Why rush a deal that is so inherently complex?
After decades of increasing globalisation, there now seems to be a slowing, or even a turn to deglobalisation, meaning decelerating trade and investment and reduced global value chains. This trend seems to have accelerated because of the United States’ push to contain China in the context of their strategic competition. So far, however, there is less evidence of deglobalisation in terms of financial flows.
A look into the potential Comprehensive Agreement on Investment between China and the European Union.
An ageing population is generally bad news for growth prospects, but Japan and Taiwan offer important lessons.
The European Union owes much of its economic weight to its regional value chain and integration into the global value chain. But the EU’s global value chain role is shrinking, and while EU trade integration with China is increasing, it is mainly to China’s benefit, undermining the EU’s external competitiveness.
China is no doubt bound to benefit, but other members of the regional trade pact may benefit even more
Testimony before the European Parliament on the subject of China-EU economic relations.
A look into the intermediary role of Hong Kong in financing cross-border Belt and Road Initiative projects and compare it with Singapore, a similar offshore financial center and competitor.
'The Communist Party has acknowledged that the outside world now is more of a risk than an opportunity.'
For all Beijing's ambitions of cracking the hegemony of the US dollar in the face of Trump administration sanctions, the yuan still has a long way to go.