The risk of tariffs as a tool to attract manufacturing investment
Recent tariff increases have sparked a debate over whether trade protectionism can effectively attract foreign investment. This column analyses how firms adjust their investment strategies
The narrowing path: Trade and development in a new era
For decades, international trade has been a powerful engine of development. Countries like South Korea and China achieved remarkable transformations – moving from low-income agricultural
The hidden costs of China’s industrial policy
China uses a wide array of industrial policies, such as subsidies and regulations, to promote strategic economic sectors. This column estimates that the equivalent fiscal
Wall Street advances as Trump cools China rhetoric
Wall Street’s main indexes advanced on Monday following Friday’s pullback, as investors returned to risk assets after President Donald Trump’s softer tone eased concerns over
