Trade war

A makeover for Chinese macroeconomic policy

China’s economic performance in 2018 was rather disappointing. According to official statistics, the country’s growth rate up to the end of the third quarter was 6.7 percent, the lowest since the global financial crisis.

3 January 2019

Who benefits from Trump’s trade war?

In 1950, the Canadian-born Princeton University economist Jacob Viner explained a customs union produces a “trade creation” effect, as lower tariffs and non-tariff barriers spur increased flows of goods among member countries.

2 January 2019

China’s slowdown deepens

China heads into the new year with its factories back in contractionary territory as the threat of a prolonged trade war dampens sentiment and stimulus struggles to gain traction.

1 January 2019

Trump, Xi agree to temporary trade war truce

United State (US) President Donald Trump and Chinese President Xi Jinping agreed to keep their trade war from escalating with a promise to halt the imposition of new tariffs for 90 days as the world’s two largest economies negotiate a lasting agreement.

3 December 2018

China deserves its economic success

In the 1940s, the British historian Arnold J. Toynbee predicted that the United States (US) and the Soviet Union would remain the world’s only two great powers.

2 December 2018

Environment and economy are great-power pawns

In recent years, we have seen the renewal of a phenomenon that seemed to have passed into history with the end of the Cold War: fierce and potentially violent competition between the most powerful countries on the globe.

20 November 2018

APEC summit ends in disarray

An Asia-Pacific summit ended in tumult after the United States (US) and China failed to agree on language in a final statement, the latest sign that a trade war between the world’s biggest economies won’t end anytime soon.

19 November 2018