The Financial Times today comments on the difficult beginning, or re-start, of the negotiations between the UK and the European Union in anticipation of the Brexit, in this article. Here are my comments:
Today my speech at the China Outlook 2020 Conference of the European Chamber of Commerce in Shanghai. We talked about China’s economic outlook, trade war and business prospects. Here are my six bullets:
As we are in Japan to participate in the G20 Trade & Digital Economy, Toyota announces agreement with the China’s CATL as well as BYD for the supply of electric batteries, aiming to achieve sales of 5.5mn electric cars by 2025, 5 years ahead of schedule (2030).
Here are my comments:
Xi visit to Palermo, if confirmed, will be a major historic event for the relations between China and Sicily.
The main problem that the world faces today is that the West sees China as a world economic power, which is true if we look at aggregate figures of GDP. However, China, while being an important, key player in the world economy, is comprised of people whose income per capita is very low by European standards. We are analyzing how to include Italian ports as the western terminal of the new Silk Road for international shipments. Our northern ports are right in the middle of Europe, and our southern ports are essential for the development of Mediterranean and African economies.