Even when China and the US will reach a kind of trade agreement, both countries have such different ideologies, solving hostilities will be a matter of the long haul, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know to the Atlantic. “Xi has clearly nailed his colors to the mast of a much more state-directed economy,” said Kroeber. Read More →

US president Donald Trump might think he is just fighting a trade war, but for China’s president Xi Jinping this is going much further, says political analyst Shaun Rein to CBS news. It can be the beginning of a new Cold War or worse, he says.Read More →

Chinese media got orders to avoid bad news on the economy, but according to financial analyst Sara Hsu, signs indicate that China is unofficially in a recession. Spending has gone down despite encouragement from the government to spend more.Read More →