Not the start of the decline of globalisation – just of China's dominance
Determined to have his FDR moment, Joe Biden’s latest policy seems likely to have put ...
On the day that London Heathrow and Gatwick announce their expansion proposals to the UK’s Airports Commission comes the news that Beijing is to spend $14bn on a new airport, south of the capital. It will be able to handle 72m passengers and 2m tonnes of cargo each year. Meanwhile Heathrow has finally submitted its so-called freight strategy – which appears to detail only that it will double cargo capacity if it wins the right to expand.
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