The EU approach to Climate Change is another example of the unintended consequences associated with policies made at an EU level. The initiative was well-meaning maybe, but failed totally to anticipate the consequences on world trade and impact on EU member states. Most damaging is that EU is also terribly slow to ameliorate the negative effects of its own policies.
Whether we're in politics, diplomacy or business, we all know that risk and opportunity are two sides of the same coin. Some commentators are sounding the alarm about the Chinese economic slowdown, and the impact this might have on other economies in the region and further afield. This does not change the fundamental fact that Asia is now - and will remain - a major engine for global growth, and one with which we must continue to engage.
On the final leg of his State Visit to the UK, President Xi of China took a trip to Manchester to visit the Northern Powerhouse, in what is undoubtedly a coup for the city. Moreover, Xi's visit neatly summarises two of the current priorities of the Conservative Government, in particular Chancellor George Osborne: China and the Northern Powerhouse.
I'm delighted to have discovered a leaked 'damage limitation' briefing, sent to David Cameron from advisers, ahead of his meeting with Chinese President Xi Jinping this week. The paper gives some useful advice on what Mr Cameron should say to 'extract' himself from a damaging and embarrassing deal involving Chinese finance for nuclear new build...
It's clear to see China contributes a huge amount to the UK economy and offers great opportunities for UK businesses. Successful companies in China balance optimism with thorough preparation and careful execution - putting in place a China-specific strategy that navigates the complexities of China. For those that do, the rewards can be significant.
Five years on from the Great Financial Crisis and whilst it might feel like little's changed for us as individuals, different nations and their central banks are engaged in heated currency wars. In a race for exports and to inflate away huge debts it often looks like a game to print as fast as you can.