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 →
Pinduoduo (PDD) suffered an unprecedented 30% decline in its share value at the start of this week, but business analyst Shaun Rein sees here an opportunity for investors. Buy PDD, he tells them on CNBC. The company has hit a wall through China’s consumer decline in trust, but he sees enough possibilities to grow overseas, especially with Temu, he adds.Read More →
China’s economic situation has deteriorated over the past two months, says business analyst Shaun Rein in a discussion on CNBC. The hope for a financial bazooka to boost the economy by the government has not materialized and is unlikely to do so. The government seems fine with the current 4/5% growth and also lacks the money to spend as tax income has remained poor, while geopolitical challenges forces the Chinese government to be prudent too.Read More →
Political analyst Victor Shih breaks down the relations between China, the US, and the rest of the world in a discussion from the Chevron Auditorium in the I-House on “China-US Futures: Pathways to Peaceful Coexistence”. Key takeaways: many problems perceived by American politicians with China are not as bad as they try to let us believe.Read More →
While the expectations for next week’s meeting between the presidents Biden and Xi are not high, there are four points to watch, writes China analyst Ian Johnson at the website of the Council on Foreign Relations. Those are Taiwan, fentanyl, the Israel-Hamas war, and Climate actions.Read More →
US restrictions on purchasing chips from China are hurting US semiconductor firms, says political analyst Victor Shih in an interview with the state news agency Xinhua. Not every chip sold by U.S. companies is cutting edge or has national security relevance. In those cases, the U.S. government should show some flexibility,” said ShihRead More →
The US has 100 military bases outside its country in the world, while China is changing geopolitics by building railroads and highways, says renowned investor Jim Rogers in an interview with state-owned CGTN.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 →
Business guru Shaun Rein challenges Australia’s recent wave of Sinophobia by its politicians, and not questioned by its prime-minister Scott Morrison, while Australia and China are natural allies, says Rein.Read More →
The sanctions put on Russia because of the Ukraine crisis by the US and its allies might move Russian trade to China, says Harry Broadman, a former US trade negotiator, and World Bank official, to Reuters.Read More →