投稿者: Larry Elliott
As the organisation’s anniversary nears, borders around the world are closing againWhen trade ministers gathered in the Moroccan city of Marrakech 30 years ago this month to sign the agreement creating the World Trade Organization (WTO), the mood was c…
If Beijing is expecting an immediate boost from abandoning its tough controls it is mistakenFrom zero tolerance to “let it rip”. China has not just changed its mind on how to cope with Covid, it has executed the mother of all U-turns in response to slo…
Covid has amplified the threats that accompany the country’s role as an economic superpowerChina has been central to the story of globalisation over the past 30 years but now it is struggling. More than two years after Covid-19 cases were discovered in…
While the pandemic has not led to a jump in unemployment, its impact on the over-50s and public sector staff is particularly troublingAt first glance, the UK jobs market is in rude health. The unemployment rate is back to where it was before the Covid …
Beijing was fast to respond and increased public investment; it has not faced a second waveBy its own standards, China’s economy is having a bad year. After four decades of stellar growth, the east Asian country will barely expand at all in 2020.But ju…
Caixin/Markit PMI continues to recover from February trough when coronavirus lockdown was most severe Coronavirus – latest updatesSee all our coronavirus coverage China’s stock market has closed at its highest level in five years after the latest data …
Washington and Beijing must help poorer nations and not go it alone, says ex-British PMCoronavirus – latest updatesSee all our coronavirus coverageGordon Brown has challenged Donald Trump and Xi Jinping to recognise the “deadly urgency” of joining a gl…
3.2% quarterly fall rivals the worst three-month slide during the 2008 financial crisis Hong Kong has plunged into deep recession after its economy was hit by a double whammy of violent street protests and the US-China trade war.Activity contracted by …