High-flyers: China is on top of the world for skyscraper construction

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Adam Jezard, Formative Content China seems determined to reach the stars by building ever-taller skyscrapers. In 2017 it saw the construction of 144 high-rises of more than 200 metres (660 feet) in height, including 15 described as “supertall” […]

China is among the 20 most innovative economies for the first time

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Alex Gray, Formative Content In the last few decades, China has made huge progress in science and technology. This new age of innovation has seen the birth of ‘unicorn’ tech companies like media giant Tencent, the ‘Uber of […]

This Chinese tech giant’s latest gadget is… a bus

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Alex Gray, Formative Content This bulbous blue bus could soon become a regular fixture on China’s roads. One hundred of the self-driving buses have so far trundled off a production facility in Xiamen, in southeast China’s Fujian province, […]

Trump doesn’t only target Germany, aims to crack the entire EU

The EU-US trade war is now deeply dividing Europe between those who export cars to America and those who don’t. Germany and France have for quite some time been at odds, regarding the handling of the latest Donald Trump threat to impose import super-tariffs on cars assembled in Europe. Now, however, their differences are becoming […]

EU and China seize momentum to enhance trade agreements in response to Trump’s administration

The EU-China summit will take place on July 16-17 in Beijing where both parties are going to discuss how to improve their trade and investment relations the moment when Donald Trump’s administration is imposing tariffs all around the world shaking the world and trade order. Chinese and EU leaders have already met in Bulgaria and […]

Trump’s MAGA policy remains unchanged as EU warns to impose additional retaliation tariffs on US products

EU threatened the US last Friday with tariff measures on 294 billion dollars of US exports in case Donald Trump’s administration imposes import tariffs on cars and car parts. The US president seems to be doing whatever possible to cause trade wars all over the world. The Old Continent will continue attempting to persuade Mr […]

Trump goes ahead with plan to undo globalization; targets China and EU

Harley-Davidson motor cycles is the first American iconic company to suffer in more than one way from Trump’s action aimed at reversing the world economic order. It’s a matter of fact by now that the ‘America first’ President seems decided to overturn globalization. In doing so, apart from causing global disorder, he will embarrass a […]

Trump-China trade war lingers upsetting global economy and stock markets

The trade war between US and China has escalated in the last few days when Trump decided to announce tariffs on Chinese goods worthy of 50 billion dollars. The latter was not left unanswered by Beijing that fought back with similar announcements. However, the trade threats continued with the US warning to impose additional tariffs […]

China’s cities are rapidly becoming more competitive. Here’s why

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Briony Harris, Formative Content China’s cities are more competitive than in any other region of the world, according to a new report from consultants AT Kearney. The number of Chinese cities included in the 2018 Global Cities Index […]

Central Asia bloc has important role in ‘peace, stability and prosperity’ beyond region, says Deputy UN chief

This article is brought to you in association with the United Nations. United Nations Deputy Secretary-General Amina Mohammed addressed the Heads of State summit of the Shanghai Cooperation Organisation (SCO) on Sunday, stressing that the organization’s impact in the political, economic and security realm, extends well beyond the large Eurasian region that its members represent. Noting that […]

Macron in St. Petersburg didn’t oppose Trump on Iran, in Putin’s presence

Emmanuel Macron, the French President, who has regained the European political initiative for his country, traveled to St. Petersburg, in Russia last Thursday. This was not an official state visit though. Macron just decided to participate in St. Petersburg’s annual International Economic Forum (SPIEF). A high end business delegation accompanied him. Macron met Putin only […]

Investment and Financing under the Belt and Road Initiative (BRI): EU and Chinese stakeholders share their views at European Business Summit 2018

The Investment and Financing under the Belt and Road Initiative (BRI) panel concluded the much promising and enlightening views of the EU and Chinese stakeholders on the visions and actions required for the cooperation between Europe and China under the BRI. The panel discussion commenced with Shada Islam of Friends of Europe asking the German […]

“The Belt and Road Initiative aims to promote peace, development and stability”, Ambassador Zhang of the Chinese Mission to EU highlights from European Business Summit 2018

It was yesterday, on the first day of the European Business Summit in Brussels, that the organiser hosted the much anticipated Roundtable: Visions and Actions: China-EU Dialogue on the Belt and Road Initiative. The European Sting was there to cover the most cutting-edge evolutions for this global investment strategy of China, with consequential impact to the […]

America writes-off Iran, blocks Europe’s Tehran talks

While the European Union and more so Germany have being relentlessly working to save the nuclear non-proliferation deal with Iran, last Monday the new US Secretary of State, Mike Pompeo, shattered any opening for negotiations with Tehran. Until Pompeo dropped his bombshell, the EU was discussing a new pact with Iran, on the basis of […]

The challenges of Chinese investment in Latin America

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Lourdes Casanova, Senior Lecturer and Academic Director, Emerging Markets Institute, Johnson School of Management, Cornell University. As São Paulo hosts the World Economic Forum on Latin America 2018, it is time to consider China’s important influence on economies and […]

EU-China trade: closer ties as US-China trade battle brews

The U.S. Commerce Department announced last Monday that it prohibited American companies from selling components to ZTE, one of the biggest tech companies in China, for seven years. The Chinese side responded to this action by introducing a huge import charge on US shipments of sorghum mentioning that it will defend multilateralism and free trade […]

Banking on sunshine: world added far more solar than fossil fuel power generating capacity in 2017

Endorsed content China leads with more than half of world’s new solar capacity Global solar investment jumps 18 percent to $160.8 billion Cumulative renewable energy investment since 2004: $2.9 trillion  Frankfurt/Nairobi, 5 April 2018 – Solar energy dominated global investment in new power generation like never before in 2017. The world installed a record 98 […]

Is the advent of nationalism to destroy economic neo-liberalism?

