Economy

Thomas L. Friedman, author, political commentator and weekly columnist for The New York Times, and Wang Huiyao, president of the Center for China and Globalization, discussed online the future of globalization and China-US relations on March 29.  PLEASE NOTE  This text...
Official statistics would suggest that just over half of our exports (51%) are directed to the 26 countries of the Union, a further 16% to other non-EU European countries. Europe would therefore be the recipient of 67% of our...
 From the economic reforms of 1978 to the present day, that is in just over 40 years, China has lifted from extreme poverty over 850 million people, 770 of whom live in rural areas. This is a huge figure,...
In the aftermath of World War II, the 1950 Italian land reform expropriated wealthy landowners and redistributed their land among rural workers, with substantial and long-lasting electoral rewards for the initiating Christian Democratic Party. The electoral effects of the...
 China's new Five-Year Plan focuses on self-reliance more than any other since its reform and opening up began. But unless the government recognizes the limits of authoritarianism, top-down directives, and social control, it is likely to stifle innovation and...
What is happening is that China is trying to balance the line between the role of government and the role of the market. These lines tend to move one way or the other as certain industries expand and find...
 Welcome to all the viewers and all the viewers of Class CNBC, we are ready for a new episode of our special Class CNBC, dedicated in particular to China. We’re going live to Shanghai to Professor Michele Geraci, professor of...
The shift in the world’s centre of gravity to the Indo-Pacific started years ago, but the pandemic is accelerating it. As EU, we need to look at the consequences in geo-political and geo-economic terms and define our approach to the Indo-Pacific. We have a big stake in the region and should do our part to keep the regional order open and rules-based.

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