Eyes were on Sofia, Bulgaria, last week, as China’s prime minister Li Keqiang tries to improve relations with Eastern Europe. Economist Sara Hsu puts Li’s efforts into perspective as both trade and investments between China and Eastern Europe have been stagnant, compared to other countries in the One-Belt, One-Road initiative, she tells at CGTN. Also: the contagious relations with the EU.
Category Archives: politics
First shots have been fired on tariffs in the trade war between the US and China, but the impact has been limited up to now, tells economist Wang Haiyan to CGTN, as the affected numbers are still relatively small. Escalating the effects can be avoided, but to need a compromise by the end of the summer, she says.
China has many tools to retaliate in the trade war against the US than only putting tariffs on commodities. The lucrative US casinos might a one, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, in Forbes.
Journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, interviewed the sociologist Guo Yuhua, a known critic of the government. One jewel in the interview on how she was able to open an account on WeChat, despite the governmental censorship, for the NY Review of Books.
The US administration, followed by retaliation from Beijing, is heading for a full-scale trade war. Financial analyst Sara Hsu explains why threatening China is only going to make the fallout worse, not better, as the White House seems to be clueless about how China will react.
More than once selling US bonds in the hands of China has been suggested as a powerful tool in the trade war with the US. But selling those treasuries does not make sense, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the South China Morning Post.
China’s accession into the World Trade Organization (WTO) was hailed as an important step of the now second-largest economy into the global trade community. But those illusions are over, says trade expert Harry Broadman to Gulfnews. “China has forfeited its right to be treated as a WTO market economy.”
China has not only been leading the way to develop self-driving cars, it has also been are the forefront of legal changes needed to allow those cars into society. The Shanghai-based lawyer Mark Schaub gives an overview of the new regulations the government has been introducing at the China Law Insight.
International airlines, ignoring Taiwan is part of China, according to China, were the latest to get into hot water with their marketing. But China’s sensitivities are nothing new, say Tom Doctoroff and Shaun Rein to OZY. It makes sense to let your China marketing vet by some China veterans, says both.