The now not-so-hidden agenda is to take Chimerica apart, although I haven't seen it in the Western media yet, and this is decidedly not where American business and finance want to go. Moon of AlabamaU.S. Decoupling From China Forces Others To Decouple From U.S.
Read More »Manufacturers Want to Quit China for Vietnam. They’re Finding It Impossible. Nobody has China’s scale, infrastructure, experience, and supply chains — Niharika Mandhana
“China has a 15-year head start—whatever you want, someone’s doing it,” said Wing Xu, the operations director for Omnidex Group, which helps make large pumps for Pennsylvania-based industrial equipment manufacturer McLanahan Corp.... Checkpoint AsiaManufacturers Want to Quit China for Vietnam. They’re Finding It Impossible. Nobody has China's scale, infrastructure, experience, and supply chains Niharika Mandhana, The Wall Street Journal
Read More »The Trillion-Dollar Grift: The Long-Term Plan for US-China Decoupling — Peter Lee
Keeping the negotiations creeping along while encouraging the decoupling dynamic through tariffs & sanctions allowed the China hawks to dodge the onus of hurting the US economy for the sake of US hegemonic goals.Now, as we're entering a phase of pretty much open economic warfare, maybe that mask is ready to drop.... Preparing for the showdown.As I have been saying, the sine qua non for permanent US global hegemony is dividing Russia and China into smaller states that can never...
Read More »Tyler Cowen — New results on the China shock, furthermore the China shock is largely over
Is the US trying to lock the barn door after the horse is gone left over offshoring jobs to China? A new paper suggests so.Marginal RevolutionNew results on the China shock, furthermore the China shock is largely overTyler Cowen | Holbert C. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center
Read More »Timothy Taylor — US Not the Source of China’s Growth, China Not the Source of America’s Problems
A sizeable portion of the US discussions about economic policy toward China seem to me based on two conceptual mistakes. One mistake is that China's rapid economic growth fundamentally depends on trade with the US. The other mistake is that the bulk of US economic problems depend in some fundamental way on trade with China.... It's worth spelling out the underlying logic here a bit. The formula for economic growth is to invest in human capital, physical capital, and technology, in an...
Read More »Reuters — U.S. sorghum armada U-turns at sea after China tariffs
Trade war in progress. Proceed with caution.ReutersExclusive: U.S. sorghum armada U-turns at sea after China tariffs Karl Plume, P.J. Huffstutter
Read More »Ken Moak — Reality check may make Trump rethink trade war
In news reports around the world, from Hong Kong’s South China Morning Post to RT.com, US President Donald Trump is reported to have softened his “tough” trade stance against China. In the April 8 reports, he said that Chinese President Xi Jinping will always be his friend and China and the US will negotiate a trade deal that will benefit the “two great nations,” a far cry from his blistering response of upping the ante to triple the number of Chinese goods subject to tariffs. But in true...
Read More »Xinhua — Chinese direct investment in U.S. plunges in 2017 due to policy shifts
Chinese direct investment in the United States fell by more than 35 percent in 2017 due to policy shifts in both countries, according to a new report jointly released on Tuesday by the National Committee on U.S.-China Relations (NCUSCR) and the Rhodium Group... EcnsChinese direct investment in U.S. plunges in 2017 due to policy shifts Xinhua
Read More »Stephen S. Roach — America and China’s Codependency Trap
On August 14, President Donald Trump instructed the US Trade Representative to commence investigating Chinese infringement of intellectual property rights. Whatever the merit of such allegations, Chinese retaliation against US trade sanctions would almost certainly cause far more economic damage. Project SyndicateAmerica and China’s Codependency Trap Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, now a senior fellow at Yale University's Jackson...
Read More »