China’s One Belt, One Road initiative is the fusion of two development schemes—the land-based Silk Road Economic Belt, and the 21st Century Maritime Silk Road. Together they comprise infrastructure between 65 countries containing 63% of the world population, more than 35% of global merchandise trade, and 30% of global GDP. To date about $ 150 billion in investment has been committed.
As Asia’s heavyweight, adjusts to the so-called ‘New Normal’, the question arises of how countries across the world will deal with increased exposure to a China that is no longer posting the dizzying growth rates it once was, and which some experts feel is on the verge of a significant economic slump. While some like the UK are only now forging major economic links with China in earnest, others have been hitched to China’s economic growth for years. So when China does sneeze, who catches a cold? We give you the lowdown of who’s at risk and who’s not.
Is the yuan devaluation the start of a currency war, or a reflection of Beijing’s plan to give the market more power?
The week that was: China’s exports do better than expected, local officials get new evaluation criteria, and e-commerce giant Alibaba invests in white goods major Haier. Export and retail numbers beat expectations China’s exports in November surprised analysts again—the 12.7% year-on-year increase tops a Reuters’ poll of a 7.1% rise and more than doubles October’s […]