China said Friday that it has reached a consensus with the U.S. in principle after a phone call among high-level trade negotiators this week. The Chinese Ministry of Commerce said Vice Premier Liu He had a phone call with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Friday. It said the two […]
China: A Paper Tiger in a Fragile Economy by Andrew Moran…
We typically imagine the Chinese entrepreneur crunching numbers, working around the clock to boost the economy, and repeating Communist propaganda about the West being the supreme devil. But we might have it wrong. Considering that the major source of funding for tens of thousands of companies in China originates from the central bank’s printing press, […]
Brexit is a Gordian Knot – Who Is The World’s Premier Gordian Knot Cutter?…
The Gordian Knot of Brexit is based on a Parliamentary ruling class within the U.K. government who will not accept Great Britain leaving the European Union. The elitist Members of Parliament (MP) have passed a law requiring Prime Minister Boris Johnson to forever stay in the EU until an agreement for terms of exit are […]
Beijing Pledges Fight “To the End” Against U.S. Economic Confrontation – Let It Be So…
An announcement from China on Saturday, pledging a full economic war against the United States, will likely not come as a surprise for most CTH readers. However, it does serve as emphasis for our 2017 statement: “prepare your affairs accordingly.” When we followed up a few months later with the warning: “There is no upper […]
President Trump Calls Out China and EU Currency Manipulation…
President Trump and Chairman Xi Will Meet During G20 Summit in Osaka, Japan…
President Trump tweeted about a phone call this morning with Chinese Chairman Xi Jinping. There will be a G20 meeting between Trump and Xi. So, extending our conversation from yesterday…. the “magnanimous panda” approach appears confirmed. With Chairman Xi Jinping traveling to North Korea for talks with his captive Kim Jong Un prior to the […]
U.S. and China Begin High-Level Trade Talks in DC…
Giddy up. Two days of intense trade discussions begin today in the Eisenhower building led by U.S. Trade Representative Robert Lighthizer and his Chinese counterpart Vice Premier Liu He. The stakes are high as the deadline for an agreement is March 2nd. Ambassador Lighthizer is joined by Commerce Secretary Wilbur Ross, Treasury Secretary Steven Mnuchin, […]
Credit Suisse: China Has a Lot More to Lose Than the U.S. in Trade War…
The possibility that the United States and China are closer to resolving their trade dispute has stoked optimism among investors. But insufficient attention may be being paid to what happens if no deal is struck, according to John Woods, Credit Suisse’s chief investment officer for Asia-Pacific. No deal would be “profoundly negative”. It would be […]
U.S., China Eye Higher-Level Talks After Discussing Tech Transfer…
U.S. and Chinese officials are working on arrangements for higher-level trade talks after mid-level officials this week discussed U.S. demands on issues that would require structural change in China to address such as intellectual property theft, forced technology transfers and other non-tariff barriers. People familiar with the three days of talks in Beijing said hopes […]
Trump Hits China with Tariffs on 1,300 Products…
The Trump administration Tuesday rolled out a list of proposed Chinese high-tech imports to hit with new tariffs, advancing get-tough measures that have raised alarms about a trade war. The list named 1,300 separate products with a total value of roughly $50 billion. President Trump ordered the tariffs to combat China’s unfair trade practices and […]