Reports on Communist Party of China See all →
The economic consequences of a global fragmentation will be severe
As the economy begins to sag, China’s ruling party is tightening control over the country and fanning nationalist sentiments in response to justified criticism from abroad. International tension is rising. The world could split up into competing political and economic blocks once again. This would be particularly harmful for Europe, which very much depends on doing business with the Middle Kingdom to maintain its prosperity.