This is a case-in-point for Chinese overproduction capacity and a possible shape of the things to come. They produce more than half of world steel, they export only 10% but that makes more than US & UK productions together ! The paradox is that the US is taking more heat from the trade community because…… Continue reading China Steel
China as the new world leader in environmental action ? Not really, say two Latin American activists, in the New York Times nonetheless. Almost all Chinese FDI in Latin America and Africa are harmful to the environment …
Big piece recently in FT on China manufacturing more and more with robots. Since 2013, they’re buying more robots than any other country in the world and this year will become the biggest operator of industrial robots, surpassing Japan. For some time, economists kept saying that as China develops the salaries will grow up accordingly…… Continue reading Made in China (but by robots)
Nord Stream 2 cannot but increase distrust of Central Europe countries toward Germany at a time when the former are already on a collision course with European values. Europe worked well as long as at least some part of the national self-interest was put aside in order to promote the larger European interest, but that…… Continue reading Nord Stream 2 : Germany gain, Europe pain
Three steps : 2020 : keeping up 2025 : breakthroughs 2030 : leadership Feasible or too ambitious ? It may depend on the US …
Things are getting serious between Germany and Turkey. Context: some 4M Turks living in Germany, a common frontier as entry door in Europe for a lot of migrants, and now the Germans threatening to stop tourism and economic investments. The paradox being that Turkey is a NATO member and so, formally, an ally. The unfolding…… Continue reading Turkey is playing hardball
It’s not a big surprise that the first Brexit negotiation session went nowhere. The whole world is looking to the tribulations of the United Kingdom, but no one pays attention to EU’s own weaknesses. It initially said future trade relations will be discussed only later, but it realized eventually that trade quotas have to be somehow…… Continue reading Is EU overplaying its Brexit hand ?