Chinese economy

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China funnels its overseas aid money into political leaders’ home provinces

Schools, stadiums or airports help the presidents of countries that receive cash from Beijing tighten their grip on powerChina’s financing of overseas projects has disproportionately benefited the core political supporters of incumbent presidents or pr…

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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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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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