For Chinese investors, the grass is almost always greener elsewhere. The country’s stockmarket chronically underperforms, meaning that local punters look to bourses in, say, America or Japan, and devise ways of getting cash around China’s capital controls. But this year is different. The Shanghai composite, an index for mainland stocks, hit a ten-year high on August 25th. In dollar terms, it is up by 17% since the start of the year, ahead of both America’s S&P 500 and global indices.
In 2022, as Russian forces advanced into Ukraine, the Starlink satellite communication system became an indispensable wartime asset. Thousands of...
What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...
In his book The Vision of the Anointed, Thomas Sowell argues that most people’s political opinions are shaped by “a...
This month, amid World Cup fever, New York City implemented a new job-protection law. This law forbids app-based rideshare platforms...
One of the greatest lies in politics is that anyone who opposes excessive government regulation must therefore oppose government enforcement....
New York City Mayor Zohran Mamdani has decided to enter the realm of international diplomacy by threatening to arrest Israeli...
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