Category Archives: economy

Unofficially, China is in a recession – Sara Hsu

Chinese media got orders to avoid bad news on the economy, but according to financial analyst Sara Hsu, signs indicate that China is unofficially in a recession. Spending has gone down despite encouragement from the government to spend more.

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…

Dropping growth of ultra rich families in China – Rupert Hoogewerf

The number of wealthy families on Greater China has grown in 2017, but growth is dropping and might even be lower in 2018 caused by the trade war and declining economic growth, says Rupert Hoogewerf, chairman of the Hurun China Rich List according to Barrons in a new report released this week.

Mr. Trump cannot outsmart history – Jim Rogers

In the trade war between China and the US, president Trump tries to outsmart history, says investor Jim Rogers, author of A Gift to My Children: A Father’s Lessons for…

Renminbi: not yet close to US dollar as world currency – Wang Haiyan

China’s Renminbi is not coming close to the US dollar as the world’s reserve currency, says business analyst Wang Haiyan to Money Talks. Even though more trade is done in the Chinese currency, the US dollar is still dominant. China cannot expect export to save its economy but relies on domestic consumption. But that transition is not going overnight, Wang adds.

Why I sold my US stocks for Chinese equity – Jim Rogers

Renowned investor Jim Rogers sold his US stocks and changed them for Chinese equities, he told at Yicai Global. For him, the Belt and Road initiative fits into his optimistic view on China’ economy, he adds.

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.