Archive for global economy
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To start a trade war or not to start a trade war, that is the question…
Chinese-American trade relations have taken a turn for the worse lately. With U.S. tariffs on different imported Chinese products, diplomatic ties have been strained. In a time when protectionism should be the last on global leaders minds, the U.S. government has taken a strange approach to deal with the global financial crisis. Evil rumors has [...]
China and the Global Financial Crisis
Yes, China was a part of the problem in the beginning of the financial crisis. Those who mostly blame the U.S. mortgage system and sub-prime loans, forget that we live in a global economy. The imbalances of the world economy created excessive spending in America and excessive saving in China, thus contributing to the financial [...]