In the same week that the Trump administration signed a ceasefire agreement in its trade war with China, it intensified its major campaign against Huawei 5G, explains Greg Austin. Can the United States win this so-called ‘tech war’? When Donald Trump solemnly announced the reasons behind his trade war with China in late March 2018,…
This article is part of the World Economic Forum’s Geostrategy platform When Donald Trump solemnly announced the reasons behind his trade war with China in late March 2018, he accused China of ‘economic aggression’. This concept has not figured in formal US economic diplomacy since 1943, when a senior US official accused Nazi Germany of this practice during…
Canada is the first country in a CNBC series on how the world is fighting Covid-19. The country has done a good job of increasing PPE production and closing borders. It could have done better with nursing homes and testing in Ontario. CNBC is looking at how countries around the world have tackled Covid-19. By…
r. Soumya Swaminathan, the World Health Organization’s chief scientist, told the Financial Times’ Global Boardroom webinar on Wednesday: “I would say in a four to five-year timeframe, we could be looking at controlling this.” To date, more than 4.3 million people have contracted the Covid-19 infection, with 297,465 deaths worldwide, according to data compiled by…
The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide. Organizations around the world, including the Forum and its partners, are coming together and innovating to minimize the impact on public health and to limit disruptions to economies and supply chains. Here are just some ways Forum partners, corporations and other organizations globally…
Companies understand that managing this pandemic is more important for future success than booking profits. Businesses are shifting their models to help slow, prevent, or cure the virus. The pandemic will help more companies see the important advantages of thinking long-term. As much of the world shelters in place, a new future is being invented….
Asia’s dependence on global supply chains means it continues to suffer economically, as the coronavirus pandemic persists across the world. The region is projected to rebound strongly by 6.6% in 2021, but this figure is still 5% lower than what was originally predicted. Close co-ordination between fiscal and monetary policy, reallocating resources and readdressing equalities…
As COVID-19 spread from China to Europe and then the United States, pandemic-stricken countries found themselves in a mad scramble for medical supplies – masks, ventilators, protective garments. More often than not, it was to China that they had to turn. By the time the crisis erupted, China had become the world’s largest supplier of…
Edward Boateng, Ghana’s Ambassador to China, Zhu Jing, Charge D’Affaires of the Chinese Embassy in Accra and Musa Frimpong, Founder of the Duapa Africa initiative in a gripping conversation on Ghana-China relations, COVID-19 and the way forward as the two countries mark 60 years of a sturdy diplomatic relation between the two. The forum which…
The COVID-19 crisis has revealed banks to be not part of the problem for a change, but part of the solution. They have so far proven to be resilient, mostly as a result of the stricter capital and liquidity requirements imposed on them following the 2007-09 global financial crisis. Today, many governments are using banks…
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