The pursual of South Africa’s finance minister by the country’s elite police unit could have dire consequences for the economy. Yet President Jacob Zuma appears not to care.
South African Airways is undoubtedly in crisis.
EPA/Udo Weitz
The costs to South Africa of maintaining the ownership of a national airline are proving to be unbearably expensive. It’s time to let the struggling carrier go.
China must boost its productivity to compete with TPP members.
China Daily Information Group/Reuters
After decades of the fastest economic growth in the world, China’s economy has started to slow down. This is perhaps inevitable, given an average annual growth rate of around 10% was sustained for almost…
When officials in the northern Chinese province of Hubei recently declared their dedication to cleaning up air pollution by giving up smoking, few were impressed by their grasp of the problem. But China…
China’s economic miracle will see it become the world’s greatest financial power; but it critical for the country’s new leaders to ensure its workers aren’t left behind.
AAP
Qing Wang, Warwick Business School, University of Warwick
China’s Communist Party has overseen an economic miracle over the past 20 years, but they are now facing the consequences of becoming the fastest growing economy on the planet. With China’s GDP now standing…
China’s new leaders must decide whether to reform the country’s state-owned enterprises, or remain dependent on export markets.
AAP
With the dust settling on Barack Obama’s second term in the White House and as Washington nervously approaches the precarious precipice of its looming fiscal cliff, all eyes are on the grey matter of the…
Tony Abbott has taken aim at Chinese investment that comes with government connections, arguing that such investment is not in Australia’s national interest.
AAP
Opposition leader Tony Abbott made headlines recently when during a visit to China, he declared that “it would rarely be in Australia’s national interest to allow a foreign government or its agencies to…
A study by the University of Sydney and KPMG has found Chinese investment in Australia is poorly understood and generally…
State guidance of the economy is not just a tool for emerging markets, but also for developing economies that wish to maintain their technological advantage.
mckaysavage
As governments rushed in to prop up collapsing economies in response to the 2008 financial meltdown, the myth of free-market capitalism was suddenly put to the test and found wanting. But it has been the…