Archive for February 2019

Despite himself Trump admits the superiority of China’s socialist economy to capitalism

Major events, such as the Trump administration launching tariff aggression against China, inevitably ruthlessly cut away hollow rhetoric and allow the objective facts of a situation to be seen – including revealing how the different forces in a situation really judge it. A particularly striking example of this principle, with deep implications not only for…

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China is now the main pillar of globalisation

The following article, showing the way China has become the main strategic pillar of globalisation, was written to analyse Xi Jinping’s visit to the World Economic Forum in Davos. However the article has not dated as the analysis has been vindicated by events following this. Anti-globalisation and protectionist tendencies were already developing in US policy before Trump’s…

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The US is learning a trade war is truly ‘lose-lose’

The new round of high-level economic and trade consultations between China and the United States started in Beijing on 21 February morning against a background whereby the world, and the U.S., now has a more accurate understanding of the consequences of a “trade war”. When President Donald Trump initially launched tariffs against China, two perspectives were put…

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US share markets fell… so Trump picked up the phone to China!

‘Mr. Trump has looked to calm markets, which have gyrated in recent days’ – that was the comment of the Wall Street Journal on the phone call between President’s Xi Jinping and Donald Trump on 29 December. The markets the Wall Street Journal was referring to in particular were US share markets. On 28 December,…

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