Posts Tagged ‘featured’
Trade war – bad polls & bad economic numbers pressure Trump
US share markets rose sharply on news of the announcement that Presidents Xi and Trump would meet at the G20 summit – as the Financial Times simply summarised it ‘Trump plan to meet Xi on trade sends US equities sharply higher’. This was a welcome piece of goods news for President Trump after a period…
Read MoreChina prepares for economic ‘prolonged war’ with Trump
‘At least two other organizations have more power over [US financial] markets than the White House. They are the US Federal Reserve and the Chinese Communist Party. Trump does not directly control either of them.’ This brutal analysis is particularly significant as it is by one of the most senior and accurate Western specialists on…
Read MoreUS attempts to block Europe benefiting from China’s ‘Belt & Road Initiative’
This is an important year for Europe as economic slowdown is likely – the IMF projects EU growth will fall from 2.1% in 2018 to 1.6% in 2019. Regarding major external influences which can improve or worsen this situation, the US will also slow, the IMF projecting a decline in growth from 2.9% to 2.3%…
Read MoreChina’s plans for Green Growth
‘People centred development’, including special emphasis on ‘green growth,’ was a central theme of this year’s annual China’s National People’s Congress (NPC) – its legislative body. The focus of the NPC, together with the Chinese People’s Political Consultative Conference (CPPCC) which is held simultaneously, is always primarily domestic. However, China’s domestic agenda necessarily impacts on…
Read MoreDespite 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…
Read MoreThe 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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