Though the latest set of profit data for China’s industrial concerns were outwardly positive, there are still many unresolved questions hanging over both the economy and the country’s politics, some of which we examine here. None of that is likely to deter bond investors and ETF buyers, of course, since their principal concern will be to bring their holdings into line with a major benchmark index which has just created a vast source of funds for Xi Jinping’s minions to exploit. We ask: should they?
Category Archives: Trade Wars
The sharpening of the conflict between China and the US became all too apparent last week when Beijing released an official white paper in which it seemingly abandoned all hint of conciliation with a burst of accusations, exculpations, and a good deal of bluster. [First Published June 3rd]
Back in 2017, a minor diplomatic spat erupted when seemingly credible allegations were made that billionaire Xiao Jianhua had been abducted by agents of Chinese state security from the Four Seasons hotel in Hong Kong where he was staying. Indistinct video showed the figure, said to be Xiao under the blanket covering his head, being […]
Last week, as the Trade War with the US worsened – and as the assault on China’s flagship telecoms company, Huawei, was intensified – President Xi Jinping, accompanied by his chief trade negotiator, Liu He, made a highly symbolic visit to Jiangxi, the starting point of the Communist Party’s fabled ‘Long March’ in 1934. [First […]