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Monthly Archives: July 2012
China’s growth has fallen to 7.6 per cent, its slowest since 2009. This mild drop in growth has prompted some questions over the accuracy of China’s official data, especially in light of other weak data that has been released recently.
The slowdown has already manifested itself in different ways around the world. Read about it in the pieces below. Read more
“Who is Henry?” has become something of a political parlour game in Latin America. I’m referring, of course, to Enrique Peña Nieto, Mexico’s putative president-elect, and Henrique Capriles, the challenger in Venezuela’s presidential election in October. Both Henrys are held up as potential reformers. But how true – or more important, how likely – is that really? Both face serious obstacles. Read more
Here are our pre-weekend reading picks for you:
In the scramble for ways to address Syria’s spiralling violence UN envoy Kofi Annan and Syria’s Bashar al-Assad agreed on an approach earlier this week: work from the bottom up on local ceasefires in the most devastated areas of the country. The approach was discussed during Mr Annan’s trip to Damascus, but immediately raised questions in western capitals, according to diplomatic sources. Read more
From ghost towns to rooftop farms, here are our picks for today:
If you can have remarks that are both pointed and veiled, Hillary Clinton managed it this week – her comments on the limitations of authoritarian capitalism clearly taking a swing at China without mentioning it by name.
The State Department has been trying to improve what Mrs Clinton calls America’s “economic statecraft”, appointing its first-ever chief economist and musing on ways to advance US influence in the global economy. It’s hard for the US to do so directly, especially with Congressional suspicion of bailing out foreigners – which has limited its role in the eurozone crisis – and of signing new trade deals. So noting that rich countries are generally democratic ones might be a way of extending American soft power. Read more
The wealth of China’s “princelings” is growing, leading to fears that the political elite are profiting while the mass of ordinary Chinese are left behind. Increasingly, doing business in China depends on gaining the approval of a small number of hugely influential figures. FT reporters have run an investigation into the business activities of these people. This fact-packed graphic featured in today’s paper reveals the details of those top politicians and their family members, their business interests and the fortunes they have amassed. You can also access our online interactive version here.
Here’s what got us chatting this morning: