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Japan must embrace international cooperation in the age of COVID-19

Commentary / Japan Jan 15, 2021

Japan must embrace international cooperation in the age of COVID-19

by Haruaki Deguchi

If the nation wants to maintain its current standard of living, it has no choice but to maintain a course that embraces international cooperation.

A year after COVID-19 began, China’s economy is beating world

Business / Economy Jan 15, 2021

A year after COVID-19 began, China’s economy is beating world

by Tom Hancock and Enda Curran

China’s enhanced role in a post-pandemic world increases the urgency of debate among the rest of the world about how to engage with Beijing.

World economy’s fragile rebound boxed in amid shipping logjams

Business / Economy Jan 14, 2021

World economy’s fragile rebound boxed in amid shipping logjams

by Enda Curran and Brendan Murray

Some factories complain they can’t consider new orders until the clogged pipeline clears.

Will Japan’s economy improve in 2021?

Commentary / Japan Jan 11, 2021

Will Japan’s economy improve in 2021?

by Heizo Takenaka

The Japanese economy is slowly recovering. In the second quarter of 2020, GDP growth rate was a grim -28%. The third quarter showed a recovery of 23%, but there are still many problems.

China’s rapid recovery puts U.S. dollar's global hegemony in doubt

Business Jan 10, 2021

China’s rapid recovery puts U.S. dollar's global hegemony in doubt

by Susanne Barton

The U.S.’s struggle to control the coronavirus and revive its economy contrasts sharply with the Asian nation, where growth has roared back.

Commentary / Japan Jan 6, 2021

China’s dreams of self-reliance still depend on Japan Inc.

by Anjani Trivedi

For signs of how China’s ambitions to become a self-made, high-tech industrial powerhouse are faring, look to Japan Inc. The shipment values of Japan’s machinery sector are set to hit record highs, according to Goldman Sachs Group Inc. analysts. Orders placed by Chinese companies for ...

As world says good riddance to 2020, China hails its new status

Commentary / World Jan 6, 2021

As world says good riddance to 2020, China hails its new status

by Frank Ching

China’s position in the world has been elevated as a result of the pandemic, despite criticism that its early missteps and cover-ups made possible the spread of the virus around the world.

A global recovery’s leading variables

Commentary / World | Beyond COVID-19 Jan 6, 2021

A global recovery’s leading variables

by Joseph E. Stiglitz

Questions remain whether the EU and the U.S. will enact recovery programs of the magnitude needed to restore the global economy, and if the developing world will get the support it needs.

2020 just the start of a testing decade

Commentary / World | Beyond COVID-19 Jan 4, 2021

2020 just the start of a testing decade

by Nouriel Roubini

The gap between Wall Street and Main Street has widened, reflecting a K-shaped recovery in the real economy. The pandemic is thus sowing the seeds for more social unrest in 2021.

COVID-19 generates a quiet financial crisis

Commentary / World | Beyond COVID-19 Jan 4, 2021

COVID-19 generates a quiet financial crisis

by Carmen M. Reinhart

In addition to virus-related trends, a quieter crisis is gaining momentum in the financial sector. Even without a Lehman moment, it could jeopardize prospects for recovery for years.

Potential for a big bounce-back in 2021?

Commentary / World | Beyond COVID-19 Dec 31, 2020

Potential for a big bounce-back in 2021?

by Mohamed A. El-Erian

Engineering a big economic rebound in 2021, and maintaining strong and sustainable growth thereafter, will require much more than a COVID-19 vaccine.

A New Year's resolution for the world: Find a common path to recovery

Commentary / World | Beyond COVID-19 Dec 31, 2020

A New Year's resolution for the world: Find a common path to recovery

by Sri Mulyani Indrawati

The 2020 crisis has shown us that we need even more global cooperation in order to face this century’s toughest challenges.

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