Jack Ma: US-China trade war will kill jobs, opportunities, and hope

by Jack Ma/ April 11, 2018/ SCMP

As a businessman, I have been encouraged by the US administration’s pro-business policies, like lowering corporate taxes. Now, like many in the business community, I am struggling to understand why a trade war with China would be good for the US economy. Continue reading “Jack Ma: US-China trade war will kill jobs, opportunities and hope”

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Trade war is not a zero-sum game, but a lose-lose for the US and China

by Aidan Yao/ 28 March 2018/ South China Morning Post

With three rounds of tariffs in less than three months, US President Donald Trump has significantly upped his game on trade protectionism, casting doubts over the outlook for Sino-US economic relations. Continue reading “Trade war is not a zero-sum game, but a lose-lose for the US and China”

Is it a risk for America that China holds over $1 trillion in U.S. debt?

by China Power

Many worry that China’s ownership of American debt affords the Chinese economic leverage over the United States. This apprehension, however, stems from a misunderstanding of sovereign debt and of how states derive power from their economic relations. The purchasing of sovereign debt by foreign countries is a normal transaction that helps maintain openness in the global economy. Consequently, China’s stake in America’s debt has more of a binding than dividing effect on bilateral relations between the two countries. Continue reading “Is it a risk for America that China holds over $1 trillion in U.S. debt?”

By  Daniel Moss / 

In China, don’t forget the ones that got away.

This month’s session of the National People’s Congress, the legislature that typically rubber stamps the Communist Party’s wishes, made plenty of headlines on personnel and policies. Also telling is what didn’t happen and who didn’t get what job. Continue reading “What China Revealed in Its National Congress”

Trump to Ramp Up Trade Restraints on China

WASHINGTON—The White House is preparing to crack down on what it says are improper Chinese trade practices by making it significantly more difficult for Chinese firms to acquire advanced U.S. technology or invest in American companies, individuals involved in the planning said. Continue reading “Trump to Ramp Up Trade Restraints on China”

From imitation to innovation: How China became a tech superpower

 

In late October 2017, when I went to visit Kai-Fu Lee, China’s premiere artificial intelligence (AI)-focused venture capitalist, I entered his office complex from the back side of the building. Mistakenly, I took a wrong elevator and, as if tripping through a wormhole, briefly found myself in the Beijing of the past century. Continue reading “From imitation to innovation: How China became a tech superpower”

China’s tourist numbers to rise this year after record 4.5b trips for 2017, says China think tank

by Jane Li / 25 January 2018/ SCMP

Mainland Chinese tourists made a record 4.53 billion domestic and overseas trips last year, the number equivalent to three times China’s population of 1.38 billion, to top the world list in tourism volume, according to one of China’s top think tanks. Continue reading “China’s tourist numbers to rise this year after record 4.5b trips for 2017, says China think tank”

China and global economic risks

Author: Editorial Board, East Asia Forum

On the surface of it, the global economic recovery looks stronger day by day. The International Monetary Fund has upped its forecasts and the underlying real growth trend in major industrialised country markets seems at last to validate the continuing exuberance of stock markets around the world. Continue reading “China and global economic risks”