Shoppers browse at a discount store in Tokyo. Hit by the trade war, the Japanese economy expanded by just 0.2 per cent in the third quarter of 2019. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

A protracted trade war may be the final blow that will sink the indebted world economy

  • Global debt is growing faster than the global economy, which is simply not sustainable
  • And as the US-China trade war drags on, major economies that are reliant on the global supply chain are running just to stay in the same place

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Shoppers browse at a discount store in Tokyo. Hit by the trade war, the Japanese economy expanded by just 0.2 per cent in the third quarter of 2019. Photo: Reuters
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Taiwan’s government is pinning the island’s economic future on developing industries such as advanced manufacturing, clean energy and defence, while encouraging more local companies with facilities in mainland China to invest in their home market. Photo: EPA-EFE

Taiwan bid to lure firms from mainland China paying off as trade tensions with US persist

  • Taiwanese companies have pledged to invest almost US$39 billion in the island since the start of this year
Topic |   Taiwan

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Taiwan’s government is pinning the island’s economic future on developing industries such as advanced manufacturing, clean energy and defence, while encouraging more local companies with facilities in mainland China to invest in their home market. Photo: EPA-EFE
READ FULL ARTICLE