Tag Archives: global economy

The US branding China a ‘currency manipulator’ threatens global stability

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“Donald Trump”by Gage Skidmore is licensed under CC BY-SA 2.0

Winnie King, University of Bristol

The US has escalated its trade war with China by accusing the country of devaluing its currency to make its exports unfairly cheap. When China’s currency, the renminbi (RMB) fell below the symbolic seven-per-dollar level on August 5, President Donald Trump reacted by labelling China a currency manipulator on Twitter. His Treasury department followed suit, making it the official government position. Continue reading →

Davos: leaders talk about globalisation as though it’s inevitable – when it isn’t

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Jennifer Johns, University of Bristol

Global leaders have descended on the Swiss ski resort of Davos for the World Economic Forum’s annual meeting. This year’s theme is “Globalisation 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution”. Continue reading →