First shots have been fired on tariffs in the trade war between the US and China, but the impact has been limited up to now, tells economist Wang Haiyan to CGTN, as the affected numbers are still relatively small. Escalating the effects can be avoided, but to need a compromise by the end of the summer, she says.
Category Archives: USA
Making sense out of US president Donald Trump’s economic policies has become impossible, even for the most seasoned observers, like Harry Broadman. For Forbes he tries to make sense out of the damage Trump has caused up to now, and the decades it will cost to repair that damage.
Two decades ago Jim Rogers moved to Singapore as he emerges as a major bull on Asia. Since then he stuck to his guns as a successful investor, made sure his daughters were fluent in Mandarin and became a leading voice on investments in China, Asia and elsewhere. Now he is predicting a bear market, the worst we have ever seen. Most recently he published Street Smarts: Adventures on the Road and in the Markets.
The US administration, followed by retaliation from Beijing, is heading for a full-scale trade war. Financial analyst Sara Hsu explains why threatening China is only going to make the fallout worse, not better, as the White House seems to be clueless about how China will react.
In a Washington mall, the Chu Silk manuscript – China’s equivalent of the Dead Sea Scrolls can be found. Journalist Ian Johnson describes how those precious relicts disappeared from China and ended up in the US, a journey now meticulously describes by the Chinese scholar, Prof. Li Ling of the Peking University for the New York Times.
More than once selling US bonds in the hands of China has been suggested as a powerful tool in the trade war with the US. But selling those treasuries does not make sense, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the South China Morning Post.
Political analyst Wang Haiyan discusses the critical relationship of trade between China and the US, after US president Donald Trump imposed new tariffs in a surprise move in the ongoing trade war between the first and second world economy.
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.