Currencies of both advanced and emerging economies are hurting. Countries that can cut reliance on China, borrow less, and grow healthily will have the edge.
The US government's move to potentially ban TikTok amidst national security concerns and its contrast with India's swift ban highlights global tensions over data privacy and sovereignty. ByteDance's refusal to sell its stake in TikTok sets the stage for a legal battle, invoking First Amendment rights. The outcome will shape not only TikTok's future in the US but also broader implications for data privacy, national security, and the global digital economy.
Bilateral relations between China and the United States are currently in the midst of a “complicated historical period where competition, pressure and cooperation exist simultaneously,” according to Wang Zhimin, director of the Institute of Globalization and China s Modernization the University of International Business and Economics.
Russian President Putin plans a visit to China in May, signaling deepening ties amid heightened global scrutiny. Moscow-Beijing partnership under close watch