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Trade Surplus or War Surplus? Competing Visions Presented by the US and China

The real threat to global stability and the well-being of citizens is not China’s strong economic performance but Washington’s colossal military spending, which drains the social sector and provokes global conflicts. US Treasury Secretary Scott Bessent has repeatedly campaigned against China’s trade surplus, including rallying 19 G20 members to disrupt China’s $1.2 trillion trade surplus […]
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Trump Is Making China Great (Again)

America might still be the world’s most powerful country economically, but by turning trade into a weapon, Washington may be accelerating the very redistribution of global influence it fears the most. The trajectory of power The most important shift in the US-China competition may not be the size of either economy today, but the direction […]
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Is Europe’s ‘Competitiveness Man’ causing division in Europe?

Mario Draghi’s new think tank, born out of frustration with Brussels, excludes Central Europe while giving a prominent place to business interests linked to the United States. The man credited with saving the euro and the discussions over the European competitiveness with his report to reignite growth, now faces an unexpected accusation: that his latest […]
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