In November 1999, the United States and China signed a trade pact that paved the way to China’s entry into the World Trade Organization. To secure U.S. support for its WTO accession, China agreed to open its markets and cut tariffs an average of 23 percent. Some twenty years later today, the United States and […]
While it is tempting to frame this trade conflict in the context of America becoming tiresome of the treatment of its businesses, this does not capture the true nature of the dispute or its entrenchment and longevity. This is a “restarting of history”—a return of economic and governance ideologies battling for supremacy. Read Here – […]
President Donald Trump took office promising to make great deals with trading partners, foreign rivals and Democrats. After more than two years in office, his tactics have left him at intractable loggerheads with all three. Read Here – BloombergView
Chinese President Xi Jinping has called for the nation to embark on a new Long March and “start all over again”, in the most dramatic sign to date that Beijing has given up hope of reaching a trade deal with the United States in the near term. Xi is in Jiangxi province for his first […]
Some Chinese diplomats have responded to US moves to blacklist Huawei with accusations the decision was “politically motivated”, others have threatened retaliation, and at least one has posted goofy memes on social media in defence of the tech giant. Read Here – South China Morning Post
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 […]
It makes sense that a continent home to 54 countries and 1.2 billion people would also house a mass of contradictory developments. Africa features several of the world’s fastest-growing economies and a burgeoning middle class. But much of the continent remains mired in debt, ravaged by conflict, disease or terrorism, and plagued by elites […]
looking beyond borders 