China, Trump and Xi

Aging populations, as Japan taught us, are inherently deflationary. Folks in their 70s don’t spend the way 20-somethings do.
Observers have suggested that Xi has used an anti-corruption crackdown to eliminate rivals and entrench himself at the center ...
Gao Shanwen questioned Beijing’s ability to boost its economy as threats loom from a property meltdown and burgeoning debt.
Chinese President Xi Jinping was reportedly dismissive about the threat of deflation hitting the economy. While consumers can ...