China’s Electric Vehicle Market: A Storm of Competition Is Coming
Knowledge Wharton via Fair Observer | China is the world’s biggest market for electric vehicles — and conditions are ripe for a shakeout.
In the World
Why political meddling with central banks is a terrible idea
Central bank independence is increasingly at risk around the world.
US-China strategic competition: US panicking at China’s big hedge?
Alicia Garcia Herrero and Jianwei Xu (Natixis) | After several peaceful months, the US-China trade has been taken back to central stage following Trump’s unexpected announcement to ramp up tariffs from 10% to 25% on Friday if no deal is reached by this Friday. Fears of resurged uncertainties spread among investors, tumbling world market over the past few days.
The Global Game of Thrones
John Feffer via Fair Observer | With wannabe monarchs like Donald Trump that show far less deference to democracy than the current occupants of Buckingham Palace and Kyoto’s Chrysanthemum Throne, who needs actual kings and queens?
Xi has limited options facing Trump´s trade war
Shaun Riordan | The US has once before tried to use trade restrictions to force an Asian power to abandon its strategy. It did not end well.
Affordable Childcare Is a Public Need
Javiera Alarcon via Fair Observer | Women and men on track to becoming parents must face the prospect of increasing costs of quality childcare. This is true for developed nations, but no less predictable in low-income countries as well. Raising children is not what it used to be.
China in Europe: Greece Joins the 17+1 network
Jens Bastian via Macropolis | For some Greece observers and various China analysts the decision by the Greek government to join the 17+1 network came as a surprise. They shouldn’t have been taken aback. What is rather astonishing is the muted response by Brussels, Berlin and Washington.
Should Big Tech Companies Be Free to Conquer the World?
Peter Isackson via Fair Observer | Monopolist capitalism in the era of digital control reassures some and frightens others. Can it be controlled?
What else China can do to support growth in the short term?
Alicia García-Herrero (Natixis) | Out of the key reasons for the cyclical slowdown in 2018, namely the worsening sentiment due to the US-China trade war and the rapid shadow banking crackdown, the former can be considered as an external shock but the latter is self-inflicted.
World Gives America One Year to Stop Trump or Face Sanctions
John Feffer via Fair Observer | Several countries have already withdrawn recognition of the Trump government and recognized Nancy Pelosi instead as the legitimate leader of the country. The deputy assistant undersecretary general of the United Nations has given the United States a one-year warning. If the country doesn’t clean up its act and become a responsible world citizen, Ithell Colhoquon announced yesterday, the international community will impose sanctions on…