As one of the major persistent global issues, poverty is a common challenge for humanity. China, once home to the world’s largest poverty-stricken population, was one of the first countries in the world to introduce state assistance measures.
Under the circumstances of Sino-U.S. trade frictions and Pro-Brexit, China and the UK might become convenient bedfellows – centered around the Belt and Road Initiative and free trade.
Decline seems to be inevitable for us mortal beings and nearly everything that we are a part of. Empire and global hegemony, as we now know, are no exceptions.
It is hardly surprising when global media outlets react negatively to announcements of Chinese spending figures on issues of regional and international importance. China’s uptick in its defense budget for 2018 was no exception.
The world’s most important economic relationship is in serious trouble. Long drawn together by the mutual benefits of codependency—an export-led China relying on U.S. demand and a saving-short United States in need of low-cost Chinese imports and surplus foreign capital—the air is now thick with tension.
Slow and Steady Does it for the Chinese Economy in 2018: Be Alert that Elephant Trump is in the Room
This year, Chinese economic growth is expected to slow slightly as the government continues to lay the necessary groundwork for a new economy, emblematic of a China Dream, where qualitative growth and sustainability are free to flourish.