Last year, China registered a $ 1.2 trillion trade surplus the largest in the history of any economy; a scenario that would have made president Trump right in using the favorite phrase “Like nothing anyone has seen before.” Surprisingly, the record surplus came at a time of unprecedented uncertainty and policy hostility that appeared destined to […]
Chinese investments have played an inextricable role in Uganda’s emergence as one of East and Central Africa’s major manufacturing hubs. The dividends from the industriousness of Ugandan industries have transformed not just Uganda but also several other countries whose consumer markets depend on Ugandan-manufactured goods, including the DRC and South Sudan, to mention a few. […]
On 2nd June, China publicly responded for the first time to President Trump’s comments that Beijing was acting contrary to the agreement entered by the two countries in Geneva earlier last month. Beijing’s position was explained by the spokesperson of the country’s Ministry of Commerce (MoC), He Yongqian. Being that the pronouncements by the two parties […]
China’s National Bureau of Statistics (NBS) has finally released the much anticipated data on the performance of the country’s economy for last month. Ordinarily, the results should not be a big deal as China has been rather consistent for sometime now. In this case however, everyone was looking to see how things turn up because […]
The United States President, Donald Trump’s relentless habit of slapping tariffs on other countries has created what I can without doubt call “the politics of beam balance”—with Trump’s tariff situation on one hand and China’s President, Xi Jinping’s inclusivity on the other. In other words, Trump’s tariff situation lands us in a more direct situation […]
For almost four months now, the Trump administration has arguably rattled global trade, economists, shocked business executives and set off heated exchanges with not only the world’s second largest economy – China, but also US’s largest trading partners and allies like Canada and Mexico. While economists and corporate executives expressed concerns that such shift in […]
Trump’s first weeks in office for his administration’s second term have not been short of interesting news. To his critics he has proved right, and to the U.S allies, he has shocked them. In fact jokes have been filling media platforms, of the tariffs that were slapped on almost the entire world. His administration has recently […]
As of Wednesday 2nd April, 2025, the American President, Donald.J. Trump announced tariffs globally against countries he accuses of benefitting off what he calls American clemency and the ineptitude of the previous administration. In his attempt to usher in a “Golden Age for America” he has announced a broad range of tariffs with particular force being applied […]
One of the most difficult yet overly simplified ideas in economics is the economic growth of nations. Economists and pundits seem to always analyse by analogy, connecting dots backwards to define unique or even random experiences of developed nations and claiming that they developed because of certain economic policies they pursued. The truth is that […]
By Ernest Jovan Talwana China is one of the few countries which ruthlessly defined the kind of society they want to have, uninfluenced or forced by foreigners. The creation of a genuinely homegrown social system upon which to build the political economy was the foundation of China’s industrialisation. The first lesson is that each nation […]