Asia-Pacific

Global Spectator, by Andrés Ortega Europeans race head over heels to Beijing

China has launched an Asian Infrastructure Investment Bank (AIIB), a good initiative in a region that in the coming years will require large, actually huge, transport systems and other public works. But the move has driven a further wedge between the US and Europe, at a time when they [...]

Difficult policy choices in China’s slowing economy

Contrary to expectations, China’s economy did not improve during the second quarter of this year (2Q12). In fact, GDP growth fell to 7.6% y/y (8.1% in 1Q12 and 9.5% in 2Q11). Several other indicators, such as industrial production or retail sales, decelerated sharply. Moreover, data published in July has [...]

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