The purpose of this article is to show how the proposed $60B trade tariffs on China will impact macro fiscal flows and investment markets. To assess this regulatory change, a balance of sectoral flow analysis has been used (following British economist Professor Wynne Godley's work)…. Seeking AlphaImpact Assessment Of $60B China Trade Tariffs Alan Longbon
Read More »Reuters — China warns U.S. not to open Pandora’s Box, unleash trade ills on world
The take-away: "Negotiations must be equal, and China will not accept any consultation under unilateral coercion,” Gao said." China (and Russia) demand to be treated as equals, which would mean the US accepting multipolarity. Is the US willing to go to the mat to maintain unipolarity? Stay tuned.ReutersChina warns U.S. not to open Pandora's Box, unleash trade ills on world Se Young Lee and Yawen Chen
Read More »Chinese officials are not acting like there’s a trade war
By Marc Chandler This post was first published on Marc to Market While the pundits are talking trade wars, Chinese officials are taking the latest US provocations in stride. Pressure on China’s trade practices are not new. The US has been complaining about intellectual property violations since Bill Clinton was President. China’s trade practices have also raised the ire or US and Europe, which has resulted in tens of dozens of anti-dumping actions. China’s emergence on the...
Read More »Asia Unhedged — Russia, China eclipse US in hypersonic missiles: Pentagon
Arms race. Others have noted to Asia Unhedged that the US defense establishment’s goal when speaking to lawmakers is to drum up support for more funding. Exaggerating threats, or short comings, instills a sense of urgency for additional investment in arms development. Asia TimesRussia, China eclipse US in hypersonic missiles: Pentagon Asia Unhedged See also Russia Insider Winner of Putin's Name Contest for 'Miracle Weapons' - a 14th c. Christian Monk!Charles Bausman also...
Read More »Alexander Mercouris — China applauds Putin’s win, backs Russia on Skripal case, hails China’s ‘strategic partnership’ with Russia
President Putin’s massive election victory and the fallout from the Skripal case have provided Global Times – an English language newspaper published under the auspices of the People’s Daily, the official organ of China’s Communist Party, and therefore reflecting the views of China’s leadership – with the opportunity to give Russia strong backing as it comes under renewed Western pressure. The first editorial, published on 16th March 2018 under the title “West hopes to hurt, intimidate...
Read More »Pepe Escobar — Will the Putin-Xi era supersede the Western liberal (dis)order?
Perhaps a Confucian path would be the right direction toward Eurasian integration Asia TimesWill the Putin-Xi era supersede the Western liberal (dis)order? Pepe Escobar
Read More »Stephen S. Roach — China as Seen from a Glass House
Good analysis excepting this: The plight of the US middle class has been framed as a blame game, with China and its alleged unfair trading practices singled out as the culprit. Yet the evidence points elsewhere: to a dramatic shortfall of domestic saving that leaves America dependent on surplus saving from abroad to fill the gap. The result is a multilateral trade deficit, with China and 101 other countries, required to provide the foreign capital needed for the balance of payments. Project...
Read More »CGTN — China to restrict people with poor social credit when using trains and flights
Sort of like taking away one's driver's license in the US for offense like reckless driving, accumulating too many citations in a period, or driving while intoxicated. It's unclear in the US why persons are put the no-fly list since the government does not have to divulge the reason. The two statements published on NDRC's website elaborate on cases which would garner a bad rating. One statement says that restrictions on train travel apply to people who've engaged in wrongdoing, as defined...
Read More »Andrew Batson — Centralization and the crisis mindset
Focuses on economic challenges that China faces and downplays the military threat. I think that both are involved in consolidation of power. The Chinese leadership realizes that it is considered the primary adversary of the US and the chief competitor for global influence in the future. China also perceives America as preparing to act to preserve its global hegemony economic and politically. This is about trimming the ship for economic and possibly military war. China also perceives...
Read More »Sputnik International — ‘China to Be at the Heart of World Development for Next Decades’ – Professor
The Chinese National People’s Congress has voted for an amendment to the constitution that abolishes presidential term limits. The step may mean that President Xi Jinping might remain in office for life. Sputnik discussed this with Kerry Brown, professor of Chinese Studies and director of the Lau China Institute at King's College, London.... Most of the punditry on China is from people that have little actual background or access to information, so their bloviating is a combination of...
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