Showing 1 - 4 of 4
To conquer the world, China must get smarter
News, Michael Schuman, Published on 14/08/2019
» Many investors and economists continue to believe China's rise to global economic greatness is inevitable. Modern history, however, tells us that graduating from emerging- to a developed-economy status is hardly automatic. An overly intrusive state, dependence on debt, feeble gains in productivity and poor resource allocation are all reasons to fear that China might struggle with the transition like so many nations before it.
Why Xi won't cave to Trump at G-20 meet
News, Michael Schuman, Published on 30/11/2018
» Hopes are already fading that China's President Xi Jinping and his US counterpart Donald Trump will achieve a breakthrough in their trade war during this weekend's Group of 20 summit in Argentina. Even Mr Trump poured cold water on the idea, saying only days before the conference that it was "highly unlikely" he'd hold off on a planned boost to tariffs.
US-China rift is an awfully messy affair
News, Michael Schuman, Published on 13/08/2018
» A financial adviser I know, Frank Astorino, says nothing destroys wealth like divorce. That's a warning China and the US should keep in mind as they intensify their trade war.
It's time to give China a taste of its own bad medicine
News, Michael Schuman, Published on 29/06/2018
» One of my mottos is: Don't criticise something unless you have a better idea. I've decried President Donald Trump's tariff tactics, so it's only fair I offer my own strategy for fighting a trade war with China -- one with a bigger chance of success and smaller downside risk.