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Bloomberg (December 3)

2018/ 12/ 03 by jd in Global News

Trump and Xi gave “markets the most they could have expected,” which wasn’t that much. Still, they avoided the “risk of a serious downside (an angry confrontation and a meeting ending with recriminations and no agreement).” While some may see justification for “risk on” investing, it’s worth noting that this truce is only temporary, “in the longer term, all the risks remain in place.”

 

Bloomberg (September 19)

2018/ 09/ 21 by jd in Global News

“Trump has badly miscalculated Xi’s willingness to endure a lot of economic suffering to avoid surrender. Trump has also miscalculated who will be hurt by his tariffs; in many cases it will be American consumers and companies.”

 

Wall Street Journal (September 19)

2018/ 09/ 20 by jd in Global News

“If Mr. Trump wants to change Chinese behavior, he should first finish a new Nafta, drop his blunderbuss steel tariffs on allies, forget new auto tariffs, negotiate a zero tariff deal with Europe, and re-enter the Trans-Pacific Partnership.” Then he could “lead a coalition to confront Xi Jinping from a position of strength with targeted trade enforcement rather than scattershot tariffs. The real worry is that Mr. Trump supports tariffs for their own sake, and he may not want a China deal. With Donald Trump and trade, you never know.”

 

Bloomberg (July 15)

2018/ 07/ 15 by jd in Global News

“As the world’s largest exporter, China continues to benefit from robust global demand, but the increase in tensions and trade barriers with the U.S. is weighing on the outlook…. President Xi Jinping may ultimately have to choose between softening his multi-year campaign to control debt levels, or letting growth dip below the target of 6.5 percent.”

 

Forbes (June 24)

2018/ 06/ 26 by jd in Global News

“While Trump and some in the White House argue that China has much more to lose in a trade war than does the United States, they may be underestimating Xi’s resolve to appear unwavering in the face of attacks from China’s main economic rival, the United States.”

 

South China Morning Post (June 18)

2018/ 06/ 19 by jd in Global News

“The first punches in a trade fight that China didn’t want have been thrown, and now Chinese President Xi Jinping is poised to match his US counterpart Donald Trump blow for blow.” China has plenty of ammunition in a fight that might come down to painful attrition. “Safety inspections, consumer boycotts and approval delays are just some of the ways that Beijing can respond to action from Washington.”

 

New York Times (March 4)

2018/ 03/ 06 by jd in Global News

“There can be little doubt now.” President Donald Trump “truly sees no danger in Mr. Xi’s ‘great’ decision to extend his own rule until death. That craven reaction is in line with Mr. Trump’s consistent support and even admiration for men ruling with increasing brutal and autocratic methods—Vladimir Putin of Russia, Turkey’s Recep Tayyip Erdogan, Rodrigo Duterte in the Philippines, to name a few.”

 

The Economist (March 3)

2018/ 03/ 05 by jd in Global News

“Last weekend China stepped from autocracy into dictatorship. That was when Xi Jinping, already the world’s most powerful man, let it be known that he will change China’s constitution so that he can rule as president for as long as he chooses—and conceivably for life.”0

 

Financial Times (February 26)

2018/ 02/ 27 by jd in Global News

“Four months after a historic Chinese Communist party congress was expected to answer most questions about Xi Jinping’s second five-year term in office, China’s president has demonstrated that he can still ‘shock and awe’ his political rivals.” The Central Committee’s recommendation to scrap the ten year presidential term limit, almost ensures this protection will be written out of the constitution, further tightening Xi’s powerful grip on China.

 

China Daily (November 9)

2017/ 11/ 11 by jd in Global News

“Although the differences that had been pestering bilateral ties have not instantly disappeared, the most important takeaway from their talks in Beijing has been the constructive approach to these issues the two leaders demonstrated…. The concordant note struck by Xi and Trump showcased not only the personal rapport they have established, but also consolidated optimism about the prospects for bilateral ties.”

 

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