Category Archives: USA

China: a hub for money laundering – Sara Hsu

China is becoming a center point for money laundering activities from Latin America, writes the military magazine Dialogo. Financial expert Sara Hsu explains how those links could work out.

Why the 11.11 shopping festival is more than Black Friday – Any Mok

In selling commodities, China’s 11.11 Single’s Day and the American Black Friday have much in common, says business analyst Andy Mok. But China’s shopping festival has developed much deeper than just a selling opportunity for retailers, he argues at the CGTN.

No fast end to the trade war – Arthur Kroeber

The upcoming Trump-Xi meeting in Argentina generates some hope, but economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, does not expect a fast end to the…

Why Americans do not want to hear China is ahead in technology – Kaiser Kuo

Americans find it hard to get China is ahead of them in terms of technology and innovation. Chinese American Kaiser Kuo sits down with Steve Sjuggerund of the Daily Wealth to discuss his observations after he spent two decades in China, partly as communication director for internet giant Baidu.

The US-China trade war: in for the long haul – Arthur Kroeber

The trade war between the US and China might only be starting, the fight is going to be one for the long haul, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, according to Dow Jones. “The U.S. and China are in for a long and acrimonious confrontation,” he says.

This trade war is insane – Jim Rogers

China is not going to bend over for Donald Trump, they have nobody to answer to but themselves, says Asia investor Jim Rogers. “This trade war is insane to start with,” he adds.

NAFTA’s 2.0 China poison pill will not work – Harry Broadman

Former NAFTA negotiator Harry Broadman predicts in Forbes the new trade agreement between the US, Canada and Mexico might not work in the way president Donald Trump wants it to.

Foreign companies not ready to leave China – Arthur Kroeber

One of the purposes of Trump’s trade war is convincing US companies to leave China. But they are not yet ready to move, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, in the Channel News Asia. And when they move, they might before countries like Vietnam over the US, he adds.

Trade war will lead to higher consumer prices – Victor Shih

Tariffs in the ongoing trade war are taxes, so it is unavoidable consumer prices will go up, says financial analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, at The Point. Some increases might be taken by the distributors, and consumers are not yet worried because the US economy is now doing very well, Shih says. But that could change in the months to come when the effects of the trade war kick in.

Currency devaluation: a tricky way to fight the trade war – Victor Shih

Devaluating the Chinese Yuan can be an attractive, but also dangerous way for China to deal with the effect of the ongoing trade war, says financial and political analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation to Reuters. ” It is likely that corruption is returning, which will undermine Chinese capital control measures.”