Last month, US President Donald Trump enacted steel and aluminum tariffs aimed squarely at China. On April 2, China retaliated with tariffs on 128 American products.
When the United Kingdom became the first country in the world to undergo large-scale urbanisation in the nineteenth and early twentieth centuries, the process transformed its economy and society.
Over the last five decades or so, Asia’s economies have relied largely on an export-oriented development model to support rapid economic transformation and growth.
China owes its economic-growth miracle largely to local governments. But, as the country attempts to build a more modern and sustainable economy, in a context of lower overall growth, local governments need to adapt.
Last year, North Korea’s Kim Jong-un and US President Donald Trump were hurling kindergarten insults at each other – “Rocket Man is on a suicide mission,” said Trump of Kim; “mentally deranged US dotard,” Kim retorted – while threatening to reduce East
Sofia Begum is a case study in the power of hope. Three months ago, armed vigilantes attacked the six-year-old’s village in Myanmar’s Rakhine State. Sofia saw neighbors killed, an uncle wounded by gunfire, and her home razed.
For the last decade or so, China’s economy has been on something of a roller coaster ride. As 2018 begins, is the country approaching a new ascent, a steep drop, or something in between?