If some US politicians hope the trade war between China and the US might undermine Xi Jinping’s domestic power base, they are on the wrong track, says political analyst Victor Shih at US-China Economic and Security Review Commission hearings at the US Congress, according to the South China Morning Post.
Category Archives: government
It’s the economy, stupid, says China commentator Kaiser Kuo in his masterclass for Quora. Journalist and blogger Cory Doctorow reviews his masterclass ” on contemporary Chinese politics, authoritarianism, liberalism and dissidence” for BoingBoing.
In a remarkable move Twitter and Facebook removed this week China-based accounts spreading fake news on Hong Kong. Political analyst Victor Shih looks in Politico at the effect of this new policy against Russian-style fake news.
Sexual child abuse, especially those left behind by their migrant parents, needs more attention, writes author Zhang Lijia, who wrote a bestseller on prostitution in China in the South China Morning. She applauds actions taken by the Supreme People’s Court of China but sees it only as a start.
The trade war damages both US and China’s economy, and global trade. Financial and political analyst Victor Shih, Ho Miu Lam Chair associate professor of political economy at UC San Diego and author of the forthcoming “Economic Shocks and Authoritarian Stability,” gives an overview of the damage in the Los Angeles Times.
China is not manipulating its currency, says trader Jim Roger. When your currency gets hit by massive tariffs it is basic economics your currency goes down, he says to RT….
China has been saving much capital in US bonds and could use those resources to finance its debt and policies in the past. But what happens if China runs out of US dollars, asks political analyst Victor Shih in the New York Times.
Transparency is not a natural thing for China, not domestically nor internationally. But African states can ask China for more transparency, argues journalist Howard French, author China’s Second Continent: How a Million Migrants are Building a New Empire in Africa, to Inkstone.
The Chinese government has tried to promote local CPA’s on the expense of the Big Four, but – says Beida accounting professor Paul Gillis – the 2018 top-10 CPA ranking shows the Big Four are back winning market shares, with PwC, Deloitte and E&Y in the top three, he writes at his Chinaaccountingblog.
New tariffs are not the main worry, as new shots are fired in the trade war between China and the US, says economist Arthur Kroeber according to Barron’s. Next is the upcoming disengagement between both economies and the question of what domains will be involved.