U.S. Breaking Promises is Setting New Obstacles for Trade Talks with China (People’s Daily, 3 min read)

(You can read the article by clicking here)

China is clearly unhappy with the US breaking established trade agreements. Washington promised to impose no further tariffs on Chinese goods during their meeting in Osaka at the end of June, but a few days ago they reneged, slapping an additional 10% on $300bn worth of imports. This article, whilst clearly biased to favour Beijing, points out fairly that the decision was backward and disruptive for both sides and also globally. In fact, the US markets dropped because of it. The authors claim that such US behaviour will be detrimental to business confidence, hindering big-ticket investment for now.

Why does this matter? The US backtrack possibly triggered China’s currency devaluation as a way to soften the blow of the extra tariff. Following up on this, Charles Hankla, a political scientist from Georgia State University, doesn’t see an end of the war in sight. He writes that a trade war can only be won if one country has more bargaining leverage than its opponent. And he doesn’t believe that’s the case here.

Smart home tech makes inroads into China’s emerging elderly care market (Reuters, 4 min read)

August 16, 2019

Stimulus Prep or Prelude to Deflationary Crisis: China Tightening Screws on Real Estate (Investing in Chinese stocks, 4 min read)

August 16, 2019

Inside China’s vast influence network – how it works, and its reach in Australia (The Conversation, 4 min read)

August 16, 2019

Hong Kong protests: history lessons for Beijing from British colonial era uprising (The Conversation, 4 min read)

August 16, 2019

China’s AI Talent Base Is Growing, and then Leaving (Macro Polo, 3 min read)

August 16, 2019

Chinese Universities Need to Attract More Foreign Students, But Not by Treating Them Differently (SCMP, 3 min read)

August 9, 2019

The Messy Truth About Social Credit (Logic Magazine, 10 min read)

August 9, 2019

New China Tariffs Increase Costs to U.S. Households (Liberty Street Economics, 4 min read)

August 9, 2019

The Real Reason for China’s Rise (Project Syndicate, 3 min read)

August 9, 2019

How the U.S. Could Lose a War with China (The Atlantic, 3 min read)

August 1, 2019

China Makes Concession on US Farm Goods in ‘Frank’ and ‘Constructive’ Talks (SCMP, 4 min read)

August 1, 2019

To Feed its 1.4 billion, China Bets Big on Genome Editing of Crops (Science Magazine, 7 min read)

August 1, 2019

China’s Long View (Project Syndicate, 3 min read)

August 1, 2019

Beijing Axes Individual Travel Visas for Chinese Tourists Visiting Taiwan (Taiwan News, 3 min read)

August 1, 2019

China White Paper on National Defense: Separatists Are Top Threat (SupChina, 3 min read)

July 25, 2019

(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)

Sign up to the Macro Hive newsletter here:

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign Up For the Free Newsletter