After years of maintaining a strict zero-Covid policy, the Chinese government became a hostage to it. There were several reasons for this strategy. Although
One of the greatest uncertainties we are facing today is the duration of the global energy sector’s transition from fossil fuels – including oil, natural gas, and coal
After years of dragging its feet, Western public opinion demands progress towards decarbonization. One of the best examples is the International Energy Agency (IEA) report on “
Globalization has relocated countless companies and vast capital to China. Many supply chains depend on Chinese companies, as we saw when medical and sanitary supplies were needed to
On October 5, OPEC+ decided to reduce oil production by two million barrels per day (b/d). OPEC lowered its 2022 global oil demand growth forecast for the fourth
On 26 and 27 September, four explosions in Danish and Swedish waters destroyed parts of the Nord Stream gas pipelines. According to The Nord Stream pipelines
The growth of the far right in Europe is causing hysteria and conceptual misunderstandings. They are ultranationalist, sovereigntist, racist, intolerant of immigrants and refugees, and advocate for the primacy
Australia has a sui generis evolution — from being Terra Australis Incognita to a penitentiary settlement, to “the lucky country” (due to an abundance of resources and distance
In terms of hard power, China has, first of all, the size of its economy and the strength of its domestic market. In addition, the competitiveness of goods
We've known for several decades that there is no way for our civilization and most life on the planet to survive a nuclear war, even a limited one, and the
China's openness and reform policy was initiated in 1979, but only in the late 1990s did it begin to privatize and significantly reduce its state-owned enterprises (SOE) sector. In the
The economic system in China has been described as one of "state capitalism," i.e. a market economy predicated on competition among state-owned enterprises. However, the system is a mixed one,
Last June, the Portugal-Hong Kong Chamber of Commerce and Industry and two other Hong Kong associations organized a seminar in Lisbon commemorating the 25th anniversary of the Hong Kong Special
According to a recent study by researchers at Rhodium Group and MERICS, Chinese foreign investment stagnated in 2021. While global foreign direct investment (FDI) has recovered sharply, outward
The Chinese government is committed to eradicating covid internally by maintaining endless waves of mass testing, tracking the contacts of those infected (through the use of metadata), locking down numerous
In the face of China’s worst outbreaks of Covid-19, authorities are continuing to pursue a zero-Covid policy, having imposed indefinite lockdowns on approximately 373 million people in at least 45
Rising real estate prices and underlying speculation, leveraged in bank financing and intertwined with land allocated by local governments, have driven the real estate sector into an unsustainable situation. This
Although China's gross domestic profit (GDP) growth reached Real estate accounts for In order to stabilize housing prices, force real estate developers to reduce bank debt and reduce commercial banks'
On May 5, The European Union Chamber of Commerce in China, in partnership with Roland Berger, released a survey on the The introduction in 2022 of more stringent Covid-19 containment
From time to time the proposal for a "global NATO" appears on the table: that is, the extension of NATO's "jurisdiction" to the global scale. According to this idea, NATO and
Copyright © Macau Daily Times 2008-2022. All Rights Reserved