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‘No light at the end of the tunnel’ – Americans join Hong Kong’s business exodus

Worsening Sino-US ties, strict Covid rules, and the crackdown on dissent have dented the territory’s fabled allure as a business hub, say expatsIn July 2018, Tara Joseph, president of the American Chamber of Commerce in Hong Kong, wrote an article in t…

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‘There is no money left’: Covid crisis leaves Sri Lanka on brink of bankruptcy

Half a million people have sunk into poverty since the pandemic struck, with rising costs forcing many to cut back on foodCoronavirus – latest updatesSee all our coronavirus coverageSri Lanka is facing a deepening financial and humanitarian crisis with…

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China’s indebted property sector highlights a fading economic revival

Xi Jinping’s mission is not only to control the housing bubble but rein in untethered industries and foreign capitalChina’s economy has become heavily dependent on property development over the last decade. High-rise apartments have mushroomed across h…

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Climate-vulnerable countries call for help forcing high emitters to act

Those most at risk warn countries such as Australia they will lose out economically if they do not raise targetsSome of the countries most vulnerable to climate breakdown have called on the UN and the UK and other countries who want to lead the climate…

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How Covid spread fear of globalisation and threatens a new world order

From China backtracking on coal to Britain’s ‘chicken king’ calling for a rethink of food production, the virus has accelerated nationalist impulses towards autarkyWhen Xi Jinping promised the world’s movers and shakers in January 2017 that China would…

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The Taliban are not the only threat to Afghanistan. Aid cuts could undo 20 years of progress

The most vulnerable people will bear the cost of sanctions, as services and the economy collapseWatching Afghanistan’s unfolding trauma, I’ve thought a lot about Mumtaz Ahmed, a young teacher I met a few years ago. Her family fled Kabul during Taliban …

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‘Global Britain’ badly needs a new driver at the wheel | William Keegan

The UK’s feebleness abroad and supply-chain problems at home show how absurd the Brexiters’ dream of a transformed nation wasSo much for Global Britain. The fiasco and tragedy of the retreat from Afghanistan have laid bare the folly of the Brexiters’ F…

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