Joe Biden’s failures on trade benefit China
A new disappointment for Asian free-traders
At the annual Asia-Pacific Economic Co-operation summit in San Francisco, all eyes were on the meeting between Xi Jinping and Joe Biden. But when it comes to competition between the two great powers in Asia, the most consequential decisions were to be made—or rather not made—behind the scenes.
Explore more
This article appeared in the Finance & economics section of the print edition under the headline “Indo-Pacific Empty Framework”
Finance & economics November 18th 2023
From the November 18th 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
China meets its official growth target. Not everyone is convinced
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s
Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
Are big cities overrated?
New economic research suggests so
Why catastrophe bonds are failing to cover disaster damage
The innovative form of insurance is reaching its limits
“The Traitors”, a reality TV show, offers a useful economics lesson
It is a finite, sequential, incomplete information game
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful