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Silk Road

Silk Road

Israel and the China Connection

No doubt, the coronavirus pandemic has deepened the schisms in the U.S.-China relationship, which has been slipping down the path of a new Cold War. Believing that China’s global soft power expansion by investing in infrastructure and companies abroad presents a serious national security threat, the Trump administration has pressured…
bubmag
June 7, 2020
Silk Road

Commentary: The US-China relationship just got a lot more complicated

HONG KONG: As governments worldwide confront the terrible choice between saving lives from COVID-19 and protecting people’s livelihoods, economic indicators highlight the intensity of the dilemma.Unemployment has skyrocketed, trade has plunged, and the global economy is facing its worst downturn since the Great Depression. There is only one way to limit…
bubmag
June 2, 2020
Silk Road

America’s Choice After the Coronavirus

As America slowly re-emerges from the coronavirus, it faces a pivotal choice. Will it take responsibility for its response to the pandemic or will it cast blame on the outside world. As the strongest nation on earth, the United States can now either close its borders, embrace xenophobia, blame and…
bubmag
May 28, 2020
Silk Road

China: One Country, Two Sessions, Three Threats

The key takeaways of the Two Sessions of the 13th National People’s Congress in Beijing are already in the public domain. In a nutshell: no GDP target for 2020; a budget deficit of at least 3.6% of GDP; one trillion yuan in special treasury bonds; corporate fees/taxes cut by 2.5 trillion yuan; a defense budget…
bubmag
May 25, 2020
Silk Road

Kuehne+Nagel owner sees about 20,000 job cuts: Die Welt

Business Freight-forwarder Kuehne+Nagel may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits shipping, controlling shareholder Klaus-Michael Kuehne said in an interview. FILE PHOTO: The logo of Swiss logistics group Kuehne + Nagel is seen at its headquarters in Schindellegi, Switzerland October 17,…
bubmag
May 23, 2020