China

There is a hypocrisy at the heart of the West’s attitude to China: although we’re constantly warned about the threat from Beijing, our political and corporate elites seem intent on making this century a Chinese one. Unlike in the Thirties, this appeasement isn’t driven by fear and ignorance; it is motivated largely by greed.  read more »

To some in the Biden Administration, the supply chain crisis can be dismissed as a loss of East Asian-made consumer trinkets that, as Vox tells us, we could all be better off without—or as White House spokesperson Jen Psaki suggested, amounts to little more than “the tragedy of the delayed treadmill.” Yet, in reality, a broken supply chain is hardly  read more »

For a generation, the Long Beach and Los Angeles harbors in California handled more than 40 percent of all container cargo headed into the US and epitomized the power of a globalizing economy.  read more »

Evergrande, China's second-largest property developer, has said that it might not make interest payments on its bonds this week.  read more »

The skyscraper is an American invention. During the first 75 years of their existence, skyscrapers were concentrated in a small area south of 59th Street in Manhattan --- in 1962, only one of the world’s 10 tallest skyscrapers was outside that area (Cleveland’s Terminal Tower). It was not until 1975 that a non-US skyscraper entered the top ten (First Canadian Place in Toronto).  read more »

God has a special providence for fools, drunkards, and the United States of America.

~Otto von Bismarck  read more »

The 2021 edition of Demographia World Urban Areas includes current population estimates for the 985 identified built-up urban areas (Note 1 describes the background and methodology) with at least 500,000 population.This is a smaller number than last year, due to a methodology that rendered somewhat lower populations for some urban areas.  read more »

The 2020 TomTom Traffic Index reflects a huge drop in worldwide urban traffic congestion levels. Congestion levels (rated by the percentage of additional time required for auto travel during “rush hour”) dropped in 387 urban areas while increasing in only 13.  read more »

China added 70 million residents between 2010 and 2020, according to the seventh national population census, taken on November 1, 2020. This increase surprised some, such as the Financial Times, which had predicted a loss less than three weeks before the results were announced.  read more »

The COVID-19 pandemic has transformed the world economy in ways that will be debated by pundits and future historians for decades to come. Yet, as hard as it is to predict a disrupted future accurately, the pandemic (not to mention its probable successors) looks likely to produce clear economic winners and losers.  read more »