The trade deficit between China and the US is a little bit more complex than simply comparing import and expert, says financial expert Sara Hsu to the CGTN. It starts with American companies making a profit by manufacturing in China and then exporting it to the US. And then goes on. Reducing the trade deficit might not be straightforward.
Category Archives: Beijing
Nationalism has been a double-edged sword in China’s domestic policy, where the leadership mostly tried to control this natural sentiment among its citizens. But Xi Jinping is clearly taking a different direction when it comes to his foreign policy, tells economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to the South China Morning Post.
Rumors say China is willing to offer a reduction of its annual trade deficit with the US by US$200 billion. Even if China would be willing to do so, it would almost be “difficult to contemplate.”, says political analyst Victor Shih to Bloomberg.
The Trump team has started trade talks in Beijing, but it is very unlikely they will get anywhere, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, in CBS. The internal divisions in the US team are only a part of the problems to gain ground, he says.
The Trump team trying to negotiate the next phase of a trade war has arrived in Beijing. But Donald Trump is trying to win a trade war the US lost already decades ago, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to Marketplace.
China has greatly improved its unemployment statistics, compared to the past, but they still do not give the real picture, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, to the South China Morning Post. State intervention would still be a factor, he said.
China’s is sending carefully calibrated messages to the US, as US president Donald Trump is moving to a trade war, tells economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, to the South China Morning Post.
The current trade frictions between China and the US are here to stay for the time being, says renowned economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®. Neither of the two countries will or even can afford to give in to the other, he tells the South China Morning Post.
US president Donald Trump has been going aggressively after China as a trade partner. But is it working? Political analyst Sara Hsu does not think so, she explains in Forbes.”From the Boston tea party to the Smoot Hawley tariffs imposed during the Great Depression, protectionist measures have always imposed far higher costs than benefits.”