So when will China overtake the U.S. to become the world’s biggest economy? These questions are more consequential whether for executives wondering where long-term profits will come from or investors weighing the dollar’s status as a global reserve currency or generals strategizing over geopolitical flashpoints. Bloomberg Economics’ Eric Zhu discusses the topic on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)
President Biden vetoed a bipartisan resolution Wednesday that would have reversed his administration’s decision to waive “Buy America” requirements for taxpayer-funded electric vehicle (EV) charging stations. The resolution, which was authored by Sen. Marco Rubio, R-Fla., and introduced in […]
Kazakhstan has proposed a new international gas pipeline project to deliver natural gas resources to its eastern regions. The pipeline would connect Russia and China and is expected to increase Russia’s share in the Chinese […]
The pair are dangerously close to the edge of nuclear war over Taiwan—again. On the morning of April 5, 2023, Taiwan’s president, Tsai Ing-wen, met with then-U.S. House Speaker Kevin McCarthy in Simi Valley, California. […]
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