The tenor of the current U.S.-China relationship raises doubts about the world's future health and prosperity.
Credit: UN Climate Change
MILAN – Looking at the economic landscape as 2021 draws to a close, one cannot help but notice the emergence of new obstacles to a robust recovery. The United States, Europe, China, and others face a growing list of remarkably similar short- and longer-term challenges.
The pandemic remains the most immediate concern. Without full global vaccination, new Covid-19 variants will continue to emerge, potentially forcing governments to renew partial or full lockdowns. The coronavirus thus r
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Walmart should be in trouble in China, where its competitors are in retreat and its sourcing operations have been criticised by both Beijing and Washington. But the American retailer seems to have found a way forward in a difficult sector and remains one of the biggest benefactors of China-U.S. trade.
The Commerce Department wants to expand export controls to majority-owned subsidiaries of Chinese companies. That could trigger cascading effects — and challenges.
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