China

Global poverty – Are we closing our eyes?

How do you map health clinics or water delivery sources in a slum? Humanitarian agencies will be seeking answers to these and other questions as vulnerable populations settle in a sea of shacks on the outskirts of cities and towns across the world in the next few years. [...]

Shifting wealth of nations – what is overlooked

Needless to say the world is focusing on China and India due to its huge populations as well as rapidly rising economies and middle classes. Correct if you look at the amount of people. But by looking at the issue that way we overlook a very potent and prosperous group of people. [...]

Africa growing faster than Asia?

The fastest growing country in the world is actually Angola. No you didn’t get it wrong. China comes second followed by Nigeria, Ethiopia, Chad, Mozambique and Rwanda, all growing at least 8% a year. So has Africa’s time finally come and will the continent now forge ahead? [...]

Investors have lost confidence in politicians – Have you?

The recent inability of US politicians to compromise have lead to US credit rating being downgraded. Add to that European politicians’ inadequate response to the debt crisis in the euro zone and it’s understandable markets are in turmoil. Politicians all over the world really need to step up to the plate and do something drastic to reduce the risks to the global economy. [...]

Economic crash in China – or again – in the US?

Looking at recent predictions about where the Chinese and US economies are heading really echoes the cold war. But the arguments are valid and if either, or both of them, crash it would badly destabilize the entire global economy. [...]

Cyber Warfare – Hackers to the rescue?

Internet-based attacks on critical systems such as gas, power and water have increased around the world. So it’s high time for the world to wake up drastically increase online safety. The most intelligent solution I have come across is the way Israel is handling the problem. [...]

America China – The Power is Moving!

According to the OECD, Western countries’ debts in 2008 were equivalent of to 100% of their GDP. China on the other hand has a deficit equivalent of 21 percent of GDP. So not only is the Chinese economy performing very well, they are also partly bankrolling the West. And money talks. [...]

Is the West taxing itself out of business?

It’s not a coincidence that most successful Western corporations were founded last century. Then it was still possible to build up a highly profitable company in the West. Nowadays however, that’s easier said than done. Western tax authorities, led by Sweden followed by America, are tightening any loopholes there are. [...]

Could a “Deng Xiaoping” surface in North Korea?

When the Cultural Revolution was going on in China nobody would have thought someone like Deng would become the strong leader. But it happened. And not only did the party denounce Mao’s policies and what happened during the Cultural Revolution they also started slowly adapting market principles. [...]

Interconnected for better or for worse?

Understand how the markets work, but isn’t it incredible that a financial crisis made in America can even hit Saudi Arabia. Not only is the kingdom on the other side of the globe, it also has more money than any other country in the world. [...]