Between US President Donald Trump’s zero-sum disputes with China and Iran, UK Prime Minister Boris Johnson’s brinkmanship with Parliament and the European Union, and Argentina’s likely return to Peronist populism, the fate of the global economy is balancing on a knife edge. Any of these scenarios could lead to a crisis with rapid spillover effects. […]
The pervasiveness of clothing made in China in U.S. markets is certainly one of the things that comes to mind when talking about the balance of trade between the two nations. But there is a hidden price tag on all the clothing that is made in China. It’s a considerable sum—and growing—that is skewing the […]
Chinese companies appear to be trying to dodge the tariffs imposed by the United States as part of a punishing trade war by redirecting their shipments through Cambodia. China’s exports to Southeast Asian country have been steadily rising since start of trade war. Meanwhile, Cambodia’s exports to US in first three months of 2019 rose […]
To Chinese observers, the US president’s rapid flip-flops on Xi Jinping and the imposition of tariffs are giving off hints of desperation. China has learned its lesson by not dancing to Trump’s tune, and instead can afford to hunker down for a drawn-out negotiating process. Read Here – South China Morning Post
The US and China won’t be the only ones affected in the trade war raging between the two countries. As companies scramble to find ways around the ever-increasing tariffs that the world’s two largest economies impose on each other’s goods, other countries are being drawn into a conflict that might have no winners. Read Here […]
To present and future Chinese leaders, managing economic change while maintaining social stability is much more important than figuring out how to respond to the social media rumblings of a sitting US president. For an economy as much as an individual, too much of a good thing can be detrimental. In the run-up to the […]
Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks from the Sino-American trade and technology war. And trying to undo the damage through never-ending monetary and fiscal stimulus will not be an option. Read Here – […]
The US president promised tariffs on Chinese goods as part of the trade war would help bring jobs back to the United States, but while firms are leaving China, it is the likes of Vietnam, Indonesia, Cambodia, Mexico, and Bangladesh that are benefiting the most. Read Here – South China Morning Post
This year marks the 70th anniversary of the founding of the People’s Republic of China. Beijing is busy preparing for this momentous occasion, carefully planning which weapons to display in the annual military parade, but even these celebrations cannot distract the people from the slew of issues currently facing the nation. Read Here – South China Morning Post
Australia will step up production of rare earths and other militarily sensitive “tech metals”, the country’s defense minister said, as doubts grow over the reliability of Chinese supplies. Linda Reynolds told an audience in Perth that resource-rich Australia had deposits that could safeguard supplies for allies including the United States and Britain. So-called tech minerals […]
looking beyond borders 