The world had one year to get used to Donald Trump’s approach to trade deals: bilateral trade deals rather than plurilateral regional trade deals. Former World Bank official Harry Broadman explains for Forbes why Trump’s approach for international deals is going to fail.
Category Archives: Donald Trump
Is China going to replace the US as the global superpower in the near future? No, says China watcher Kaiser Kuo in SupChina. “Even if China and the U.S. continue to grow at roughly their current rates, China’s per capita GDP won’t have overtaken that of the U.S.”
Shaun Rein’s long-awaited new book The War for China’s Wallet: Profiting from the New World Order is now available at Amazon and possible a bookstore near you. “This book covers more geopolitics than my previous two books and looks at how China is cementing its power through economic carrots/ initiatives like One Belt One Road and by punishing countries like Norway and companies like Lotte that do not follow its wants politically. The book looks at how China is dealing with Southeast Asia, the Korean Peninsula, the Middle East, and how the US needs to respond,” he writes at the publisher’s website.
The efforts by the Public Company Accounting Oversight Board (PCAOB) to get access to Chinese data from US-listed Chinese firms went into a new phase as it banned a Hong Kong accounting firm, reports Beida accounting professor Paul Gillis on his weblog. It could be a new item on Trump’s China agenda, he suggests.
Pressure is up on US president Trump to act against China in trade issues. Trump has been avoiding harsh action up to now, and political analyst Victor Shih warns that with a major political conference ahead, moderation will not be high on the country’s agenda, he tells Bloomberg.
US president Trump seems to have been on a warpath with China. Political analyst Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® expects no real action, but – like mostly – symbolic action against his Mar-a-Lago friend Xi Jinping, he tells in the Chicago Tribune.
President Trump’s rather simplistic views on foreign affairs have waken up many observers. Trump’s approach to push China on North-Korea might be just an example where easy solutions do not work, tells political analyst Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® at the South China Morning Post.
Journalist Howard French’s book Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power is reviewed by the Globe&Mail. Key argument: French counters the Chinese narrative of a benevolent force, unlike the greedy Western colonizators. And on Trump: “When two emperors appear simultaneously, one must be destroyed.”
Trump properties might have gotten some extra glamour after their name-giver became president of the United States. But China’s rich have historically shown very little interest in the Trump assets, says Rupert Hoogewerf, chief researcher of the Hurun China Rich List, and it is unlikely going to change, he tells the New York Post.