Omar Hassan

Back-of-the-envelope calculations by Citigroup, a bank, suggest tariffs that high could cut 2.4 percentage points off China’s growth rate, if the government did nothing to cushion the blow.

In developing Asia it makes up a third of consumption, compared with 9% in America.

Between 2021 and 2024, 6m Indonesians had fallen into the “aspiring middle class”, an official euphemism for being a stone’s throw away from poverty. The middle-class share of the population had fallen to 17% from 22% before the pandemic.

With an estimated 40% of the world’s renewable-energy potential, our continent can become a global leader in climate adaptation through investment in infrastructure and digital technology. And Africa is committed to addressing climate change in a manner that recognises our history and our reality.