As the administration of Donald Trump ponders how best to launch its trade war with China, maximising impact on China and minimising cost to politically important voters at home, it could do worse than pause to think about tourism. And as he and his henchmen like Robert Lighthizer fulminate about merchandise trade deficits, he may … More Mr Trump, as you ponder a China trade war, count the US$33 billion Chinese tourists spent in America
International fashion and luxury brands maintain a constant balancing act in China. While the country has become the latest growth engine for their businesses, the Chinese government’s standard unpredictability when it comes to regulating foreign entities has hit them ruthlessly of late. It is not a secret that Beijing exerts enormous control over the operation … More “New China”: Repressive State Greets Expressive Millennials
Tourism as we know is part of rare luxuries one can enjoy during the leisure time. It also has substantial economic implications to favourite destinations, airlines and airports. It can also have more widespread implications even to nations or economies. Consider Russia’s western sanctions; foreign direct investments dry up, expat’s leaving back to their countries, … More Tourism and travel – part of nations political toolbox
The foreign trips of American presidents often serve as defining moments for their administrations. And now is a particularly telling time for President Donald Trump to visit Asia-Pacific. As he tours Southeast and Northeast Asia, with stops in traditional US allies Japan, South Korea and the Philippines as well as sometime rivals China and Vietnam, … More Forget the Xi-Trump bromance, it’s time the US came clean on its vision for China and Asia
Public support for the Trans Pacific Partnership has doubled since the start of 2016, as Canadians worry about the future of NAFTA and look for markets outside of the United States, says a new Angus Reid Institute poll. Read More
China and South Korea have reportedly agreed to restore bilateral relations to a “normal development path swiftly.” What this means for the ongoing ban on the sale of tour group packages from China to South Korea is unclear, as tour group packages for South Korean destinations are still unavailable on Chinese online travel agencies (OTAs). … More China Signals Thaw in THAAD Dispute and Likely End to ‘Tourist Ban,’ but Why Now?
The chips are down. China’s 19th party congress has rubberstamped support for President Xi Jinping’s ambition for a China-led world order in the future, the Americans are “woke” to that reality and India has an opportunity to make a difference. Read More
China has called for a joint maritime exercise with the Association of Southeast Asian Nations for years. Read More
The European Commission has outlined more than two dozen new proposals and initiatives it wants tabled before next May. Read More
I’m a big fan of macroeconomics and history and often tend to look the correlations between the past and future in macroeconomic level. At the moment the situation in the world is more than thrilling. One can see that the New World namely Americas is doing very well, the indexes are blowing out of the … More History, Geopolitics, Trade and Macroeconomics – the effect of the Silk Road and the rising sun from the East Part 1.