As President Donald Trump on Saturday reaches the one-yr mark since his inauguration, the U.S. economy is booming. At the regional stage, for instance, China is by far the leader among BRICS nations in exports of goods to Africa, accounting for a growing share of whole BRICS exports to Africa, from 37.four per cent in 2001 to fifty six.6 per cent in 2012. Kevin Lings, chief economist at Stanlib, a South African asset manager, traces the present bout of weak point to data this month revealing that the current account deficit had widened from four.5 per cent of gross home product to six.2 per cent of GDP.

As each Canada and the EU are very large advanced market economies, it stays to be seen how much threat (and potential harm to the native and international economic system) US commerce policymakers are willing to take. I made my first go to to China with 29 different industrial managers (20 HK Chinese and 10 American expats in HK) on the invitation of the Chinese gov’t, shortly after Deng Xaio Ping started the nice opening of China’s economy.

After giving a number of lectures in 2010, Wu found South African college students communicate …