China’s policy banks, the China Development Bank (CDB) and Export-Import Bank of China (CHEXIM), are new leaders in the world of sovereign finance. Within a decade, they have surpassed annual lending by the World Bank and many other counterparts. According to the Financial Times, the policy banks provided $10 billion more in financing to developing […]
The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) has been highly controversial since it was concluded in 1995. Since then, the United States’ pursuit of higher intellectual property (IP) protection (TRIPS-Plus) for medicines in bilateral and multilateral agreements has been well recognized. As a result, the proliferation of post-TRIPS “free” trade agreements has […]