If Donald Trump wins the election and follows through on his economic threats,it could destroy a system that has been in place since the end of World War II.
Speaking in the Chinese capital on Friday after meetings with local officials,the treasurer said Australia had “a lot at stake” when it came to China’s economic slowdown.
Donald Trump and Kamala Harris are announcing new big-ticket election promises almost daily. Harris’ agenda appears less unaffordable than Trump’s.
If the iron ore price is a barometer of the health of China’s economy,then it is signalling a level of weakness that ought to galvanise China’s policymakers.
Donald Trump and Kamala Harris have each rolled out reckless plans that will add to one of America’s biggest problems.
Despite Kamala Harris’ ascent in the polls,it remains quite possible that Donald Trump will win the US election. And if he does,inflation in the world’s largest economy may become a major problem again.
Forget free trade:Beijing aims to demolish its rivals and achieve monopolistic hegemony across entire industries,seeing trade as ideological warfare against democracies.
How would one have “priced” global markets in 1912 or 1937,when the writing already was on the wall,but nothing was predetermined,and one could still hope? Worth pondering.
Local technology shares tracked their US peers lower,dragging down the ASX benchmark on Thursday,with interest-rate sensitive sectors also sliding amid the sell-off.
The increased likelihood that Donald Trump will regain the US presidency is a threat to Xi Jinping’s factory-led strategy for restructuring China’s economy.
Amazon looks worried that it can’t beat the two Chinese juggernauts of low-priced online retailing. So it’s decided to join them.