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Western concerns that the renminbi could rival the dollar as an international currency contrast with underwhelming numbers in terms of global settlements in renminbi and with the experience of China's two main previous failed attempts to achieve renminbi internationalisation. However, China is...
Persistent link: https://www.econbiz.de/10014528836
Trade in renewable energy goods is a global public good; all countries gain when others cut emissions, and all suffer from climate change if decarbonisation is delayed. Yet this trade depends on China, which controls most of the world's production of solar panels and electric vehicle batteries,...
Persistent link: https://www.econbiz.de/10014528887
Chinese growth, astounding since the beginning of the reform era, has slowed in the last decade. We offer a baseline estimate (based on the current trend) of China's medium-term growth rate, which we project to fall to 2.4 percent by 2035. Several factors create uncertainty around this baseline....
Persistent link: https://www.econbiz.de/10014329427
The job of High Representative for Foreign and Security Policy and Vice-President of the European Commission (HRVP) was designed for a different world than the one the European Union now grapples with: a world built on principles and governed by law, in which the EU was a force of attraction...
Persistent link: https://www.econbiz.de/10015054163