While the stiff inflation rate was one of the key reasons US voters preferred Trump over Harris, Trump’s announced China tariffs would increase the costs for US consumers, warns Harry Broadman, former U.S. assistant trade representative in the George H. W. Bush administration in Dow Jones.Read More →
According to Shanghai-based analyst Shaun Rein, most Chinese prefer Trump over Harris because they expect Trump to be more transactional, while they feared Harrid would lead a more ideological struggle, he tells CNBC.Read More →
Now the USA has elected Donald Trump as its next president, traders in China are bracing for another backlash, reports trade expert Ashley Dudarenok on its LinkedIn page. “Trump’s proposed 60% tariffs on Chinese imports + 10-20% on other global goods would set US tariff levels at their highest since the 1940s,” she writes.Read More →
The USA is dealing with huge problems and cannot afford to challenge China directly, but decided to stabilize the relations between both countries, says Shanghai-based business analyst Shaun Rein to CNBC-TV18. But the USA is for sure keeping economic pressure going, he adds.Read More →
Business analyst Shaun Rein dives deeper into the China economy as consumer confidence in first-tier cities is lower than he has seen in 27 years and the government’s economic targets focus on the next 3-5 years, he tells CNBC. The government is unwilling and unable to rely on stiff financial bazookas as it did in the previous crisis of 2008. Economic growth of 5 percent is enough for the government now, as it wants to diminish the gap between haves and have-nots, he adds.Read More →
Tense relations between China and the US, a pandemic, and limited access to the country are firmly limiting a new generation of China hands to explore a career in the second economy of the world, says China professor Victor Shih in the South China Morning Post. “China was [once] seen as a kind of land of opportunity for young foreigners. That is no longer the case,” said Shih, Read More →
U.S. Secretary of State Antony Blinken gave last week his grand speech on the US-China strategy. It was not only one year delayed, but also offered no new policies, says CFR scholar Ian Johnson in a first analysis at the website of the Council on Foreign Relations.Read More →
China’s tech firms have faced US listing limitations on both US and China regulations. China lawyer Mark Schaub look at the new issues tech firm face on data, privacy, VIE’s, and other regulations for listing in the US at the vlog of his law firm KWM.Read More →
Even if China does all right when all its customers have a problem, it still has a problem and has a tough 2022 ahead, says super investor Jim Rogers in an analysis of Xi Jinping’s speech at the World Economic Forum, for state broadcaster CGTN. Read More →
China watcher Kaiser Kuo describes at the Varn Vlog how US-China relations went downhill since the 2008 financial crisis, and how that did not improve after President Joe Biden took over from Donald Trump. Also: how the Red Deal in China is changing domestic relations in China.Read More →
Internet expert Matthew Brennan, author of Attention Factory: The Story of Tiktok and China’s Bytedance discusses the role of Tiktok in generating the attention economy, at the launch of his book in India, with Abhijit Bhaduri. Read More →
China and the US have continued their warrior diplomacy, also after US president Joe Biden took over from Donald Trump. CFR-scholar Ian Johnson sees both upsides and downsides in the fierce language both countries use to define their relationship, he tells at ShanghaiEyes.Read More →