The Trump team has started trade talks in Beijing, but it is very unlikely they will get anywhere, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, in CBS. The internal divisions in the US team are only a part of the problems to gain ground, he says.
Rebuilding war-torn Syria might cost around US$250 billion and China raised its hand to participate. Financial analyst Sara Hsu figures out what it behind that offer, while the rest of the world tries to steer clear from Syria, for Triple Crisis. China sees some clear interests, she writes.
The Trump team trying to negotiate the next phase of a trade war has arrived in Beijing. But Donald Trump is trying to win a trade war the US lost already decades ago, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to Marketplace.
Chinese brands like Alibaba, WeChat and JD.com still face the perception they deliver inferior products when going global, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order. They mainly focus on Chinese consumers who know better, but the barrier exists for global expansion, he tells the South China Morning Post.
WeChat, Tencent’s mobile platform, is now reaching 900 million users in China, and in four year time it has become an indispensable tool for anybody living in the country, says WeChat expert Matthew Brennan at InTheBlack. “WeChat is not a social media. Think of it as an operating system for your life in China’,” says Brennan.
China as a country is much stronger than Japan was when it got into a trade war with the US in the 1980s, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®. Unlike Japan, China will not give in to any demands from the US, especially when those demands are hard to guess, he tells the Hellenic Shipping News.
ZTE got itself into trouble by violating a ban on using American components for products it exported to Iran and North-Korea. The punishment – no US components for ZTE for seven years – might kill the Chinese company, who cannot work without them. What did the auditors do, wonders Beida auditing professor Paul Gillis on his weblog.
China’s economy went uphill dramatically over the past decades, but women profited less than men, writes author Zhang Lijia of Lotus: A Novel, on prostitution in China. It is time the government starts to enforce its own laws and regulations on gender discrimination, she tells in the South China Morning Post.
The US is moving from a trade war on commodities towards tech firms like ZTE and Huawei, trying to get a foothold with for example 5G into the US, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the Nikkei Asian Review. “I think there probably is a desire to try and do what can be done to retard the progress of the Chinese firms in that.”
The trade war, triggered off by US president Donald Trump, is about much more than trading commodities. The real struggle is about technical leadership between China and the US, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to the Los Angeles Times.