It’s one thing if China registers a low ceiling or Brazil. That wasn’t going to be possible this time in the developed world. Europe and the US were finally going to lead. That’s what they said last year, anyway. Markets are freaking out about the growing evidence for so many growth ceilings. The other term for it is an “L” [...]
The global economy is not falling off a cliff. There isn’t even evidence it is about to or is nearing such a situation. The most alarming that might be said of how things appear right now is that conditions aren’t getting any better. It’s hardly the stuff of severe global unrest. This is why individual developments are always cast as [...]
In 1979, Chinese Premier Deng Xiaoping designated four areas as Special Economic Zones (SEZ). Three were located in Guangdong Province, the southeastern region that wraps around the city of Hong Kong. One of those, situated just on the other side of the water from the then-British controlled jurisdiction, Shenzhen would be transformed from a sleepy village of 30,000 residents to [...]
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