The US gained very little in its trade agreement with China, says trade veteran Harry Broadman on NBC News. The text on trade secret does not add any value, and the US firms and consumers pay the price for tariffs, he says.
By trying to take on China alone on trade, the US failed to achieve real results in its first trade deal, says trade-veteran Harry Broadman to Bloomberg. China did not adhere to the multilateral trade deal it closed by joining the WTO, but Donald Trump failed to address the issues related to that.
China’s former leader Deng Xiaoping allowed the country to embark on a liberal economy, while repressing communist ideology. That “China Model” helped economically, but it was only useful in a temporary transition, writes political analyst Shirley Ze Yu in the Interpreter. Now president Xi Jinping swallows Deng’s bitter capitalist poison pill, she writes.
President Xi Jinping decided to stay away from the signing ceremony, and that was an ominous sign, writes political analyst Shirley Ze Yu in the South China Morning Post. China will stick to the trade deal, as long as the country’s economic stability is not under threat, she argues.
China and the US might be signing a first trade deal this month, economist Arthur Kroeber does not see much change. Uncoupling with economies is not possible, he argues, and the trade deal does not deal with the real problems, he tells in The New Yorker.
Under president Xi Jinping the state has again dominated China’s economy, with private companies holding a second place, says economist Arthur Kroeber at the Edge Markets. And for the coming ten years, he does not see a substantial change.
After a first symbolic truce, the world should brace for the next phase in the trade war between China and the US, warns leading economist Arthur Kroeber, according to Barron’s. China has stalled its economic reforms and mechanisms to contain the US power fail, and the technology war is likely to resume, he stresses.
While a signing ceremony seems likely for January, some of the arrangements in the phase one trade deal between China and the US sound impossible to achieve, says economist Arthur Kroeber at Money Week. It “still has some hoops to pass through”, he says.
Financial analyst Sara Hsu compares on her weblog China and the US in trying to see if they are using different methods for getting a competitive advantage. Both do spy on each other and third countries, and China uses the One Belt, One Road (BRI) program to expand its power.Read More →
A limited trade deal might be in the pipeline for the coming weeks, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the Stock Daily Dish. But the trade war is far from over, he warns. “There is a material risk (say 20 to 25%) that we don‘t get a deal.”
Getting into hot water with China’s consumers, its government or both happens regularly to foreign brands. Business analyst Shaun Rein uses the latest NBA-upheaval to explain how those boycotts work, and how foreign brands can deal with them, according to the Marketplace.
China-lawyer Mark Schaub gives a detailed overview of the drafted legal improvements foreign investors can expect when the phase 1 trade agreement will be in place. For example, the VIE’s will largely remain safe. That is, warns Mark Schaub, a huge if, he writes at the weblog of his law firm King & Wood Mallesons.