https://www.scmp.com/rss/513687/feed Dambisa Moyo, an international economist, is the author of four New York Times bestselling books, including Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth – and How to Fix It. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The escalating Sino-American rivalry and broader concerns about China’s economy have caused Western firms to re-evaluate their operations there – and rightly so. Given the uncertainty surrounding President Xi Jinping’s economic policies and geopolitical intentions, it may be time for investors and corporate leaders to consider scaling back their exposure to Chinese assets and markets. The events of the past year, particularly Xi’s dogged refusal to ease his strict zero-Covid policy and his... https://www.scmp.com/comment/opinion/article/3200194/spooked-and-stung-foreign-investors-must-reassess-chinas-fast-moving-economic-terrain?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3200194/spooked-and-stung-foreign-investors-must-reassess-chinas-fast-moving-economic-terrain?utm_source=rss_feed Sat, 19 Nov 2022 08:15:12 +0000 US inflation remained stubbornly high in August, with prices increasing at an annual rate of 8.3 per cent. While this higher-than-expected rise has disappointed some economists, US Federal Reserve chair Jerome Powell’s commitment to raising interest rates – which he emphasised in his recent Jackson Hole speech – will surely dent US inflation by squeezing demand. And the prospect of imminent monetary tightening has helped to strengthen the dollar, which has breached parity with the euro and... https://www.scmp.com/comment/opinion/article/3193097/why-us-better-placed-beat-inflation-most-other-economies?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3193097/why-us-better-placed-beat-inflation-most-other-economies?utm_source=rss_feed Tue, 20 Sep 2022 21:30:16 +0000