US scholar and former foreign correspondent Howard French dives into the US debate on whether sanctioning and divesting from China are helpful. French does not think so and compares the position of China with North Korea – where sanctions did not work – and South Africa, where they did, at a debate at Intercollegiate Studies Institute.
China has a lot of historical luggage it has trouble coming to terms with, says author and journalist Zhang Lijia. The Korean was, claimed by China as a victory, is one of major historical issues the country has to come to terms with, she writes in a comment at the South China Morning Post.
For investors the prospects for North-Korea are similar to China in 1978, says superinvestor Jim Rogers, author of Street Smarts: Adventures on the Road and in the Markets, according to the Korean medium Hankyoreh. “If North Korea introduces reforms and openness, it will achieve rapid economic growth in the double digits or higher.”
ZTE got itself into trouble by violating a ban on using American components for products it exported to Iran and North-Korea. The punishment – no US components for ZTE for seven years – might kill the Chinese company, who cannot work without them. What did the auditors do, wonders Beida auditing professor Paul Gillis on his weblog.
North and South Korea have started talks, potentially defusing the tension in the region. Time for a new and more positive approach of China’s unruly neighbor, says Harry Broadman, former PwC Emerging Markets Investment Leader; in Gulf News. For example by nurturing the country’s private sector. It might be coming as a surprise for many, but North Korea does have a private sector, Broadman writes.
President Trump’s rather simplistic views on foreign affairs have waken up many observers. Trump’s approach to push China on North-Korea might be just an example where easy solutions do not work, tells political analyst Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® at the South China Morning Post.
Not being predictable has been US-president Donald Trump’s trademark on foreign policy. When it comes to China, economist Arthur Kroeber prefers to phrase it in another way. “US policy towards China in both security and economic terms remains confused and directionless,” he says in the South China Morning Post.