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Bloomberg (October 12)

2018/ 10/ 13 by jd in Global News

“China’s car market has been one of the most reliable engines of global growth for decades. Now that all might be coming to an end…. Purchases of passenger vehicles by dealerships plunged for a third straight month…. The industry is now facing the prospect of its first contraction since at least the 1990s.”

 

New York Times (September 25)

2018/ 09/ 26 by jd in Global News

Companies are discovering that “quitting China is hard to do” as they look to shift operations to avoid Trump tariffs. “Few places can match China’s convenience and reliability.” Not only is China a near comprehensive source of “the ingredients that go into today’s consumer goods,” it also boasts “a dependable source of workers who know how to hold down factory jobs,” along with “reliable roads and rail lines connecting suppliers to assembly plants to ports.”

 

New York Times (June 10)

2018/ 06/ 12 by jd in Global News

“There has never been a disaster like the G7 meeting that just took place. It could herald the beginning of a trade war, maybe even the collapse of the Western alliance. At the very least it will damage America’s reputation as a reliable ally for decades to come; even if Trump eventually departs the scene in disgrace, the fact that someone like him could come to power in the first place will always be in the back of everyone’s mind.”

 

Bloomberg (August 19)

2015/ 08/ 20 by jd in Global News

“Beijing still believes money can buy the trust and soft power it craves, which explains the new $100 billion Asian Infrastructure Investment Bank it has sponsored. But as long as analysts don’t feel the Chinese government’s pronouncements are genuinely reliable, skepticism about the yuan will only grow.”

 

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