In The News

Westward Ho: Asians March Into Africa – Part I

Johan Lagerkvist March 16, 2011
New trade routes are taking hold, linking Africa’s rich resources with the industrial needs in Asia and South America, and this two-part YaleGlobal series analyzes the emerging economic, political and security partnerships. The 2008 global economic crisis and slow recovery for the US and Europe have only reinforced the South-South partnerships, shifting trade relations and fueling economic growth...

Brazilians Making an Economic Mark

Mimi Whitefield February 15, 2011
“Bem-vindo” – or welcome in Portuguese – is the new greeting for South Florida. The struggling state was hit hard by the property bubble collapse and the sub-prime crisis, so now its real estate, tourism and shopping centers are a bargain for neighbors to the south - Brazilians. Brazil, poised to become the world’s fifth largest economy, has a low unemployment rate, reports Mimi Whitefield for...

Chinese Investors Flock to London to Buy Real Estate

Julia Werdigier, Bettina Wassener September 29, 2010
An influx of wealthy Chinese are snapping up high-end London properties. Representing 5 percent of buyers and growing, they are favored by brokers for paying in cash in an effort to evade Chinese capital regulations. To cash in on the influx, brokers hire Mandarin and Cantonese speakers and even open offices in China; some buildings omit the number four, considered unlucky by Chinese. The...

Australia Gets Money, China Gets Australia

Malcolm Knox September 20, 2010
Chinese investment and trade in Australia have grown rapidly. Australian metals and fuels flow to China to help power industrial growth. The scale involved – the costs, the tons moved each day – buoys the Australian economy during a time of global recession. Yet while most Australians deem China’s role as positive, a majority also worries about an over-reliance on such investment. While Australia...

How Serious Is the Chinese Challenge? Part II

Markus Jaeger July 15, 2010
In less than two decades, China will likely be the world’s largest economy, and this YaleGlobal series analyzes China’s growing economic and political influence, particularly its relationship with the US. Some analysts predict conflict, and others expect gradual, peaceful transition. In the second article, Markus Jaeger, a director of Deutsche Bank Research, reviews analysis on China and argues...

Learning Chinese in Mexico: Children Prepare for the Future

Tracy Wilkinson June 9, 2010
Despite its tough policies on Asian immigration, Mexico hurries to increase economic and cultural exchanges with China. Mexico, late among Latin American nations to sign a free-trade agreement with the rising giant, is now China's second largest Latin American commercial partner and the largest importer of Chinese products in the region. Responding to global economic trends and China's...

Fears Intensify That Euro Crisis Could Snowball

Nelson D. Schwartz, Eric Dash May 17, 2010
As Europe strives to bail out Greece and other nations in serious debt, global investors ponder the long-term effects of huge imbalances. The worry is that countries with massive debt like Spain and Portugal can weaken strongholds like Germany and France, reports an article in the New York Times. Economically strong countries that hold problem debt may be forced into restructuring plans even as...