China has been home to one of the most controversial birth control policies anywhere in the world. For almost four decades, the government has stringently enforced a policy that limited each family to only one child. Anyone exceeding these restrictions had to pay heavy fines. For many years experts have argued that a government has no right to determine how many children a couple should have. In fact, people were quite pleased when China started easing its stance on the policies beginning in 2013.
China is home to almost a fifth of the world’s population. With 1.6 billion people, it is one of the largest countries on the planet and the second largest economy. It is rapidly closing the gap on first placed USA and experts believe that it could overtake them by 2030.
Balance of trade is one of the most important parameters for measuring the growth and stability of a certain economy. China posted its first trade deficit in over a year in April this year, recording a 2.7% drop in exports and an increase of 14.4% in its total imports. Chinese exports have always outweighed its imports, but growing economic and infrastructural developments have resulted in a growing demand for machinery and other materials giving rise to a rare trade deficit.
Looking at the UK economy today (October 2017), GDP has been revised down….again, investment has stalled and uncertainty is on the increase. Even the continuing negotiations with the European Union pose more questions than answers. Not much clarity has come from either Brussels or number 10 Downing street, and with strained relations between the Foreign Secretary and the Prime Minister continuing as we are led to understand, Brexit seems to be progressing backwards, not forwards. Despite this, UK businesses must not lose sight of the bigger picture, and that is to continue to understand the value of their potential investments and investment oportunities whatever happens during and after the negotiations.
A new white paper by OIER Research shows the reasons why organizations’ employees have finally been cited as the most prominent culprits when it comes to cyber security breaches. Security breaches where the organization’s employee is directly responsible accounts for approximately 35 percent of all breaches—and these are the ones which have been directly linked to employee naivety or carelessness. In truth, the true figure could be as high as double that and more.
Since the UK narrowly voted to exit the European Union last year, the value of the pound depreciated against a basket of the world’s major trading partners, most noticeably the dollar and the euro. This depreciation was inevitable because Brexit prompted fears that long-term investment (amongst many other deterministic factors) in Britain would be changed forever, though the format of this change in economic terms in the meantime is thus far unknown. This uncertainty is set to continue during, and long after, the Brexit negotiations end. But the exchange rate continues to decline, and this will have consequences in the long term. But what is the impact on important economic fundamentals such as growth, wages and inflation?