Economics & Business Archive

Editor’s Note: This is the web version of our subscriber-only weekly newsletter, China Note, which includes a look at the week’s top stories and best reads from and about China. Subscribe to receive it by email every Wednesday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your email inbox. New reports this week have revealed the developments that led to the Chinese internet regulator’s investigation into ride-hailing giant Didi Chuxing, which has triggered a sell-off of the group’s shares and had a ripple effect on the Chinese tech industry. Investors were caught by surprise when the Cyberspace Administration […]

The recent Fourth of July holiday weekend in the U.S. brought the latest installment in the wearying litany of colossal cyberattacks. The breach of the Miami-based software company Kaseya, which combined a supply chain attack with ransomware, affected hundreds of organizations all over the world—from kindergartens in New Zealand to a Swedish supermarket chain representing 20 percent of the country’s food retailers.  The company at the center of the incident, Kaseya, offers “complete, automated IT management software for [managed service providers] and IT Teams,” according to its website. Put another way, Kaseya software has low-level, privileged access right across the […]

In January this year, two shipments of shirts made by the major Japanese brand Uniqlo arrived at a port in Los Angeles, where they were detained by the U.S. authorities. Few heard about the seizures until they were revealed in documents released by the U.S. Customs and Border Protection agency in May. It’s been a quiet story, receiving none of the media commotion that accompanied the Chinese boycott against fast fashion giant H&M and other retailers in March—but it has sent a ripple of fear through the fashion industry, nonetheless. The confiscation was part of a U.S. effort to prevent […]

Of the many injustices in the contemporary world, modern slavery is among the most shocking. The trade in humans is a worldwide phenomenon. It spans the poorest and wealthiest countries and is deeply embedded in global supply chains. This is not only an ethical outrage but a threat to international security, prosperity, good governance and development. As the world seeks to “build back better” from the COVID-19 pandemic, it must tackle the scourge of human bondage. Slavery is one of the oldest human institutions, and it remains stubbornly persistent. The global abolitionist movement, which originated in the late 18th century, […]

CEUTA, Spain—In March 2020, Morocco closed its land borders around Spain’s North African enclaves of Ceuta and Melilla, citing the need to prevent the spread of COVID-19. They have remained closed since, and with no indication of when they might reopen amid diplomatic tensions between Spain and Morocco, the two enclaves have been forced to confront their dependency on a newly assertive Morocco and come up with a radically different economic model. The economic picture in the enclaves, each of which hosts some 85,000 residents, has rarely been pretty. Today, about half the salaried workers in each are employed by […]

Editor’s Note: This is the web version of our subscriber-only weekly newsletter, China Note, which includes a look at the week’s top stories and best reads from and about China. Subscribe to receive it by email every Wednesday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your email inbox. Addressing a 70,000-strong crowd gathered at Beijing’s Tiananmen Square to mark the centennial of the Chinese Communist Party on Thursday, Chinese leader Xi Jinping delivered a defiant speech that seemed aimed as much toward Washington as toward the millions of Chinese households watching on television. “We have never bullied, oppressed, or […]

One of the most important problems in modern African history is also among the most widely misunderstood. For decades, both journalists and scholars have lamented that Africa’s borders were drawn up by outside powers, beginning with Europe’s so-called Scramble for Africa, between 1881 and World War I. This threw all sorts of linguistically, religiously and politically disparate groups into newly formed colonies and, soon afterward, new African nations, in which they were suddenly forced to try to get along together in the task of building independent republics. The mistake in this logic isn’t that these things didn’t happen. If one […]

Glistening blue water, a stunning coastline, the smell of the sea, all nearby a bustling European city: The exquisite seaport of Trieste in northeastern Italy was supposed to be the idyllic in-person venue for this year’s European Dialogue on Internet Governance, or EuroDIG 2021. Unfortunately, due to the pandemic, the majority of sessions took place online. But one group—the Dynamic Coalition on Data and Trust, of which I have the good fortune to be a coordinator—met in person to discuss issues around the Domain Name System, or DNS, and practical responses to DNS abuse and cybercrime.  Geographically speaking, Trieste sits […]

There are at least two ways in which the newly approved Congressional Select Committee on the events of Jan. 6 might go about investigating the violent storming of the U.S. Capitol building in Washington on that day. One is to treat the assault as a one-off—an aberrant security breach in which thousands of people who supported former President Donald Trump stormed the seat of American democracy to protest the 2020 certification of election results that put President Joseph R. Biden in the White House. Another is to approach the mob violence that day as the culmination of a yearslong influence […]