Tag "china"
Back to homepageJustin Yifu Lin: Eastern Perspectives, Western Preconceptions, and Prospects for Shared Economic Growth
Justin Yifu Lin made history in 2008 as the first non-Westerner appointed as chief economist and senior vice-president of the World Bank. Lin, one of China’s most renowned economists, currently serves as an official advisor to the Chinese government and
Read MoreWealth on the Move: HNWIs Continually Searching for their Own Little Piece of Paradise
There is continuous movement of wealth around the world. And the wealthy migrate both away from — and towards. Last year, high net worth individuals (a HNWI has personal net assets exceeding $1 million) in the emerging and frontier economies
Read MoreJoe Biden No Panacea to Global Trade Troubles
The imminent departure from the White House of the self-styled dragon-slayer does not necessarily bode well for Chinese President Xi Jinping. Though the incoming Biden Administration is expected to take a less ideological approach to international trade, a reappearance of
Read MoreInvestors Depart as Tech Stocks Come Under Assault
Zoom zonked out this week. Investors dumped shares in the videoconferencing service during a wholesale selloff that drove the company’s shares over the cliff, lopping 17 percent off its market cap on Monday and another 6 percent yesterday. A more
Read MoreIndia: Carefully Seizing the Day
India’s aspiration of rivalling China for regional political and economic supremacy may seem to have been ruined by the Corona pandemic’s intervention. Prime Minister Narendra Modi’s stated goal of growing India into a $5 trillion economy appears more distant than
Read MoreBrexit Nears, Hedge Funds Flip Sides, and IMF Urges Spending
The yield on the benchmark 10-year German bund this week dipped to minus 0,63 percent as investors scrambled for safety and stocks took a beating. Tech stocks stumbled as well after the Financial Times revealed that the European Commission is
Read MoreChina on the Way Back to Rebalancing
China’s economy keeps recovering from the coronavirus pandemic-led crisis through the third quarter of 2020, as revealed by the numbers of August activity. Its GDP grew by 3.2% in the second quarter, after falling by 6.8% in the first quarter,
Read MoreOtaviano Canuto: Brazil, South Korea – Two Tales of Climbing an Income Ladder
The “middle-income trap” has captured many developing countries: they succeeded in evolving from low per capita income levels, but then appeared to stall, losing momentum along the route toward the higher income levels of advanced economies (Gill & Kharas, 2007,
Read MoreLord Waverley: Making the Case for Emerging Markets
The world awaits what emerges from post-Covid traumas. States will be required to consider how to balance budgets, how to derive income from which aspects of the economy to pay for essential services. There will be those who will dig
Read MoreBuilding a Thriving Business Ecosystem at the Intersection of Global Growth Markets
Abu Dhabi Global Market (ADGM) is a leading International Financial Centre sitting at the intersection of Middle Eastern, African, South-East Asian and Chinese markets — a region brimming with investment opportunities. Established in 2015, ADGM comprises three authorities: the Registration
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