Newsletters

China In Touch, 21 November 2018, Issue 241

So what was the point of the China International Import Expo (CIIE)? A reaffirmation that China is engaged with the world of international trade? A demonstration of Chinas reliance on imports? Remember, this wasn’t China show casing its exports to the world. This was 158 foreign countries vying with each other to show how engaged they are with China.

The most significant  point of CIIE was to bring home just how important China is to the continued prosperity of the 158 counties who participated. Without free and open trade with China their economies would collapse. This was a superb demonstration of co-dependency.

 

China In Touch, 7 November 2018, Issue 240

The escalating trade war between the US and China may appear as a distant problem, far removed from everyday decision making. It’s a comforting, complacent, and inaccurate thought. Like it or not, it is already having a  direct impact on investment decisions and capital allocation.

Wednesday last week saw the listing of a new China-linked company on the stock exchange. The IPO price was reasonable and yet I hesitated about taking a stake in this company. I hesitated because investors like myself worry it could be only a matter of time before third parties  come under pressure to show support for  the US  by introducing their own restrictions on trade with China.

 

China In Touch, 24 October 2018, Issue 239

Business Councils  must show how China Belt  and Road policy is compatible with national development policies and they must encourage Government and business to engage with the BRI policy. They must overcome the barriers to understanding. This was the focus of my discussion at the Belt and Road International Business Cooperation  conference held in Zhangjiajie by the Silk Road Chamber of International Commerce.

 

China In Touch, 10 October 2018, Issue 238

The nature of Chinese investment in overseas markets has changed with the Belt and Road Initiative, but unfortunately the change in peoples thinking has not always kept up. This has been thrown into sharp relief in the ongoing debates in Australia around several large scale projects which involve Chinese investors. The reasons often cited are that the companies are de-facto State Owned Enterprises (SOEs) ; that they or their management have close links to the Communist Party; that, by implication, their size means there must be corruption involved in their success

These are all handy excuses for xenophobes but they reflect a fundamental misunderstanding of modern  Chinese companies and investments.

 

China In Touch, 26 September 2018, Issue 237

The most frightening observation in Woodward’s new book FEAR about the Trump administration is the handwritten marginal note on a draft speech made as Trump was returning from the G20 summit.   Trump writes TRADE IS BAD. It is perhaps the most accurate summary of the way President Trump views the world, capturing his protectionism, isolationism and fervent American nationalism.