The Economist (June 14)
“The world must escape the manufacturing delusion.” Nearly everywhere you turn, “politicians are fixated on factories.” They want to win them, open them, expand them and bring them home. But this fixation “with factories is built on myths—and will be self-defeating…. the global manufacturing push will not succeed. In fact, it is likely to do more harm than good.”
Tags: Escape, Expand, Factories, Fixated, Global, Harm, Manufacturing, Manufacturing delusion, Myths, Open, Politicians, Self-defeating, Succeed, World
Foreign Affairs (March 25)
“Washington may have forged the open, liberal rules-based order, but China has defined its next phase: protectionism, subsidization, restrictions on foreign investment, and industrial policy. To argue that the United States must reassert its leadership to preserve the rules-based system it established is to miss the point. China’s nationalist state capitalism now dominates the international economic order. Washington is already living in Beijing’s world.”
Tags: China, Economic order, Foreign investment, Industrial policy. U.S., Leadership, Liberal, Nationalist, Open, Protectionism, Restrictions, Rules-based order, State capitalism, Subsidization, Washington
The Guardian (October 23)
“As the leader enters his third term, there are increasing signs that the country is turning inwards, replacing the outside world with cyber ‘reality.’” It looks like “the China of the 2020s may be considerably less open than the one we have known for some four decades from the 1980s to 2020.”
Tags: 2020s, China, Cyber ‘reality’, Inwards, Leader, Open, Outside world, Signs
Wall Street Journal (February 1)
“Despite record-high case numbers, the U.K. and other governments across Europe responded to Omicron with lighter restrictions than any previous wave of the virus, allowing businesses to remain open.” Moreover, individuals and businesses have “adapted to restrictions, minimizing the effects.” As a result, economic growth in Europe has slowed far less than during previous surges.
Tags: Businesses, Cases, Economic growth, Europe, High, Individuals, Omicron, Open, Record, Restrictions, Slowed, U.K., Virus
CNN (April 11)
“Investors will be in wait-and-watch mode until polling ends and India’s new leader is elected on May 23. Whoever wins, business is unlikely to get the kind of boost seen in the last five years…. Still, analysts expect India to remain open to global investors no matter who is at the helm. And the country’s huge market of 1.3 billion people may simply be too tempting to pass up.”
The Economist (April 14)
“Germany is entering a new era. It is becoming more diverse, open, informal and hip.” As the Merkel era draws to a close, “many of the country’s defining traits—its ethnic and cultural homogeneity, conformist and conservative society, and unwillingness to punch its weight in international diplomacy—are suddenly in flux.”
Tags: Conformist, Conservative, Diverse, Era, Flux, Germany, Hip, Homogeneity, Informal, Merkel, Open, Traits
