A new virus that originated in the Chinese city of Wuhan is so far responsible for 2,700 infections and at least 80 deaths. This post provides business travellers and their employers with information about the virus so they can make sound decisions during this emerging crisis.
Venture capital is undergoing profound global shifts, including a dramatic rise in investments into Asia. With various alternative-investment leadership roles over the past decade, Vistra’s Caroline Baker has been well-positioned to witness these changes. In this interview, she discusses how Chinese investors are influencing the VC landscape, why Southeast Asia is such a popular investment target, and more.
The Trump administration imposed a third round of tariffs on Chinese goods, covering roughly $200 billion of imports from China. China retaliated with $60 billion of tariffs. We tell you if this is likely to be a prolonged battle and what US companies need to consider now.
There are few global industries hotter than co-working, or the practice of renting shared office space to freelancers, startups and other companies. The rise of co-working recently prompted Beijing authorities to add new business-registration requirements, which may be a sign of global regulatory changes to come.
For years, China’s government encouraged privately-owned companies to engage in cross-border acquisitions, and enabled them with cheap debt. This led to the rise of “gray rhinos,” free-spending companies that have dramatically changed the global M&A landscape. Beijing is now looking to rein them in.
Last week, the US Trade Representative Office released a summary of objectives for NAFTA renegotiation, which will likely begin next month. We explain the Trump administration's change in strategy and why the renegotiation is so important.
The World Bank projects global growth to improve to 2.7 percent in 2017, up from a decade-low 2.4 in 2016. Growth rates should further improve over the next two years. We summarize the important points of the World Bank's recent Global Economics Prospects report and take a look at its forecasts for five critical global economies.
On a recent trip to Vietnam, US Trade Representative Robert Lighthizer announced that the US won't change its decision to pull out of the Trans-Pacific Partnership. Meanwhile, the remaining 11 TPP nations met to discuss the fate of the trade agreement.
Last week, Australia and China unveiled a joint statement on cybersecurity. The agreement is a reminder that, in the words of Australian prime minister Malcolm Turnbull, “the need for an open, free and secure internet goes far beyond economics.”
Air pollution caused by industry and global warming has spawned a strange new market in China: the selling of canned "fresh" air.
The US system of higher education has over one million international students who inject billions of dollars into the country every year. President Trump’s rhetoric and policies have troubled current and prospective international students, and the Trump White House may damage this highly profitable sector of the US economy.
A newly opened railway line in East Africa was funded by Chinese banks and constructed by Chinese companies. That project and other China-backed railways in Africa may be evidence that China’s global aspirations are growing while the US's are shrinking.