Архів публікацій категорії Strategies

China will be the top contributor to global growth over the next five years, with its share bigger than all Group of Seven countries combined, according to Bloomberg calculations using International Monetary Fund forecasts. China will account for about 21% of the world’s new economic activity from this year through 2029. That compares with 20% for the G-7, and almost…

The US reiterated to China its concerns over what it sees as industrial overcapacity in the world’s second-largest economy, prompting Beijing officials to push back against that accusation. “The US delegation continued to express concerns about China’s non-market practices and industrial overcapacity,” the US Treasury Department said after a meeting Tuesday of the economic working group between the two countries.…

Western states that lost their overseas possessions have fared well in the Pax Americana. But Xi and Putin want to regain their nations’ long-lost imperial might. The ghosts of empire are haunting Eurasia. President Xi Jinping’s China is seeking to reclaim the power and privileges of the great dynasties that once bestrode Asia. President Vladimir Putin is channeling the memory, and the…

German Chancellor Olaf Scholz warned Chinese officials to address overcapacity and treat foreign firms better, reinforcing criticisms delivered by the US Treasury Secretary in Beijing last week. “Competition must be fair,” Scholz told an audience of university students on Monday in Shanghai, on the second leg of his four-day trip to the Asian nation. “We want a level playing field,…