China’s Industrial Policies and Trade Rules – If You Can’t Beat ‘Em, Join ‘Em?
Discussions are now underway as to whether EU antitrust policies need to be relaxed in order to allow greater latitude to meet the challenge posed by Chinese mega-firms.
Entries by Stephen Olson
Will US-China Trade Talks Solve the Real Problems?
The announcement that trade talks in Beijing between the United States and China had been extended by a day sparked an uptick in stocks and renewed optimism that a resolution to the trade war might be in the offing. A minimal face-saving agreement should be possible before the March deadline, but this would only delay the ultimate day of reckoning. Friction points between China’s state-directed economic system and the United States’ ostensibly free market, free trade system will reassert themselves sooner rather than later.
Trump-Xi Meeting on US-China Trade War: Five Possible Outcomes
The meeting between President Donald Trump and President Xi Jinping in Argentina in late November may prove to be a turning point for not only for the US-China relationship, but for global trade. Both leaders enter these discussions knowing the far more important question is whether there can be a sustainable co-existence between a Western market-driven economy with democratic ideals and a centrally-managed Chinese economy led by the Communist Party of China.
Understanding U.S. Tariff Actions: Two Sides of the Coin
The U.S. Administration has announced yet another investigation which could result in tariffs – this time on automobiles. Given the recent flurry of trade actions, it would be understandable if they all started to blend together in the mind of observers.
The problem with U.S. tariffs on steel and aluminum that no one is talking about
The problem steels tariffs are supposed to address isn’t receiving much attention – a number of countries are undeniably engaging in unfair and even predatory trade practices in the steel and aluminum sectors which are damaging to their trade partners.
Export-Led Growth is Waning in East Asia
Changes are underway which could substantially diminish the relevance of export-led development strategies for countries in East Asia.
Michael Jordan Scores in China
Michael Jordan’s exploits on the basketball court were legendary, but the former hoops star seems to be showing that he’s got “game” when it comes to the rules of international trade as well.
The Death of TPP: What Does it Really Mean?
President-elect Trump announced his intention to formally withdraw the United States from the TPP agreement. So ends seven years of controversial negotiations and intense public debates over the content and anticipated consequences of the pact. Trade goes on — but other countries will try to fill the leadership space.
The Case for Sustainable Trade
Trade has been a remarkable engine of economic growth and development, lifting hundreds of millions out of poverty since the birth of the modern trade system in Bretton Woods more than six decades ago. But how can a country trade sustainably, and deliver not only balanced economic benefits to its citizens, but also strengthen social capital and provide responsible environmental stewardship?
Shenzhen: From Fishing Village to Global Metropolis
In the 1980s, the southern Chinese coastal city of Shenzhen was not much more than a small fishing village, home to some 30,000 hearty souls eking out a living barely above the subsistence level.