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GLOBAL STRIKE MEDIA 
More HAYEK, LESS KEYNES
monetary regimes, exchange rates, capITal - current accounts, crisis 

CHINA'S INDUSTRIAL PROFIT CRASHES

12/29/2018

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FORBES
SCMP:  BEIJING TAXED TO DEATH
CHINA PROMISES TAX RELIEF
Martin Feldstein writes: It is unlikely that China will make enough policy changes in the next three months to satisfy the U.S. and avoid the tariffs. Looking ahead, the U.S. could impose heavier tariffs and other economic penalties in order to force China to play by the rules, ending its attempt to dominate global markets through subsidies and technology theft. – Wall Street Journal
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Hilton Yip writes: For the ruling Chinese Communist Party, this sense of victimhood provides numerous benefits. It shifts the blame onto foreigners, mainly the West, for many of China’s problems and focuses domestic anger and scrutiny away from the party. There is never a need to take responsibility and be accountable for your own actions if you can stoke historical grievances like the “century of humiliation.” […]It is time that the West stopped taking China’s victimhood claims at face value. – Foreign Policy
Deeper, Underlying Tensions Exposed In Sino-US Ties
mentioning Hoover Institution via South China Morning Post
Without careful management it is a relationship that could get worse before it gets better and do nothing to enhance regional and global stability.
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CHINA'S CENTRAL BANK CONTINUES TO STRUGGLE

12/28/2018

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FOREX LIVE:  PRUDENT MONETARY POLICY REGIME EXPECTED 
MONEY CONTROL:  MONETARY POLICY FOR CHINA
China’s central bank rules out ‘flood-like’ wave of stimulus
BY GORDON WATTS
PBOC adviser points to ‘prudent’ monetary approach after a raft of measures are proposed to boost the economy amid global market jitters
 
Don’t break the 3% deficit-to-GDP ceiling, analyst warns
BY ASIA TIMES STAFF
There are other policy tools that could strengthen a proactive fiscal policy, including increasing spending, issuing more debt and reducing taxes, says expert
 
PBOC vows to stabilize yuan fluctuation at ‘reasonable level’
BY ASIA TIMES STAFF
Q4 meeting emphasized that monetary policy should be forward-looking, flexible and targeted, especially to strengthen countercyclical control
SCMP:   HOW FAR CAN CHINA GO TO STIMULATE ECONOMY
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MARTIN FEIDSTEIN REVEALS SIGNS TO WATCH FOR US RECESSION

12/23/2018

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Falling Share Prices and the Outlook for the US Economy
Martin Feldstein explains why the decline in household wealth implied by a more normal price-earnings ratio will mean recession.
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SLAVE LABOR OF THE MASTER HAN EMPIRE

12/21/2018

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Inside Xi Jinping's Plan To Dominate The World
featuring Elizabeth Economy via Bloomberg
Elizabeth Economy’s “The Third Revolution” makes the case that China is most dangerous in the realm of ideas.
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CHINESE REFORM HITS MIDLIFE CRISIS

12/21/2018

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China is Losing the New Cold War
Minxin Pei points out that the country is repeating two of the key mistakes that helped bring down the Soviet Union.
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China’s Economic Reforms Are Having a Midlife Crisis
Mark Gongloff, Bloomberg
Impact of 4 decades of China’s reforms and opening
All of our bets on China have been wrong
PBOC decides to accelerate capital market reform
BY ASIA TIMES STAFF
Pledge to reduce administrative intervention in transactions, develop mid and long-term investors and unblock access for asset management products
The China Policy Debate
There is growing consensus that the United States is engaged in a long-term, intensifying competition with China. It's less clear what type of relationship Washington should pursue with Beijing. RAND experts say that both competition and engagement are essential to future China policy. But there is only so much the United States can—or should—do to prevent China from becoming its peer. Read more »
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CHINA TALKS OF OPENING UP WHILE PRIVATE SECTOR SHRINKS

12/18/2018

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  US-China Relations at 40
(The Diplomat) The “normalization of relations” meets the “new normal.” 
Xi Jinping isn’t China’s new Deng Xiaoping
Politburo eyes accelerating reform and opening up
BY ASIA TIMES STAFF
The meeting pointed out that it is necessary to stimulate the vitality of small enterprises, improve macro-control and upgrade economic structure
Nation should come first in monetary policy: PBOC
BY ASIA TIMES STAFF
Official says central bank must pay more attention to the spread of risk between different markets, such as bonds, stock markets and the foreign exchange

Private fears about China’s private sector
BY GORDON WATTS
An influential report shows the country’s private sector is shrinking for the first time in two decades as calls for accelerating reform gather pace
​In crippling the World Trade Organization, the US disarms weapons against Chinese high-tech protectionism
Claude Barfield | AEIdeas 
If the Trump administration does not soon advance its ideas for updates, the World Trade Organization's (WTO) legal system will grind to a halt, and China’s violations of its WTO obligations may go unpunished.

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INFLATION IN IRAN

12/7/2018

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FDD
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WHAT THE HAN MASTERS WANT:  A WEAK, AMELIORATED UNITED STATES

12/7/2018

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JOHN B. TAYLOR FROM HOOVER INSTITUTION TACKLES CHINA, TARIFFS & US TRADE DEFICITS

12/6/2018

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Taylor On China And Trade And Ideas 
by John H. Cochrane via Grumpy Economist
Tim Taylor, also reviewing Summers on China, makes a few excellent points. Growth comes from within. Trade is not conquest.
John Cochrane On The John Batchelor Show
interview with John H. Cochrane via The John Batchelor Show
Hoover Institution fellow John Cochrane discusses his Hill article "Trump should send China flowers, not tariffs."
Ralph Gomory writes: If China’s President Xi is serious about ending conflict with the United States, he should end the actions his country is taking that destroy our industrial capabilities. If President Trump is serious about rebuilding our capabilities he should act to keep our companies from offshoring to China and incent them to consider the welfare of our country. Tariffs on goods from China are being considered and they should be. – The Hill
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AFTER THE G20:  US OFFICIAL POLICY MUST BE TOTAL DISENGAGEMENT WITH CHINA, HERE'S HOW TO MANAGE CHINA'S RISE AND FALL

12/4/2018

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It’s still unclear what the US-China trade war is really all about   
James Pethokoukis | AEIdeas
The G20 economies: Managing China’s rise — and eventual fall
Clay R. Fuller | AEIdeas 
China has captured an increasing share of G20 economic output, but its day of reckoning will come. The US needs to be prepared for when “Xi Jinping Thought” becomes “Xi Jinping Panic.”
The Deal Trump Should Strike With Xi
Geoffrey Garrett

Trump's Trade War Escalates
Allison Carnegie

How China’s Middle Class Views the Trade War
Cheng Li
 A new era of competition and warning of the consequences of a “new Cold War.” In Beijing, Xi has adopted a more activist foreign policy; in Washington, there is heated debate about the merits of the long-standing U.S. approach to engaging China and whether U.S. and Chinese interests are fundamentally incompatible.
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    BRAD SETER FOLLOW THE MONEY

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    US-CHINA TRADE WAR EXAMINED

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    TRADE WAR DIARIES

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    CROSS BORDER CAPITAL FLOWS

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    THE CHINA DIGEST

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    WHAT WILL INDIA LOOK LIKE IN 2025

    U.S. Needs Steady, Strategic Central Bank.wsj.pdf
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    The Federal Reserve Needs New Thinking pdf
    File Size: 211 kb
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    What Uber Can Teach the Fed pdf
    File Size: 150 kb
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    Trump, Trade & Money.pdf
    File Size: 333 kb
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