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.
Category Archives: USA
The focus has been on the Chinese government after US president Donald Trump announced new tariffs. But that might be wrong, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know to CNN. What Trump wants is not getting China into negotiations, but forcing US companies to come back to the US.
Not only commodities like soybeans and caviar can be hit by tariffs in the ongoing trade war, China has many more potential targets, like the US casino’s in Macau, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, at Onlinepoker.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.
The political debate in the US has become rough, and some fear a return of McCarthyism from the 1950s when everybody linked to Russia feared prosecution. Now China too has come into the equation, and political methods move into the same direction, says China analyst Kaiser Kuo to the US World&News Report.
US president Trump closed a trade deal with Mexico, a minor victory, but putting more pressure on the trade negotiations with China, says business analyst Wang Haiyan at CGTN. For the time being, Trump can afford to play tough on China, she says.
When Alibaba emerged, it first had to face formidable competition from the US. Business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order explains in the South China Morning Post how the nimble operation from Hangzhou was able to beat EachNet and eBay.
Following the investigation into Russia meddling into US elections, California Congressman Jeff Denham has also accused China of the same. While there have been some minor spying incidents, political analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, does not see a similar effort for interference from China, he tells Politifact.
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.