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China faces a new world order of trade

IHT - China may have overwhelmed the United States - not to mention the rest of the world - in its quest for Olympic gold, but when it comes to trade, China may be losing its advantage. A spate of factors including a weak dollar, sluggish U.S. demand and high commodity prices have started to rebalance the trade accounts of China and the United States.

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Globalisation and the new nationalism collide

Financial Times - On the one side there are the emerging powers – China, India and the rest – that have never really felt part of a multilateral order designed and dominated by the west. Alongside them are the rich nations that, while speaking the language of mutual interest and dependency, are [...]

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Rising to the challenge

China Daily - At a time when the global financial crisis has been spreading, causing severe shocks to global economic growth, the world badly needed a boost to its confidence in finding a solution to the financial meltdown. Fortunately, the 7th Asia-Europe Meeting (ASEM) that concluded Saturday in Beijing has given that [...]

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Globalization Is Good for Europe

Spiegel, by Peter Mandelson - Europe is nervously watching the dramatic changes under way in the world economy. The suspicion is: If it is good for the Chinese, then it is bad for us. But protectionism is not the answer, argues the former EU Trade Commissioner.

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