Editor’s note: This article shows the (Peter) Navarro-ization of the world. “Death by China” is now implicitly accepted in the western world. As the United States grew more hostile toward Chinese investment in the country this year by blocking a handful of high-profile deals, many investors and advisers were confident China would find opportunities elsewhere. [Andrew…
Editor’s note. More indications that China will not be winning its trade war now that the US has (finally) engaged after 24 years. BEIJING—Investment in factories, railways and other projects in China so far this year grew at its slowest pace in more than a quarter-century, pointing to challenges in government efforts to arrest an economic…
Editor’s note. A high end men’s shoe company moves some production back to the US. On the whole, American brands haven’t exactly earned a reputation for being expert shoemakers—bar perhaps the hardworking boots worn by cowboys or coal miners. Fine footwear has largely been left up to the experts across the pond, with cobblers in…
Editor’s note. Professor Michael Pettis lays out the finite possibilities for China responding to the fact that it cannot rely on US consumers in the future for its full employment project. China’s debt problems have emerged so much more rapidly and severely this year than in the past that, combined with swirling rumors about the…