Up until recently, the two nations’ economic ties had served as an effective brake on escalating strategic distrust. A China less constrained by and invested in economic ties with the United States could pose a substantially greater challenge to U.S. foreign policy. For all the Trump administration’s frustrations with managing interdependence, the consequences of decoupling […]
US companies in China are bracing for more retaliatory pain from Beijing as the trade row between the two countries shows no sign of abating. Observers said some American firms had reported higher costs and much greater regulatory scrutiny, and feared a major drop-off in business from rising nationalism. The fallout follows a decision by Washington […]
US President Donald Trump says Beijing “is talking to” Washington about their trade dispute, claiming his tariffs strategy is working against China and other trade partners. But Chinese analysts are cautious, saying there could be more tit-for-tat trade measures to come before the two sides get back to the negotiating table. Read Here – South China […]
The “best” outcome of President Donald Trump’s narrow focus on the US trade deficit with China would be improvement in the bilateral balance, matched by an increase of an equal amount in the deficit with some other country (or countries). In fact, significantly reducing the bilateral trade deficit will prove difficult. Read Here – Project […]
Were London a city-state, it would have the 20th-largest national economy in the world – larger than the national economies of Saudi Arabia, Argentina and South Africa. Were London a city-state, its national per capita gross domestic product would be greater than that of the United States. Were London a city-state, it would be the […]
By allowing governments to monitor, understand, and control their citizens far more closely than ever before, AI will offer authoritarian countries a plausible alternative to liberal democracy, the first since the end of the Cold War. That will spark renewed international competition between social systems. Read Here – Foreign Affairs Also Read: Liberal World
The modern economy depends on bilateral trade deficits; it would collapse without them. In an age of advanced technologies and accelerating specialisation, attempting to manufacture everything domestically or bilaterally would be prohibitively costly. Read Here – Project Syndicate
After three rounds of failed talks, a trade war between the world’s two largest economies is on. On Friday, China’s Foreign Ministry spokesman said China had imposed countermeasures after America’s tariffs came into force. Lu Kang, said China’s tit-for-tat measures “had taken effect immediately after the implementation of the US tariffs”. Lu was speaking after Washington’s […]
Increased trade tensions have raised the risk that new measures may be taken that would have a much greater impact on global economic growth than those enacted so far. The US investigation into auto tariffs, possible additional US tariffs on Chinese imports, and the likely reactions of other countries and blocs, point to a potential […]
Thanks to the dollar’s outsize global role, the first casualties of a somewhat irresponsible U.S. fiscal policy are likely to be emerging economies that have used the dollar to denominate their debts, not the United States itself. A stronger dollar and rising U.S. interest rates are increasing the burden of paying all dollar-denominated debts around the world. […]
looking beyond borders 