It has been a hectic week for China watchers, with a stream of economic data releases, policy initiatives and rumours of anointed government successors leaving investors with little time to pause for thought. Indeed, a four-day meeting to discuss China’s next five-year plan was quickly followed by the country’s first interest rate hike in three… [Read more]
When global stock markets were rising in 2009, and government co-operation was thought to have saved the world from economic catastrophe, the continued deterioration of trade ties between the US and China went largely unnoticed. However, rising protectionism is now here, and I think this issue will rise in significance over the coming months. After… [Read more]
With the onset of a severe global recession, there has been some talk that the world could experience a period of ‘deglobalisation’. First, a few quick words on globalisation. Although this has been in motion for at least a generation, the word itself only really came into widespread usage from about the mid-1990s. Globalisation differs… [Read more]
