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.Read More →

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 →

The number of rich Chinese families has dropped, although only slightly, says this year’s Hurun Wealth Report, according to the China Daily. Both a dropping economy and the trade war triggered off the effect, says Rupert Hoogewerf, chairman of the Hurun Report, now in its 11th year.Read More →