China’s Black Market City
In mountainous Wenzhou “the emperor is far away” and the freest of markets reign.
In mountainous Wenzhou “the emperor is far away” and the freest of markets reign.
Bradley Gardner Reason Dec 2011 15min Permalink
As it approaches a public offering, how Glencore—founded by the legendary fugitive March Rich—cornered the market for just about everything by working with dictators and spies.
Ken Silverstein Foreign Policy Apr 2012 25min Permalink
How KFC brought fried chicken to China and Africa as U.S. sales slumped.
Diane Brady Businessweek Mar 2012 10min Permalink
How the U.S. lost out on iPhone work.
Charles Duhigg, Keith Bradsher New York Times Jan 2012 20min Permalink
The world’s fastest growing economy isn’t China; it’s the “unheralded alternative economic universe of System D” aka the $10 trillion global black market.
Robert Neuwirth Foreign Policy Oct 2011 10min Permalink
Who simultaneously did business with the U.S. government, the besieged Syrian regime, and the Libyan rebels last month? The group of 16 trading houses that collectively are “worth over a trillion dollars in annual revenue and control more than half the world’s freely traded commodities.”
Joshua Schneyer Reuters Oct 2011 35min Permalink
On the current state of the global economy and the inevitable decline of the U.K. and the U.S.:
A decade-long slowdown would accelerate this shift in global wealth and power and would be a grim thing to live through, but from a world-historical perspective it might not be a game-changer: it might just be the non-scenic route to the place we’re going anyway.
John Lanchester London Review of Books Sep 2011 10min Permalink
As Europe, led by Greece and Ireland and followed by Portugal and Spain, tumbles towards economic catastrophe, only one nation can save the continent from financial ruin: a highly reluctant Germany.
Michael Lewis Vanity Fair Sep 2011 40min Permalink
What it means to be an entrepreneur in Argentina, where economic crashes are a way of life.
Max Chafkin Inc. May 2011 20min Permalink
On the investors betting big on the Iraqi economy, which they believe has nowhere to go but up.
How automated ‘execution algorithms’ are taking the world’s markets on a wild ride that few economists can even understand, much less control.
Donald MacKenzie London Review of Books May 2011 20min Permalink
An opinion piece on the structural causes of unrest in Egypt; the business fraternity, globalization, and the fate of Egyptian women.
Paul Amar Al-Jazeera English Feb 2011 Permalink
How a nation went bankrupt. “Ireland’s regress is especially unsettling because of the questions it raises about Ireland’s former progress: even now no one is quite sure why the Irish suddenly did so well for themselves in the first place.”
Michael Lewis Vanity Fair Mar 2011 Permalink
How the dream of the Euro became a nightmare.
Paul Krugman New York Times Magazine Jan 2011 25min Permalink
Inside Office 39, a state-run counterfeiting operation designed to keep Kim Jong-il flush.
David Rose Vanity Fair Aug 2009 20min Permalink
Western execs on what it’s like to be taken over by a Chinese firm.
The Economist Nov 2010 10min Permalink
The world’s population is rapidly getting older. How China and other countries stocked with young workers are taking advantage.
Ted C. Fishman New York Times Magazine Oct 2010 10min Permalink
The number one item confiscated by U.S. customs for four years in a row: fake shoes. As brands continue to crack down, counterfeiters continue to up their game.
Lessons learned while temping at an Amsterdam coffee shop.
Wells Tower GQ Aug 2010 25min Permalink
A reporter heads to Nauru, a tiny island nation in the Pacific, to track down the hub of a worldwide money-laundering operation—a shack filled with computers, air-conditioners, and little else.
Jack Hitt New York Times Magazine Dec 2000 20min Permalink
China is securing sub-Saharan Africa’s natural resources at a staggering rate. With the buying spree comes contracts, workers, and of course, politics. (Part 1 of a 6 part series, rest here)
Richard Behar Fast Company Jun 2008 Permalink