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NOTHING IS PERMANENT EXCEPT CHANGE

  • President Donald Trump suggested to the G7 leaders that the world should eliminate all tariffs, trade barriers, and subsides in order to promote free trade.

OTHER NEWS

China needs to do more reform-wise or risk an elevation in tensions in the global economic system, the European Union Chamber of Commerce in China said in a report. China has made progress on environmental policies, streamlining business procedures and encouraging R&D. But major shortcomings, including SOE dominance and technology transfers, have overshadowed that progress.

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https://www.economist.com/leaders/2020/01/02/dont-be-fooled-by-the-trade-deal-between-america-and-china https://www.brookings.edu/wp-content/uploads/2020/04/FP_20200427_superpower_marathon_brown_chewning_singh.pdf https://abcnews.go.com/International/china-replace-us-top-superpower/story?id=9986355 https://www.globalpolicy.org/challenges-to-the-us-empire/the-rise-of-competitors.html

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