How America and China dominate global business

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How America and China dominate global business
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Deforestation in the Amazon, poverty wanes in America and bulking up the British state. This and more in our 'week in charts'

, which boosts economic growth. Left to regulate only foreign groups, Europe’s ability to shape global business norms—on privacy, say, or the uses of artificial intelligence—will look weak.

A daily email with the best of our journalismThe Amazon region is Brazil's richest in biodiversity and natural resources, but among its poorest and least developed. It covers 60% of the country's territory and is home to 13% of its people but accounts for just 8% of GDP. The problem is that, ever since the rubber boom in the late 1800s, wealth and employment in the region have come from extraction: logging, mining, farming.

 

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