Japan must embrace international cooperation in the age of COVID-19
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
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
Some factories complain they can’t consider new orders until the clogged pipeline clears.
Will Japan’s economy improve in 2021?
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
The U.S.’s struggle to control the coronavirus and revive its economy contrasts sharply with the Asian nation, where growth has roared back.
China’s dreams of self-reliance still depend on Japan Inc.
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
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
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
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
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?
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
The 2020 crisis has shown us that we need even more global cooperation in order to face this century’s toughest challenges.
