22 Jan, 2023
Axios Markets title: China's giant downshift By: Matt Phillips Date: 18 January 2023 “China's economy posted its second-slowest year of economic growth since 1976, another indication the post-COVID world economy could be vastly different from the decades that preceded the pandemic, Matt writes. Why it matters: Since it burst onto the world...
13 Jan, 2023
The oldest (known) city is some 11,000 years old (ie, Damascus). The oldest (known) country is some 2,500 years old, being: San Marino (301 BCE), or Japan (660 BCE) or China (221 BCE). See 2020 ThoughtCo. article. Much more recent is geopolitics, which (probably) started with WW I (1914-18). Geopolitics represents the global interconnectedness of Politics, one of...
12 Jan, 2023
While British politics is still pro-Brexit, a majority of British voters now regret Brexit (eg, the Times). German politics is now open to seize Russian assets to rebuild Ukraine (eg, Bloomberg). China's political slogan of common prosperity is often nicknamed as common poverty due to its loss of wealth. Russian billionaires are dropping dead, like overheated...
6 Nov, 2022
Axios Markets title: 1 big thing: Investors rethink giant bet on communist dictatorship By: Matt Phillips Date: 25 October 2022 "Global capital fled China en masse yesterday in the aftermath of Xi Jinping's quasi-coronation as the sole power in charge of China, Matt writes. Why it matters: Market moves suggest investors were surprised by the extent to...
30 May, 2022
My question above might be rhetorical. Several articles (eg, WSJ) highlight that foreign investors are fleeing China due to (1) its zero-Covid policy, including factory lockdowns, (2) its transition from pragmatism to ideology, (3) its saber-rattling on Taiwan, and (4) its support for the Russian invasion of Ukraine. A recent Dutch FT article still argued that...
31 Mar, 2022
Several articles express that the Western sanctions, following the Russian invasion of Ukraine, mark the end of globalization (eg, Axios). I tend to agree with that. Hence, my blog's title: what's next after globalization? See Wikipedia for illustration. To a large extent, these changes are like swing of a pendulum. This results in swings between (amongst others):...
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