2019 does not look good for China’s economy, says financial analyst Sara Hsu, as the effects on import and export of the trade war kick in, and China was experiencing a slowdown already before the trade war started. In the US specific industries are hard hit, like automotive, agriculture and tech, she adds.
Category Archives: USA
There are strong political incentives to reach a trade deal between the US and China, but that does certainly not mean that hostilities between both countries are over, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, in an overview of his expectations for 2019.
On March 1 the 90-day truce in the trade war between the US and China expires. Leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, expects a deal is possible, but that certainly does not mean the end of all hostilities, he tells Barron’s.
The American political landscape might be more divided than ever before, political analyst Harry Broadman sees one field where Republicans and Democrats find common ground: restricting foreign investments, especially but not only those from China through the Committee on Foreign Investment in the US (CFIUS), he writes in Gulf News.
The US-China trade war has another casualty: the CES consumer electronics trade show in Las Vegas, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to the South China Morning Post.
China threatened Canada with severe consequences after it arrested Huawei’s CFO Meng Wanzhou on the request of the USA. Business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, spells out what those consequences could be for AFP.
The world, including China, is still trying to make sense out of the Trump/Xi trade talks. The Trump trade team is fighting the wrong battle, argues former U.S. Assistant Trade Representative Harry Broadman for Gulf News. “The Trump trade team continues to fight the wrong battle with China.”
Consumers from China are spending less, and certainly luxury brands in the US will feel the downturn at least in the short run, says luxury consumer expert Ben Cavender to AP. Tighter visa restrictions under President Donald Trump also make it harder for Chinese shoppers to get to the United States.
China owns Asia, after the US under Donald Trump decided to leave the continent, argues super-investor Jim Rogers, author of Street Smarts: Adventures on the Road and in the Markets, at AMTV. The US moved out, and now you see the Chinese everywhere, in Russia, in Iran, just because they have no competition anymore. “You should invest in markets others hate,” he says.