All major stock exchanges suffered severe losses on the first day of this week not because Tesla and facebook stocks are falling, or even because the Chinese announced on Sunday night their retaliative import tariffs of 15% to 25% on 128 US products; all that was known and probably discounted for during the past few […]

Trump’s trade wars: Aiming at long term gains for America

Last Friday, President Donald Trump again surprised  the world by imposing new import tariffs on Chinese products of a value of $60 billion and deferring the imposition of import super levies on European Union steel and aluminum for 1st May. In the latter case he also postponed the new tariffs for another six exporting countries […]

Is Britain to sail alone in the high seas of trade wars?

If Britain is counting on the US for a favorable bilateral trade agreement after Brexit, Donald Trump the President of ‘America first,’ rushed last Thursday to destroy that Brit dream; he announced 25% extra tariffs on steel and 10% on aluminum imports, prompting anger and retaliatory measures from America’s closest political allies, Canada and the […]

ECB to people: Not responsible if you lose money on Bitcoin, your governments are

Last Tuesday, 13 February Mario Draghi, the President of the European Central Bank in the most solemn terms said regulating or even banning Bitcoin “it’s not the ECB’s responsibility to do that”. However, he didn’t refrain from eagerly pointing out the very risky and misty nature of the digital ‘monies’. So, when asked again if […]

Disintegrating Tories will void May’s pledge for Brexit deal in seven weeks

Last Friday, Theresa May, the British Prime Minister, said from China, where she was on official visit, that in seven weeks she will have a Brexit transition deal with the EU. Surely, nobody believes her. The reason is that her Tory governing party is so deeply split over the Brexit terms, up to the point […]

Will Qualcomm avoid Broadcom’s hostile takeover post the 1 bn euro EU antitrust fine?

The EU antitrust fine to Qualcomm comes as the latter attempts to avoid the 105 billion dollar hostile takeover by competitor Broadcom which keeps on biding higher and higher. Qualcomm seems to be in serious pressure as several fines have been imposed on the company for market dominance abuse and there are plenty of cases […]

China and China-EU Relations in the New Era

This speech was given at the College of Europe by HE Mr Zhang Ming, Ambassador of the Chinese Mission to EU, on 26 January 2018. Rector Jörg Monar, Faculty Members, Dear Students, Ladies and Gentlemen, Friends, Good morning! It is a great pleasure for me to come to the College of Europe, the cradle of […]

Trump reshapes the Middle East at the expenses of Europe

Trump’s completely unwarranted aggressiveness towards the rest of the world took a violent thrust this week. His vice President Mike Pence speaking at the Israeli parliament, the Knesset, announced a speed-up of the relocation of the US embassy to Jerusalem from Tel Aviv. The move is now to be completed before the end of next […]

What Merkel and Macron are to tell Trump in Davos?

Donald Trump, the American President, is to deliver the closing speech at this year’s World Economic Forum Annual Meeting of 23-26 January in Davos, which as usually is set in the unsullied Alpine landscape. Perhaps, he has something new to say about how America sees Europe. Most probably though, he is simply to repeat his […]

Erdogan’s Turkey in dire straits for flip flop policies in the Middle East

Last week a US federal court convicted Mehmet Hakan Atilla, an executive of Turkey’s state-owned Halkbank. This is a major financial institution of this country, controlled directly by the government. Attila found guilty on five accounts, for evading the American sanctions imposed on Iran. Most of those punitive measures were lifted in April 2015, in […]

Trump: Hostile to Europe, voids Tillerson’s “ironclad” ally pledge

At the end of last week, Rex Tillerson, the US State Department Secretary was intentionally undermined by President Donald Trump. This surprise move from the White House came only hours after the former gave an “’ironclad’ promise of U.S. support to its oldest allies in Europe”. To undercut this pledge, the White House leaked information […]

Climate change: Will COP23 be able to accelerate the implementation of the Paris agreement?

The next UN climate summit (COP23) will take place in Bonn, Germany from 6 till 17 November with everyone to await its outcome and whether it will be beneficial for the global warming adding to the Paris agreement. It is a crucial year for the climate as the US has declared to leave the Paris […]

Trump’s pounding of Iran less harsh than expected, leaves arrangement open

Trump did again what he has been good at. This time he pounded the non-nuclear proliferation agreement with Iran. To be reminded, this was the P5+1 nations (US, Russia, China, Britain, France and Germany) agreement of 2015 with Iran , by which the latter country accepted to stop its nuclear program and be duly inspected […]