Economic Model

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...
 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,...
 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...
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.
There is a lot of talk about the challenges that the advancement of Asian economies, China in particular, poses to our economic system. As always, I try to inform as far as I know about what is happening in...
Is China raising or simply taking back the role that it has always had? How can the West understand and face this reality? With Biden there will be less focus on trade balances, hence good for EU and Italy which enjoy a surplus with the US. However...
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:
Export of our Made in Italy is confirmed as driving force of our economy. Representing about one third of the country's GDP, every 1% of export growth translates into 0.3% growth in Italy’s overall GDP. In line with our strategy "Protection of Key Countries and Promotion of Emerging Countries", a major push came from non-EU countries, where we have concentrated our institutional trips. Great performance of our export in the United States, from where we have just returned.

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