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As China seeks greater commercial and military advantage across the world’s oceans, its expansive global network of commercial ports both reflects and amplifies its growing power.
Worldwide inflation and a global economic slowdown will impact India’s import bill and constrain Indian exports—a driver of growth.
A key question for consideration is whether the restrictions will lead to a “Sputnik moment” and accelerate the PRC toward a goal of developing an indigenous chip manufacturing industry.
There are, however, only two ways to increase consumption. One involves expansion in household debt, which Chinese financial authorities are trying to discourage.
Questions are emerging regarding the impact of the war on the future of Sino-European relations.
Unreliable distribution and poor governance hold back electricity connectivity rates.
Erdogan's Canal Istanbul is in the works, but the Montreux Convention—which regulates traffic through the Bosphorus and the Dardanelles straits—could spell trouble for this mega-project.
Economists agree that the devastating economic aftermath of the pandemic calls for a substantial increase in government spending.
The world's governments and companies continue to struggle to contain the threat to financial stability because it remains unclear who is responsible for protecting the system.
China’s 2020 trade surplus increased by a quarter over the previous year and foreign reserves have hit a near-five-year high. For the whole of 2020, GDP grew 2.3 per cent, much better than the 4 per cent to 10 per cent declines for the US and euro-zone economies.