The trade war between the US and China has up to now mainly hit headlines, nervous traders and heated political debates, but there is no doubt consumers will feel the burnt too, says financial analyst Sara Hsu to Reuters. Moving away from China is mostly not an option, she says. “It can take up to five years to move from China to another country.”
Category Archives: Beijing
China’s central government and the Vatican closed a deal on appointments of Catholic bishops in China, causing debate among the already divided Catholics in the country, writes journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao at the New York Times. The way the Communist-ruled state church might integrate with the Roman Catholic church might not please all Catholics, he writes.
China is running out of steam in putting tariffs in US imports, but certainly not running out of options to fight the ongoing trade war, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know, to the South China Morning Post.
China’s financial authorities try to manage shadow banking, corporate leveraging and now also a heated trade war. Financial analyst Sara Hsu explains how the country’s banks are walking a scary tightrope, at the EastAsiaForum.
The Venerable Xuecheng did become the symbol for supercharged Buddhism in China. Journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, looks for the New York Times at how China’s #MeToo movement brought down this confusing factor in the rising Buddhism.
Religion in China is on the rise, shows journalist Ian Johnson in his book The Souls of China: The Return of Religion After Mao. China’s outbound investments in the One Road, One Belt (OBOR) or Belt and Road Initiative (BRI) program illustrate that change in China’s approach to religion, he says to Indepthnews.net
Media are looking for winners and losers in the trade war between China and the US, and while damage can be inflicted in the short run, China is going to outlast an economic war with the US, says renowned economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know to Money Week.
If the current plans for impose 25% US tariffs on Chinese import are really executed, they will cause damage to China’s economy, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know, says at CNBC. But it is unlikely the trade war will derail the long-term reform plans, he adds.
The People’s Daily has hit out to Apple for making its capital on the expense of China, but all iconic American brands fear to be hit by the ongoing trade war between China and the US, says business analyst Andy Mok at CGTN.
US media tend to frame their stories by dividing the world into winners and losers. In the US-China trade war they have declared the US the winner, for all the wrong reasons, writes political analyst Harry Broadman in Forbes. In this case, the media framing is creating a dangerous and wrong myth, he writes.