What’s going on around the world?

Lots of things are happening around the world, and the world has been becoming much more exciting now in both good and bad ways. The two major events that attract the most attentions are Brexit and the trade tension between China and the US. The former will re-shape the economic and political orders in Europe and the latter will re-shape the global trade, economic and political orders; therefore, the latter has a more significant impact on the world. However, Brexit may have side effects beyond Europe. For example, after Britain leaves the EU, Britain will become ‘available’ to the global markets without much constraint from the EU (depending on what Brexit deal the UK will form with the EU), countries outside the EU will gain more opportunities to do businesses with the UK, the UK also gains more opportunities outside the EU. However, at the moment, Brexit transition is not smooth at allm as I have repeatedly said that there is not a plenty of mutual interests to unite all Brexit interest groups to cooperate and bring a Brexit deal that can gain sufficient support to make it passed in the Parliament. Meanwhile, the trade tension between China and the US is escalating. The ban on Huawei is likely to be expanded and applied to more Chinese companies while China implies that it still has one important card in its hand, rare earths. Besides the trade war ongoing with China, the US domestic political fights have reduced the efficiency of the government and law making. The Democratic Party cannot get its infrastructure plan signed by the President whom the party is thinking to impeach. Additionally, the Democratic Party is not internally united that there are different opinions inside the Party regarding whether or not to impeach the President. The presidential election is coming and there are two dozens of Democratic politicians fighting to be the candidate presenting the Party.