What started as a trade war between the United States and China is quickly escalating into a death match for global economic, technological, and military dominance. If the two countries’ leaders cannot manage the defining relationship of the twenty-first century responsibly, the entire world will bear the costs of their failure. Read Here – Project […]
The news this week that the U.S. government blacklisted China’s telecommunications giant Huawei from its suppliers was received rather viscerally. It’s “the most insane decision,” the CEO of Huawei’s chipmaking subsidiary HiSilicon said in a memo that went viral on Chinese social media. In its own response, Huawei couldn’t help but scornfully add the words “so-called,” a familiar […]
Asia’s low-cost manufacturing hubs will continue benefiting as firms seek to move their production or supply chains out of China amid rising business costs, despite the likely continuation of a region-wide decline in exports. But for Singapore, Hong Kong, Taiwan and South Korea – once known as the “Asian Tigers” for their high-growth economies – […]
The trade talks between China and the United States collapsed because Beijing removed details outlining the obligations it was required to meet as part of reaching a deal to end the trade war, according to a former senior US official. Read Here – South China Morning Post Also Read: Trump orders national emergency on information […]
The wide differences and deep distrust between the two powers has been highlighted again with the latest abrupt turn in the bilateral trade negotiations. With or without a trade deal, the turbulence in economic ties, widely viewed as the ballast of China-US relations, heralds more choppy waters ahead. Read Here – South China Morning Post
U.S. President Donald Trump has good reason to be skeptical about China’s willingness to live up to its commitments in any trade deal. Seasoned foreign business executives on the mainland know that any agreement there represents the start of a bargaining process, not the end. Nor is it uncommon for Chinese officials to unpick terms […]
After almost a century in which economic policymaking was the preserve of technocrats and social scientists, scholars from narrative-based disciplines have begun to feature prominently in policy debates. But by using partial knowledge to advance specific policy prescriptions, they have become even more dangerous than economists. Read Here – Project Syndicate
Failure of the China talks would prove no one can do it, because China is fundamentally at odds with the U.S. That shift would set up a new dynamic with China: a relationship in which the hawks feel unbound to do what they deem necessary to protect the United States. Read Here – The Atlantic
Globalization, digital technologies, and other factors have allowed competitive US corporations to achieve market dominance. If the past is any guide, it is only right that these “superstar” firms should now be challenged by grassroots political movements protesting against an unholy alliance of private-sector and government elites. Read Here – Project Syndicate
In the end, all it took was two tweets from Donald Trump. After weeks of warnings from many on Wall Street that price swings across global markets were too subdued, the American president’s threat to boost tariffs on China sent volatility soaring Monday. Read Here – Bloomberg
looking beyond borders 