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China’s Growth Moderates with Continued Economic Transformation
China’s growth will moderate over the medium term as the economy continues to rebalance gradually. Growth is expected to slow to 7.6 percent in 2014, and 7.5 percent in 2015, from 7.7 percent in 2013, according to the World Bank’s China
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Luxury Goods Market: Crisis? What Crisis?
In the luxury goods market, nothing quite drives sales as brand recognition does. Slap a Louis Vuitton label on a handbag, and shoppers will think nothing of plopping down a thousand euros or more to carry it off. As Europe
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Q&A Bentley Motors’ Stephen Reynolds: Unchanged Core Values Drive Bentley’s Global Expansion
How does Bentley secure continuous innovation and technological improvement? With the launch of new models in the coming years, the levels of technologies available will also increase. Our new Flying Spur for example, incorporates incredible technology with touch-screen infotainment, mobile
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World Bank: Helping Electrification Efforts in DRC
Sub-Saharan Africa is blessed with large hydropower resources that can bring electricity to homes, power businesses and industry, light clinics and schools, and spur economic activity, creating jobs and improving human well-being. Yet, only 10% of this hydropower potential has
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OECD: Latin America’s Outlook Clouded by Asia’s Slowdown and Financial Uncertainty
The external scenario is less favourable for the region due to the downturn in global trade, the moderation in commodity prices and the increased uncertainty surrounding global financing conditions. General Overview The euro area’s weak economic performance, the slowdown in
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Michael Pettis: Markets Rationale and Volatility – The Case of China
Last month’s award of the Nobel Prize in Economics set off a great deal of chuckling because one of the three recipients, Eugene Fama, received the award for saying that markets are efficient at capital allocation and another, Robert Schiller,
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Wang Meng: A Champ Tumbles and Falls on Her Way to the Top
We all crash into the barricades from time to time and Wang Meng, China’s most successful winter Olympian ever, did so at the 2010 Vancouver Olympics. However, this young lady got up, brushed herself down and went on to finish
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Emmanuel Nnadozie, ACBF: Africa – BRICS Partnership Is Growing Rapidly
Emerging trends show that recently the BRICS group has become a major force in the global economic arena. The OECD predicts that the balance of economic power is expected to shift dramatically over the next fifty years with China becoming
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IFC Champions Water Efficiency in China’s Textile Industry
China’s vast textile industry is a boon to the country’s economy, but consumes high volumes of water. This is a problem at a time when water pollution keeps deteriorating in China, with increasingly less clean water available for households, industry,
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US Political Strife Threatens to Derail IMF Reforms
The International Monetary Fund (IMF) has been reduced to a bargaining chip. Its request for $63bn (£38.3bn) in additional funding was unceremoniously discarded by the Appropriations Committee of the US House of Representatives where it fell victim to the increasingly
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