12 January 2020 The prospect that this week the USA and China will sign Phase 1 of a trade deal has buoyed financial markets. Of course, I will assess the impact of the agreement as details emerge. However, initial optimism is warranted if the plan represents the first step towards a comprehensive trade agreement (even [...]
22 October 2019 The global economy is slowing. During previous bouts of world-wide economic weakness, Asia has been relied upon as an engine of growth. This time, however, Asian economic activity is also cooling, as the region (and individual countries within the area) confronts both external and domestic challenges. The deepening trade war, of course, [...]