News

No one is coming to save the global economy this time

During the financial crisis, two countries kept the global economy from cratering even further than it did – China and India. Unfortunately this time around – in the economic crisis caused by the corornavirus pandemic – no country is coming to save us. India has been on lockdown for months, […]
No one is coming to save the global economy this time
News

While you weren’t looking, the trade war with China went off the rails

America’s trade war with China has lost its way. Instead of pushing for structural change in China’s managed economy, the Trump administration is negotiating to get US-China trade where it was before the tit-for-tat tariffs started. This story is starting to sound like a loop, and it’s unclear how the […]
While you weren’t looking, the trade war with China went off the rails
News

Wall Street keeps embarrassing itself every time Trump talks about China

Every time President Donald Trump says he has a trade deal with China the stock market rallies. And then it turns out the deal is vapour. Meanwhile, US-China relations continue to deteriorate in the background, making anyone bullish on a deal look even more absurd. Stop it, Wall Street – […]
Wall Street keeps embarrassing itself every time Trump talks about China
News

Trump and Elizabeth Warren have the same very bad idea about the dollar

Both President Trump and presidential hopeful Senator Elizabeth Warren have floated the idea of weakening the dollar to help sell US exports. This is a very stupid, dangerous idea. Weakening the dollar would scare the world away from US assets, hurt already weakening confidence in the US government, and potentially […]
Trump and Elizabeth Warren have the same very bad idea about the dollar
Tech

China’s state mouthpiece just put Tesla on notice

Tesla recently said in a Weibo post from its official account that it would provide 0% financing and a licence-plate rental service for customers in Beijing. Renting out licence plates in the region is “technically illegal,” Tu Le, the founder of Sino Auto Insights, a Beijing-based consultancy, told Business Insider. […]
China’s state mouthpiece just put Tesla on notice
News

Trump’s Huawei ban escalates the US-China trade war into a tech Cold War

By giving Huawei Technologies the so-called death penalty, President Donald Trump’s administration has shown it does not trust the Chinese government to act in good faith. Consider this a major impediment to any kind of trade deal. The US is no longer just trying to block China’s companies from US […]
Trump’s Huawei ban escalates the US-China trade war into a tech Cold War
News

China made 3 demands to end the trade war; only one of them is legit

One sticking point of China’s in the trade war is the amount of US goods the Trump administration wants China to buy. This is a demand that actually makes sense. In most cases, the US couldn’t even satisfy Chinese demand for goods without messing up supply chains or changing production. […]
China made 3 demands to end the trade war; only one of them is legit