Can China Withstand A Trade War?
Trade tensions are escalating between the US and China, and Trump argues that the US can’t lose. The Chinese economy is vulnerable at the moment, plagued by large debts which […]
The Chinese Strikeback
The US President thinks the US can easily win a trade war with China as they export much more to the US than vice versa. While that is true, retaliatory […]
Chinese Tech Increasingly A Match For U.S. Big Tech. Should We Worry?
The rise of Chinese high-tech companies has produced the specter of Chinese domination of the industries of the future. While it is true that many high-tech Chinese companies have caught […]
China Throws A Wrench In The Dollar Bull Run
The market overwhelmingly assumes a continuation of a dollar bull-run. And there are indeed sound reasons for that. However, on closer inspection, the rationale might be less solid than meets […]
Trump Vs. China, Round One
Since China is considerably more dependent upon the US market, at first sight, it looks like the US is in a strong position versus China to deal with trade frictions. […]
When Will China’s Debt Problem Detonate?
Chinese debt, particularly its corporate debt, has been rising explosively and now stands at unprecedented levels according to basically any metric. The magnitude is such that many expect some kind […]
Dual Risk Out Of China
The largely state-owned industrial sector is plagued by overcapacity, large debt, deflation and declining credit quality. The Chinese authorities have three ways of dealing with this, restructuring, devaluation, or stimulus. […]