Leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, explains at CNBC why China can walk away from a trade agreement with the US if they do not like it, although its economy is not very bright at this stage. He does not expect to see any great push to improve consumption or the economy at large, as the leadership is happy with the current modest growth.Read More →

China’s consumers are dramatically changing their spending habits, says business analyst Shaun Rein at CNBC. They might not spend on EVs and real estate, but they are sitting on massive savings and will spend when they see the value. Why is Legoland winning the fight for the Chinese consumer, while Starbucks is losing it? Why do they enjoy holidays in mainland China, rather than Thailand or Europe?Read More →

Many observers wrongly see the current trade war between China and the US as a Cold War 2.0, says political analyst Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in an interview with Dwarkesh Patel. If American politicians started this war without seeing the difference from a cold war, it might be tough to bring it to an end, he adds.Read More →

China now understands the US better than America understands China, argues economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, in an interview at the Dwarkesh Clips. Both on a personal and a governmental level, America has stopped investing in good relations with China, he says.Read More →

BYD surprised everyone by successfully taking on Tesla. Economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, explains how China’s approach allowed to take on Tesla and came out as a winner, he tells Dwarkesh Patel.Read More →

Delegations from China and the US are discussing the risks and opportunities in trade for both countries in London. However, according to former US trade negotiator Harry Broadman, stability in trade relations is crucial for any outcomes that may follow those negotiations, as he notes at Al Jazeera. Unfortunately, processes for those stable relations are lacking, he adds.Read More →

In the US, the tension between science and politics has been raising eyebrows. In China, politicians do invite scientists to listen to their arguments and might follow their suggestions. Still, sometimes political preferences in Beijing prevail, for example, during the Covid crisis, says political analyst Victor Shin, author of Factions and Finance in China: Elite Conflict and Inflation, in his interview at Dwarkesh Clips.Read More →

The Trump administration is pretty clueless on China, and that is only one of many issues when both countries are going to deal with each other, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know, in an interview with the Australian broadcaster ABC. Both can inflict huge damage on each other, but neither is in a position to win a full-blown trade war, he adds.Read More →

On the surface, government debt in China appears well-manageable, but that is because the central government pushes its costs to a local level, says financial expert Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, in an interview on Dwarkesh Clips.Read More →

China is having the upper hand in the trade war with Trump and can replace almost every product it purchases from the US with products from other countries, with the exception, perhaps, of semiconductors, says Shaun Rein, a Shanghai-based political analyst and author of The Split: Finding the Opportunities in China’s Economy in the New World Order, at CNBC. China might push back harder than the US or Europe might be thinking, he adds.Read More →