economy
Shenzhen: The city that rewrote China’s future
China’s status as a global superpower was unimaginable just half a century ago. In the 1970s, the country was overwhelmingly poor, rural and technologically behind. Today, it’s a technological powerhouse, the world’s second-largest economy and home to more large cities than any other nation. In the first of a five-part series, The World’s Jeremy Siegel travels to one city that’s become synonymous with China’s extraordinary transformation: Shenzhen.
Former US envoy to China says both countries need ‘to give a little’ to secure a trade deal
The World’s Host Carolyn Beeler discusses the implications of the 90-minute call this week between the leaders of the US and China with Nicholas Burns, a former US Ambassador to China under the Biden administration.
Tijuana’s factories are caught between uncertainty and opportunity amid Trump tariffs
New tariffs introduced by the Trump administration are significantly impacting cross-border manufacturing operations in US and Mexican states along their shared border. Businesses historically dependent on frictionless trade are now pausing investments due to the shifting policies.
Trump’s sweeping tariffs undermine decades-old global trade system
President Donald Trump’s wide-ranging tariffs announced on Wednesday are designed to project strength, raise revenue for tax cuts and revive US manufacturing. But skeptics say the tariffs will pull the rug out from under a global trade system that — despite its flaws — has delivered prosperity for many global players for decades. Host Carolyn Beeler discusses the implications with Ian Bremmer, president of Eurasia Group, an international consulting firm.
A tiny Himalayan nation’s big crypto gamble
Bhutan has emerged as an unexpected player in the world of cryptocurrency. The Himalayan kingdom holds the fourth-largest state-owned stockpile of Bitcoin in the world. Its decision to capitalize on the trend has also provided a lifeline for the country’s struggling economy.
