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AB 2000 studies

Alain Boublil Blog



CHINA: The New Way

"Where there is a will, there is a way," said the sage Lao Tzu. What does China want today and where does it go? Most of the commentators focus nowadays on the growth slowdown and the impact of the debt accumulated by real estate promoters and local governments on the financial and social stability of the country, which could threaten the global economy. This is not what is at stake.

First, comparing the growth rates over a long period of time is not relevant. In 2005, China had a GDP equivalent to that of France or the UK. Ten years ...

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7,4% : the chinese growth in 2014

The publication of the first estimate of Chinese growth for 2014 has been greeted in France with a surprising wave of negative comments: one can read almost everywhere that this would be its lowest level since 1990, people hastily interpret it as the sign of a slowdown, and some even wonder about the risk of a collapse. Coming from a country where we would love to reach 1% in 2015, these observations are cheeky.

It is obviously not the first time that this denial about China’s situation expresses itself. By keeping on predicting that the country would not carry ...

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Globalization : the new Silk Road

Major international meetings held from November 10 to November 17 (APEC summits, ASEAN and G20) were characterized by the now predominant place occupied by China. The Chinese President stepped in each time from a position of strength. He has certainly benefited from the weakening of his interlocutors. Vladimir Putin faces the Ukrainian crisis. Barack Obama has been affected by the loss of the Senate. The Japanese Prime Minister remained discreet because of the economic difficulties of his country and was waiting to be received by Xi Jinping, despite the persisting disagreements about the East China Sea. As for Europeans, they ...

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