How do China’s current global efforts to expand its power, link to its past as a world might? Journalist Howard French explores in his new book Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power the historical roots of China’s position as a world power.
Category Archives: globalization
Rising wages have already put China in the same cost-league as Portugal and South-Africa, forcing manufacturers to low-wage countries. But that is only one challenge for a major shift in the labor market, says business analyst Ben Cavender to CNBC.
Alibaba’s Ant Financial investment of US$200 million into the Korean mobile payment service Kakao Pay illustrates how the leading Chinese payment platform want to gain global dominance, says business analyst Ben Cavender to Reuters. Buying into strong local players is smarter than competing with them.
At the end of 2016 a sharp decline in outbound investments by China became clear as financial restrictions kicked in. Business analyst Shaun Rein expects the curtailing measures to last for at least six months into 2017, he tells the South China Morning Post.
Donald Trump is still rolling up his sleeves, while many analysts are still wondering who might be better equipped for a shake-out between China and the US. For now, leading economist Arthur Kroeber puts his bets on on China, he tells CNBC.
While Trump still has to make his mark on international relations, fears rise that he might disrupt international order in a gross way. Leading economist Arthur Kroeber says it might trigger off international anarchy where China will be unwilling to step into the void, according to the Globe&Mail.
While the jury is still out on what China´s role will be at the post-Brexit Trump era of global trade, president Xi Jinping did emerge as a global player at the World Economic Forum, tells leading economist Arthur Kroeber at Bloomberg.
President Xi Jinping´s speech at the World Economic Forum in Davos has been greeted with enthusiasm by global corporate leaders, confronted with opposite movements from Donald Trump and the Brexit. But political analyst Victor Shih warns it does not mean China is heartily embracing economic liberalism, he tells the LA Times.
President Xi Jinping will visit the World Economic Forum next week in Davos as the first Chinese head of state. It is part of China´s push for international recognition, but political and financial analyst Victor Shih sees at this stage little room for progress, he tells at the Economic Times.