China’s currency, the yuan, is on a downward track, not because of government action, but is a market reaction on the US tariffs on Chinese goods, says investment guru Jim Rogers. Washington has to blame itself for the weakening yuan, he tells in the Stocknewsbrief.com.Read More →
If some US politicians hope the trade war between China and the US might undermine Xi Jinping’s domestic power base, they are on the wrong track, says political analyst Victor Shih at US-China Economic and Security Review Commission hearings at the US Congress, according to the South China Morning Post.Read More →
The first ordination of a bishop, Father Yao Shun, approved by the Pope and the central government is good news for the Vatican, says journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, to AFP. Read More →
The trade war damages both US and China’s economy, and global trade. Financial and political analyst Victor Shih, Ho Miu Lam Chair associate professor of political economy at UC San Diego and author of the forthcoming “Economic Shocks and Authoritarian Stability,” gives an overview of the damage in the Los Angeles Times.Read More →
China is not manipulating its currency, says trader Jim Roger. When your currency gets hit by massive tariffs it is basic economics your currency goes down, he says to RT. “No trade war is good for anybody. Everybody loses. ” Jim Rogers is a speaker at the China Speakers Bureau.Read More →
China has been saving much capital in US bonds and could use those resources to finance its debt and policies in the past. But what happens if China runs out of US dollars, asks political analyst Victor Shih in the New York Times.Read More →
Journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, has won the 2019 Best In-Depth Newswriting on Religion Contest, says the website of the American Academy of Religion (AAR). Read More →
New tariffs are not the main worry, as new shots are fired in the trade war between China and the US, says economist Arthur Kroeber according to Barron’s. Next is the upcoming disengagement between both economies and the question of what domains will be involved.Read More →
Author Zhang Lijia tells in The Millions how she became interested in prostitution in China, after discovering her grandma was a ‘working girl’. It took years to write her bestselling novel Lotus: A Novel.Read More →
Investor Jim Rogers tried to buy an ice-cream in Beijing but discovered you cannot buy it for money, you need a mobile. Alibaba and Tencent have become giant technology firms that have changed day-to-day life.Read More →
China promised to open up its financial industry under the pressure of the ongoing trade war. But the industry was not right away impressed: they had heard this song often enough. Financial analyst Sara Hsu looks at how China is keeping its promises this time and says the country is still underdelivering, she writes in China Focus.Read More →
Despite desperate efforts by the government to push the events of June 4, 1989, at Tiananmen Square into collective amnesia, new documents have shed light on the events. Journalist Ian Johnson reviews the latest publication, The Last Secret: The Final Documents from the June Fourth Crackdown, for the NY Review of Books, and summarize what we have been learning over the past 30 years.Read More →