Editors note: The prospect of “decoupling“ from China is now entering the debate in a positive way. The trade war is nearing a possible truce, but global companies are nevertheless moving to reduce their dependence on Chinese factories to make the world’s goods. [Keith Bradsher | April 5, 2019 | New York Times] Companies around…
Editors note: Even Jamie Dimon has almost reversed his position, now supporting aggressive China action and stating that financial market fears should be ignored because the real economy is doing very well. J.P. Morgan Chase CEO Jamie Dimon did not condemn the White House’s decision to face off with China on trade. Even if it’s a drag…
Excerpt: “the directive of China’s 2017 Intelligence Law legally requires that ‘any organization or citizen shall support, assist, and cooperate with’ the security services of China’s One-Party State.” Six retired U.S. defense officials issued a statement on Wednesday warning that European and Asian partners could put American military operations at risk if they use Chinese…
Editors note: Even those soft on China support tariffs now, even those that opposed them in the past. America should increase tariffs on China going forward. Despite positive messages from both sides, hopes are fading that they can find mutually beneficial policies. [Jenny Leonard | April 5, 2019 | Bloomberg] President Trump, who made taking on China’s…