlier “The Lexus and the Olive Tree” – The New York Times Foreign Affairs columnist and book author Thomas Friedman brilliantly describes and elegantly frames the boundaries and frontiers of the new era that corporations and capital market players have entered, beginning in 1989.
News & Updates
January 16, 2020 A world trade war is brewing. The US-China deal won't stop itSource: CNN Business
Hong Kong / London - The United States has signed a partial trade agreement with China. But that doesn't mean simmering conflicts and uncertainty over trade won't drag down the global economy this year.
January 14, 2020 Trade war: China to make huge purchases of US goods as details of phase one deal revealedSource: South China Morning Post
The trade deal to be signed this week will include pledges by China to buy US$200 billion of US goods over two years in four industries, a Trump administration official and two other sources briefed on the matter said.
January 13, 2020 China is really worried about unemployment. Here's what it's doing to avoid mass layoffsSource: CNN
Beijing has made clear that the world's second largest economy cannot spiral into a slump and risk mass layoffs as it tangles with rising debt, cooling domestic demand and an ongoing trade war with the United States.
Research & Insights
December 6, 2019 Visualized: Ranking the Goods Most Traded Between the U.S. and ChinaSource: Visual Capitalist
Today’s infographic from HowMuch.net charts the top imports and exports between the U.S. and China, pulled from the Observatory of Economic Complexity’s (OEC) global market data for 2017.
June 20, 2019 China’s economic census uncovers more fake data as officials promise ‘zero tolerance’ to data manipulationSource: South China Morning Post
Officials in the central Chinese city of Guanghan have been found to have gone to extraordinary lengths to manipulate raw data to obscure the real picture of the health of the economy, according to the National Bureau of...
Indeed, the signal is clear that China has decided to operate a radical change in its U.S. trade. Taken at an annual rate, China’s trade surplus with the U.S. in the January-April interval would be 23.5% below China’s surplus for...
Commentary & Opinion
Source: South China Morning Post
China’s trade and tariff war with the US is its biggest economic threat, with growth now expected to slip below the psychologically important 6 per cent figure
December 30, 2019 Get Brexit done’? We’re not even allowed to mention itSource: The Guardian
When Johnson returns from the West Indies and moves on from victory celebrations to the hard study of what his officials tell him, he should realise that his campaign promises are totally incompatible with the appalling economic...
Imagine there’s no trade deal and that the U.S.-China battle is left to rumble on through most of next year instead.
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