The number of “little giant” companies has rapidly multiplied in recent years, but most of them never see any central government subsidy money.
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The US and China have traded accusations, each claiming the other has violated the Geneva tariff truce.
Lawmakers are approaching economic issues with caution, careful not to step on the White House’s toes.
Many interest rates in China’s real economy are no higher than they were in the US during much of its ZIRP periods.
The US has revised its export controls and attempted to issue a worldwide ban on the use of some Huawei chips.
The Chinese economy held up okay in April despite triple-digit US tariffs, with exports and industrial production outperforming expectations.
The dizzying escalation and de-escalation of tariffs has made Chinese companies’ decisions around offshoring production much more complicated.
The US-China meeting in Geneva accomplished two things: de-escalating tariffs and setting the stage for future negotiations.
The PBOC cut policy rates by 10 bps but did not deliver any big surprises at its latest presser.
In my recent meetings with clients, most questions have been focused on one thing: the ongoing trade war between the US and China. Here are my thoughts on some of the most common concerns.