Japan’s “lost decades” of near-zero economic growth began when its economy looked eerily similar to China’s today.
UK foreign secretary, Jame Cleverly, visited China just before news broke that an alleged spy had been working as a parliamentary researcher before being arrested earlier in the year.
Florence Lo/EPA-EFE
The setting was grand, so too was the plan. But behind the peace plan put forward by China and welcomed by Russia, is the question, what do both nations seek?
All the rage: bunny balaclavas from fashion chain Ambush to help Chinese youth celebrate the Year of the Rabbit.
Ambush
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s 2020 economic survey points to a dismal year, with no progress on many of the key measures that matter for Australians and an increase in the unemployment rate.
A Sri Lankan road construction project with significant financing from China.
Reuters/Dinuka Liyanawatte
China is betting that a massive set of investments around the world will bring it economic prosperity and international political power.
Chinese broadcasters have suspended showing NBA games in response to a tweet by Houston Rockets general manager Daryl Morey in support of the Hong Kong protests.
John G. Mablango/EPA
Trump’s endgame for the US-China trade war still seems elusive as the conflict continues to escalate.
As uncertain as 2019-20 is, The Conversation’s team of 20 leading economists are in broad agreement that the outlook isn’t good. Scott Morrison and Treasurer Josh Frydenberg will also have to deal with the unexpected.
Wes Mountain/The Conversation
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
A Chinese hybrid-electric SUV made by BYD.
Jengtingchen/Wikimedia Commons
Chinese electric vehicle sales already amount to more than half of the world’s total – and car makers and battery manufacturers are working hard to grow even faster.
The U.S. may be ahead for now, but not by much.
onime/Shutterstock.com
A recent executive order from President Trump won’t do much to help the US stay ahead of Chinese innovation and investment in AI.
Things will continue to look good enough for long enough to help the government fight the election. Beyond that, the Conversation Economic Panel is worried.
Wes Mountain/The Conversation
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation has assembled a forecasting team of 19 academic economists from 12 universities across six states. Together, they assign a 25% probability to a recession within two years.
A mascot for Alibaba’s online shopping site Tmall urges customers to buy on Singles Day.
AP Photo/Ng Han Guan