Not the start of the decline of globalisation – just of China's dominance
Determined to have his FDR moment, Joe Biden’s latest policy seems likely to have put ...
You ought not to need much help understanding the emphasis of this headline – the days of 7%-plus growth for China are over as it comes to the end of reaping the benefits its export-model business. There are still ways the country could engineer enormous economic growth, but they are ways that the Chinese government is unlikely to take – if it has even a modest instinct for self-preservation – such as removing state influence from private business; bringing credit markets under control; and allowing firms to go bankrupt if they fail – all of which are policies that have helped the Communist Party retain its grip on power.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article