China Is Studying Yuan Devaluation as a Tool in Trade Spat

China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, as the country’s leaders weigh their options in a trade spat with U.S. President Donald Trump that has roiled financial markets worldwide. Senior Chinese officials are studying a two-pronged analysis of the yuan that was prepared by the … More China Is Studying Yuan Devaluation as a Tool in Trade Spat

American Retail Industry Fearful As Trade War Escalates

The trade war initiated by the Trump Administration escalated Wednesday April 4 with China adding tariffs on an additional 106 products worth up to $50 billion annually. The new tariffs mostly target basic agricultural products, including pork, soybeans, cotton, and wheat, but also include plastics, whiskey, tobacco, and vehicles. These new tariffs build on an … More American Retail Industry Fearful As Trade War Escalates

Mr Trump, as you ponder a China trade war, count the US$33 billion Chinese tourists spent in America

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

ASEAN Summit: PM Modi gears up for multiple bilateral engagements; key focus on ‘quadrilateral alliance’

Indian Prime Minister Narendra Modi on Monday is set to hold a series of bilateral meetings with the leaders of three countries – US, Japan, Australia – to discuss matters related to the ‘quadrilateral’ strategic alliance. It has been learnt that a meeting between officials of the four countries was conducted on Sunday, just hours … More ASEAN Summit: PM Modi gears up for multiple bilateral engagements; key focus on ‘quadrilateral alliance’

Does Trump-Xi Relations Matter for Sino-American Trade and Tourism?

For foreign brands and firms catering to Chinese tourists or luxury shoppers, the potential of Beijing reducing the flow of outbound Chinese tourists or damaging domestic operations as retaliation has proved to be a substantial concern in the past few years. The volatile relationship between U.S. President Donald Trump and Chinese President Xi Jinping has … More Does Trump-Xi Relations Matter for Sino-American Trade and Tourism?

What’s next for China’s bonds and equities, now that Xi Jinping’s party is over?

The party’s over, let the games begin. China watchers had long suspected that Beijing would be more tolerant of bigger market moves after the Communist Party’s once-in-five-years congress ended last week – but the ferocity of the sell-off in bonds and stocks took analysts by surprise. Read More