world economy

The US vs China – who will draw back?

The two major powerhouses of the world’s industrial and financial markets are not just at odds with each other but are fighting a ‘cold war’ that threatens the very foundations upon which all countries operate. Both economies are suffering – and that’s partly as a result of policies enacted by their own governments. For China, the …

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Unravelling the Dragon’s downturn: analysing the decline of the Chinese Economy

Growth in China’s GDP has unexpectedly slowed, raising concerns for its domestic and global growth prospects. In this second quarter, China’s gross domestic product grew by just 0.8%, signalling one of the worst performances in fifty years. Businesses that are heavily reliant on trade with China must mitigate risk and ensure they are adequately prepared …

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BRICS vs RCEP: Clash of the regional trade titans

At just three years of age, the RCEP (Regional Comprehensive Economic Partnership) is already showing signs of rivalling its older sibling, BRICS (Brazil, Russia, India, China and South Africa). BRICS, formed in the early 2000s as a gathering of fast-growing nations, has had significant influence on the global stage and has become an institutionalised forum. …

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