US president Donald Trump’s bilateral approach for solving trade issues would have worked in 1818, not in 2018, writes China veteran Harry Broadman in the Gulf News. The US do have serious trade problems with China, but the US would be better off if Trump would be able to create more alliances.
Category Archives: globalization
The ongoing Boao Forum in Hainan never attracted as much attention as this year, as China’s global aspirations expand, and US president Donald Trump is heading for a trade war, 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.
US president Donald Trump is not necessarily wrong when confronting China on trade, but he has to realize he cannot solve the issue by himself, without allies, writes China veteran Harry Broadman in Forbes. “Mr. Trump’s insistence on handling China in a U.S. ‘go-it-alone’ manner is just plain wrong-headed.”
William Bao Bean, managing director of the Shanghai-based Chinaccelarator, tells about his busy week, trying to help foreign startups to enter China and helping Chinese companies to go global. The main problem of his international operation? “You never have a holiday.”
China veteran Kaiser Kuo looks back at the ups and down in the relationship between China and the US. Engagement is the only way forward, he says. Despite turns in the wrong direction, “not all the gains (of the past) have by any means been erased, he says at SupChina.
The disruption caused by trade tensions is not going to give the US more market share for American companies, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to Bloomberg. And that is not what the US wants: “The USTR is not trying to bargain with Beijing: it is trying to force a deep change in behavior.”
As China prepares for the second term of president Xi Jinping, the world wonders what is behind his acts. Political analyst Victor Shih, author Factions and Finance in China: Elite Conflict and Inflation takes at the Guardian a helicopter view on Xi’s anti-corruption drive, his global aspirations and plans for the future.
The proposal by President Xi Jinping to scrap the two-term limitation for his position as president has generated little opposition, not domestically or internationally. A logical step in moving to more stability, comments author Zhang Lijia “Socialism Is Great!”: A Worker’s Memoir of the New China at the Wikitribune. And nobody wants to tock the China boat.
Chinese insurance and investment conglomerate Fosun International snapped up Brazilian asset manager Guide Investimentos for US$52 million on Tuesday, reversing a trend of disinvestment after the central government came after conglomerates with excessive outbound investments. Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, explains in the South China Morning Post why Brazil is such a popular destination.
The US bans Huawei and solar panels. China ‘investigates’ sorghum. Is a trade war developing between China and the US? Not so fast, says political analyst Kaiser Kuo, and former communication director for Baidu, at Wired. What we see according to him is just business as usual.