World economy

Li Ka Shing

Hong Kong’s Richest Man Unloads China Assets

With a net worth of US$32.6 billion, Li Ka-shing is Hong Kong’s richest man, and was long all of Asia’s richest man until edged out by Wanda Dalian’s Wang Jianlin in August. His business empire has historically been China-centric, though his conglomerate Hutchison Whampoa is far-reaching with 270,000 employees in 52 countries.



Sin título 1

3% GDP Growth: Good For Spain, Bad For The World

Fernando Barciela | The IMF and other international organisations including the OECD are very worried these days that the global economy will only grow 3.3% or less this year. On the other hand, they are very happy about Spain achieving the same level. Why? What makes the diference?




China Fabrica2TC

Adjusting China’s Growth Path

Yukon Huang via Caixin| The prolonged slowdown in China’s economy has generated a fierce debate about whether the country needs a new “growth model.” All economies, however, are guided by the same growth model developed decades ago by Nobel Prize winner Robert Solow: growth of investment and labor along with productivity.