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 […]
After fighting a trade war with the United States for more than a year, Chinese officials have long realised that the best precaution against Donald Trump’s presidency of wilful unpredictability is to liken it to a natural disaster. While it is hard to predict when or how a disaster strikes, one should think of all possible ways to prepare […]
Economic analysis suggests that bilateral trade wars are unwinnable in an interconnected world. By firing his latest tariff salvo against China, US President Donald Trump has further raised the stakes in an increasingly damaging dispute – and America is likely to emerge as the bigger loser. Read Here – Project Syndicate
Time and again, the long view in China has stood in sharp contrast to America’s short-term approach. Sun Tzu put it best in his ancient treatise, The Art of War: “If you know the enemy and know yourself, you need not fear the results of a hundred battles.” Read Here – Project Syndicate
The US-dominated G1 world is long gone, and the G2 system in which America and China shared hegemonic responsibilities is now fading into memory. In today’s G-minus-2 world, US and Chinese policies threaten to have devastating consequences for the global economy. Read Here – Project Syndicate
Will the Modi government, grappling with a slowing Indian economy and keen to attract investment to revive it, take what some have called the Trump administration’s “bait” on trade and investment in return for opening up the huge Indian market to American goods? Read Here – World Political Review
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