The next crisis is coming from China and the steel industry
Shanghai trader Yu Yongzhang’s annual steel sales plummeted by over three-quarters in just a few years. China is the dominant force that has long controlled...
Category: Emerging Markets
EU Slaps Punitive Tariffs on Chinese Electric Vehicles
The European Union will impose additional tariffs of up to 38.1% on electric vehicles imported from China starting next month, escalating the global trade war...
Pressure mounts on emerging markets
Global investors are unwinding their bets on local currency bonds, a trend that could potentially put pressure on central banks to raise interest rates. This...
Fitch lowers China’s outlook to negative due to a rise in debt
Fitch has revised China’s outlook from stable to negative, stating that the government risks accumulating debt as it seeks to steer the economy away from...
Can India replace China as the engine of global growth?
China is slowing down, and Western governments increasingly see it as a rival rather than an economic partner. Along its southwest border, another booming economy...
China at a Turning Point
China has set its annual growth target at around 5%, an ambitious goal that will pressure its leaders for ambitious stimulus plans as they seek...
An Election Year at High Risk for the African Continent
Regarding elections, 2024 will be the world’s most significant global election year in history. More than 60 countries are expected to hold executive and legislative...
What is China’s strategy after the Taiwan elections?
In the tightest elections Taiwan has seen in decades, voters returned the pro-U.S. ruling party to power despite frustrations over the Democratic Progressive Party’s handling...
A New Attraction for Emerging Dollar Debt
Borrowers from developing countries are rushing to sell debt, capitalizing on increased investor appetite and the search for high yields.Mexico led the way, starting the...