ECONOMY & MARKETS

The Chinese national flag is seen in Beijing, China

Will China Ever Become A Developed Country?

A technological leap is critical for emerging market economies to overcome two problems they encounter after years of reliance on foreign technology and cheap domestic labor for growth: the middle-income trap and the Lewis point.
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A general view of the Bank of England (BoE) building in London, Britain

UK Gilts Surge On Speculation About Mini-budget U-turn

British government bond prices rose strongly on Thursday after reports that Prime Minister Liz Truss's government was considering a U-turn on some of the measures in its late-September "mini-budget" that triggered a historic gilts slump.

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