by Summary:
In handicapping the US-China conflict, Keynesian demand management is a better guide than comparative advantage. In principle, China can avoid any damage at all from US tariffs simply by responding with a full-scale Keynesian stimulus.... Trump’s surprisingly successful rhetorical technique of “shout loudly and carry a white flag” helps to explain the consistent inconsistency of his foreign policy. The US-China trade war is likely to provide the next example. Project SyndicateWhy the US Would Lose A Trade War with China Anatole Kaletsky | Chief Economist and Co-Chairman of Gavekal Dragonomics and a former columnist at the Times of London, the International New York Timesand the Financial TimesSee also The sanctions for billion, which have already been imposed, the new package for
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Mike Norman considers the following as important: Chinese economy, trade war, US economy
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In handicapping the US-China conflict, Keynesian demand management is a better guide than comparative advantage. In principle, China can avoid any damage at all from US tariffs simply by responding with a full-scale Keynesian stimulus.... Trump’s surprisingly successful rhetorical technique of “shout loudly and carry a white flag” helps to explain the consistent inconsistency of his foreign policy. The US-China trade war is likely to provide the next example. Project SyndicateWhy the US Would Lose A Trade War with China Anatole Kaletsky | Chief Economist and Co-Chairman of Gavekal Dragonomics and a former columnist at the Times of London, the International New York Timesand the Financial TimesSee also The sanctions for billion, which have already been imposed, the new package for
Topics:
Mike Norman considers the following as important: Chinese economy, trade war, US economy
This could be interesting, too:
Stavros Mavroudeas writes S.Mavroudeas’ interview in News of PRESS TV (11-7-2020) on the trade war
Mike Norman writes In the Face of Lockdown, China’s E-Commerce Giants Deliver — Chengyi Lin
Mike Norman writes TASS — China’s Hainan offers more than 30,000 jobs to foreign specialists
Mike Norman writes Sputnik — China’s GDP Growth to Decline to 2.3% in Baseline Scenario in 2020 – World Bank
In handicapping the US-China conflict, Keynesian demand management is a better guide than comparative advantage. In principle, China can avoid any damage at all from US tariffs simply by responding with a full-scale Keynesian stimulus....
Trump’s surprisingly successful rhetorical technique of “shout loudly and carry a white flag” helps to explain the consistent inconsistency of his foreign policy. The US-China trade war is likely to provide the next example.Project Syndicate
Why the US Would Lose A Trade War with China
Anatole Kaletsky | Chief Economist and Co-Chairman of Gavekal Dragonomics and a former columnist at the Times of London, the International New York Timesand the Financial Times
Trade War Is Only Part of the US Deterrence Strategy
Sheng Shiliang | Senior Research Fellow, Global Challenges Studies, Xinhua News Agency; Researcher and Director of Russian Internal Affairs Office, Euro-Asia Social Development Research Institute; and Executive Member of Center of Shanghai Cooperation Organization Studies
‘Trump won’t back down’: US president plans to make trade war unbearable for China and bigger than ever, Steve Bannon says
Sasha Gong
See also
The sanctions for $50 billion, which have already been imposed, the new package for $200 billion on September 24, and even the prospect of imposing prohibitive duties on all Chinese exports are clearly not the full scenario of the anti-China strategy.
It is a multilateral, hybrid war, where trade and economic measures are only part of the arsenal. There are already attempts to influence China’s domestic policy, to weaken the position of the Communist Party.
However, our American partner must be confident that no country should expect China to trade its key interests, no one can have the slightest hope that we will taste bitter fruits of infringement of sovereignty, security and interests of the state.
As for the China-Russia relations, America’s announcement that Moscow and Beijing are its strategic rivals only brings us closer. As the Russians say, behind bad luck comes good luck.
China will invest to the Russian agriculture at the expense of the US treasuries in order to import more quality Russian products; to the joint design and production of wide-body planes instead of Boeing; to the development of the Russian Far East and the adjacent Northeast of China. And recently poor but now well-to-do Chinese tourists will willingly visit the beautiful Russia, which is close to our hearts.
Well, China and Russia will become even closer to each other, they will stay back to back to repel common challenges, and hand in hand for the development of their economies….Valdai Club (Russia)
Trade War Is Only Part of the US Deterrence Strategy
Sheng Shiliang | Senior Research Fellow, Global Challenges Studies, Xinhua News Agency; Researcher and Director of Russian Internal Affairs Office, Euro-Asia Social Development Research Institute; and Executive Member of Center of Shanghai Cooperation Organization Studies
See also
In an exclusive interview, the former White House chief strategist says Beijing was caught off guard by the magnitude of the plan he hatched with Trump...South China Morning Post
‘Trump won’t back down’: US president plans to make trade war unbearable for China and bigger than ever, Steve Bannon says
Sasha Gong