https://www.scmp.com/rss/329949/feed Erik Berglöf is chief economist of the Asian Infrastructure Investment Bank and a former director of the Institute of Global Affairs at the London School of Economics and Political Science. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Clogged ports, long shipping delays and skyrocketing transport costs are all evidence of the havoc Covid-19 continues to wreak on global value chains. Firms are reconsidering where to locate production, whether and how much redundancy their operations need and which inventories to hold as a buffer against future shocks. The effects are rippling through the global economy, creating additional uncertainty and slowing recovery. Moreover, with policymakers in Glasgow for the UN Climate Change... https://www.scmp.com/comment/opinion/article/3154949/how-turning-value-chains-green-can-accelerate-global-transition-net?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3154949/how-turning-value-chains-green-can-accelerate-global-transition-net?utm_source=rss_feed Sat, 06 Nov 2021 17:30:16 +0000 Since beginning its reform and opening up 40 years ago this month, China has been a very good student. And now, after four decades of rapid development, the country is increasingly presenting itself as a teacher. As it commits more capital abroad, it has a strong interest in how countries where it invests are run. But is the world ready to learn from it?  In recent years, China has been using its more assertive “going out” policy – most ambitiously expressed in its massive Belt and Road... https://www.scmp.com/comment/insight-opinion/united-states/article/2179494/how-mistrust-gets-way-learning-chinas?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/united-states/article/2179494/how-mistrust-gets-way-learning-chinas?utm_source=rss_feed Wed, 26 Dec 2018 04:30:15 +0000