Well, not so unexpected in the end : the brexit referendum was a lot about foreign workers in Britain and their supposedly unfair advantages. Advertisements
The European Union is eventually recognizing China as a market economy, which is a big leap forward for the Middle Kingdom, both as international status and for the antidumping investigations. But in the same time, the EU will have recourse to a special formula for calculating anti-dumping duties against countries whose markets are deemed to…… Continue reading Is Europe going Chinese on trade ?
The migratory wave towards Europe is also explained by the negative demographics of the continent. And if the European population is not already shrinking, it’s because of migrants from Africa and Asia. In this context, the Central European countries’ battle against relocations seems doomed to failure, at least in the long run.
The US tax cuts would imperil the Chinese competitivity !? The new territorial system (taxation dependent on the economic activity on US soil) should entice big US corporations repatriate their activity (and revenues) from China, but should we expect the Chinese companies move their activity to the US because of the tax advantages ? It…… Continue reading Fiscal race-to-the-bottom
Stiglitz on globalisation. Between keep-on-going with more of the same and the protectionist closing, he advocates the Nordic model: There is a third approach: social protection without protectionism, the kind of approach that the small Nordic countries took. They knew that as small countries they had to remain open. But they also knew that remaining…… Continue reading Social protection without protectionism
Last year, there were still doubts if China was making life more difficult to the foreign companies. Today, such questioning seems already senseless : German companies are complaining about the obligation to insert a Communist Party member in the leading structure of every foreign company and they even threaten to quit the country. Could they…… Continue reading The Political Great Wall
A rather unexpected idea for the Europeans : “managing” African migrants with private contractors in Libya. Well, it’s self-serving so not necessarily objective, but who knows … Anyway, if European population shrinks in the long run, while the Africans are forecasted to be 1 billion more by 2050, it is more or less the physical law…… Continue reading Can Europe Stop the Migrants ?