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Risks and Opportunities for Italian Businesses
In 2022, the global economy had to face considerable uncertainties, principally linked to the increase of inflation, the lack of energy, and the interruption of supply chains. Despite the difficult historical and global situation, economic and trade cooperation between the European Union and China and between Italy and China seems to maintain prospects for long-term growth. The actors involved are ...
The New Silk Road. One, None and a Hundred Thousand
Some time ago, a friend who works for a non-governmental organization was interviewed by a journalist regarding the risks linked to some Chinese projects to construct coal-fired power plants in a certain country of Southeast Asia. Although the local authorities had promised to work towards a carbon-free future, some of these projects had not been abandoned, and the journalist wanted to know if the ...
The Internationalization of the Chinese Currency
The net outflow of capital from China is continuing and getting worse. In recent months, according to data from the International Institute of Finance (IIF), foreign investors have sold their Chinese shares and bonds for a value equivalent to 17 billion dollars, a historic high. This sell-off, driven principally by high outgoing Chinese investments, also during the years of the pandemic, follows almost ...