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Month: April 2019

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US-China trade war could slash almost 1 million jobs from the US economy, new study says

08 February 2019
Figure could rise to more than 2 million should US President Donald Trump impose 25 per cent tariffs on all Chinese exports. The research from Washington-based consultancy Trade Partnership Worldwide has been paid for by the pro-free trade lobbying group Tariffs Hurt the Heartlands
Read the rest on the story in South China Morning Post
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US initiative would fail to contain China and put allies at risk

09 January 2019
The January 5 edition of the South China Morning Post reported that the US passed the Asia Reassurance Initiative Act (ARIA) to reaffirm and reassure its “allies” that America is committed to protecting and promoting democracy in the Asia-Pacific. To do so, America will spend US$1.5 billion annually for five years to “show its presence” and increase “freedom of navigation operations” (FNOPs).
Read the rest of the story in Asia Times
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United States ups the ante in China rivalry with Asia Reassurance Initiative Act

05 January 2019
The China-US rivalry in Asia – especially in the South China Sea – will intensify with the passage of American legislation underlining Washington’s commitment to the region, analysts said.
Read the rest of the story in South China Morning Post