Archive for February 2020

The Price of Cheap Medicine in China

The National Health and Family Planning Commission (formerly the Ministry of Health), headed by Chen Zhu, formerly China’s Minister of Health, revealed in October 2009 an ambitious plan for a comprehensive reform of the Chinese healthcare system. The scheme would be called Healthy China 2020 and would provide universal healthcare access and treatment for all…

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Coronavirus and its Effects on the Market

The 2019-nCoV corona virus has killed in excess of 213 people and infected nearly 10,000 (as of 31/01/2020), mainly centred in China but around 100 cases have been confirmed globally, outside China. Coronavirus is a type of severe acute respiratory syndrome and has killed 2-3% of patients infected so far. For comparison, seasonal flu has…

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India’s efforts to maintain economic growth

India’s emerging economy traces back to the economic liberalisation of 1991, aimed to create a market-oriented economy that expands private and foreign investment. Capital Economics forecasts India to deliver a growth of 5-7% within the next twenty years, which would theoretically triple the economy’s size and doubling its share of the global GDP. Strong demographics…

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Plastic vs Aluminium: How is the bottled water industry changing?

It is no surprise that plastic pollution is a global problem in today’s world. Plastic water bottles made from polyethylene terephthalate (PET) are a key contributor to the issues regarding the sustainability of oceans and the environment. According to the WWF, over 8 million tonnes of plastic are dumped into the ocean each year. Among…

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Does Javid’s resignation spell Cumming’s takeover of Conservative party economic policy?

In a bold and intrepid display of power from Boris Johnson, the long-running feud between the Chancellor of the Exchequer, Sajid Javid and Johnson’s chief political advisor, Dominic Cummings, has culminated in the Prime Minister supporting Cummings on economic policy, which stands contrary to Javid’s emphasis on fiscal responsibility derived from restraint. Since the Conservative…

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Germany finally stops (some) dirty power production

Germany’s government has finally reached a deal with its regions of highest coal production to phase out all coal generated power by 2038. The deal includes reparation packages for German utilities totalling €4.35bn, who will receive payments in compensation for the lost revenue resulting from closing some of their coal plants early. Last year, Angela…

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HS2 and Huawei: How long can the West continue without China?

Last week Boris Johnson gave HS2 the green light, promising ‘restored discipline’ to the programme, and offering ministerial oversight as a solution to the project’s historical issues. In parallel with this announcement came noise from the state-owned China Railway Construction Corporation, suggesting that they could build a faster, cheaper line within just five years. Grant…

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China’s path to recovery

The outbreak of the new coronavirus COVID-19 in China invites a comparison to the last epidemic the country had seen, SARS. In the 2003 outbreak of SARS, China suffered a sharp hit on its growth, followed by a strong rebound. Although coronavirus has claimed more lives than SARS, it seems to be the case that…

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