In The News

Charles Clover January 18, 2018
Companies from China and Russia are in talks over a sale of aerospace technology – specifically, Russia’s Energomash would license space engine technology to China’s Great Wall Industry. “Energomash’s engine, the RD-180, is so highly rated that it is used by the US for its own satellite launches — a curious exception to Washington’s sanctions on Russia implemented following the 2014 invasion of...
January 16, 2018
Jean-Pierre Lehmann, a long-time contributor to YaleGlobal Online, died December 21, 2017. The professor emeritus of international political economy at IMD in Lausanne, Switzerland, was 72. Nayan Chanda, founding editor of YaleGlobal Online, remembers Lehmann, a prolific writer on globalization and trade, and his last article for the publication: “The Global Pivot to China.” – YaleGlobal
Andrew Higgins January 15, 2018
The China Ocean Shipping Company, the country’s biggest, state-owned shipping company, invested billions in the Khorgos Gateway, located in the arid terrain of Kazakhstan. “The gamble is not only reshuffling global transport routes, but also shaking up Kazakh and global politics as China inserts itself deeper into a region that Russia considers squarely within its area of influence,” writes...
Nils Klawitter December 22, 2017
Some products taste better in some places as some manufacturers cut back on expensive ingredients for products destined for less wealthy regions. So there may be less chocolate, sugar or cheese in products sold in Eastern Europe than Western Europe though labels and prices are the same. Slovakian Prime Minister Robert Fico has threatened sanctions, speaking out “for 103 million EU citizens who...
Robert Wall, Nina Trentmann and Natalia Drozdiak December 1, 2017
US proposals to cut taxes for corporations and wealthy individuals are troubling executives of foreign firms. The United States is the world’s largest market for many companies and tax changes can affect global profits, explains a team of writers for the Wall Street Journal. Reduced taxes could mean reduced government revenues and increased uncertainty that slow consumer spending. Some...
Fran Wang November 28, 2017
China Belt and Road Initiative is expanding to reach all 16 nations of Central and Eastern Europe. New agreements being signed with Estonia, Slovenia and Lithuania bring “the total number of foreign countries included in the Belt and Road program to 70,” reports Fran Wang for Caixin. “Chinese companies invested more than $9 billion in the 16 countries last year, triple the $3 billion recorded in...
Demetri Sevastopulo and John Reed November 10, 2017
In addressing the Asia Pacific Economic Cooperation summit in Vietnam, Donald Trump said the United States would not tolerate chronic trade abuses and he urged fair and reciprocal economic relationships. The talk came after his visit to China, the country that has the biggest trade deficit with the United States. Yet the presidents of both countries flattered each other, and Trump said he did not...