U.S.-China trade dispute
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Opinion: Xi Jinping on the CCP’s next hundred years
Xi Jinping celebrated the Chinese Communist Party’s centenary with a fiery address that marked an important strategic shift. Echoed by Chinese diplomats, Mr. Xi’s escalating rhetoric against the United States signals the unfettering of China’s national ambition, both at home and on the global stage.
Scenarios for U.S. trade policy in the Biden administration
When it comes to trade policy, the Biden administration's biggest departure from its predecessor's stance will be an emphasis on climate change issues. It could even use some of the same tools to pressure trade partners into more environment- and labor-friendly policies. Tariffs are likely to remain in place, however, ...
Opinion: Modern Monetary Theory is no cure for the savings-shortage illness
As the pandemic-induced crisis pushed the U.S. national savings rate into negative territory, the country has become even more dependent on capital inflows from abroad to meet its investment needs. And as investors from China are no longer welcome on American shores, where will all that money come from?
Systemic competition: China’s challenge to the West in 2021 and beyond
This year marks the centenary of the founding of the Communist Party of China. By its end, Beijing wants to have built a “moderately prosperous society.” In parallel, President Xi Jinping seems ready to embark on an all-out contest between statist China and the liberal Western economies. While the Middle ...
New opportunities 2021: Asia’s push in international trade
The 2020 proportional decline in trade was twice as large as the decline of world GDP, but a strong rebound can be expected and international trade will drive global growth in 2021. The good news is that policymakers have taken steps to undo at least some of the trade restrictions ...
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