Chinese stimulus plan – defend and spend
Don’t burst the bubble…
GM: INVESTOR DAY UPDATEBA: IT'S BADXOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOW
GM: INVESTOR DAY UPDATEBA: IT'S BADXOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOW
Just as European struggles once shaped the world, now it is the turn of Asia – more specifically, China, according to this fascinating interview with FT foreign affairs analyst Gideon Rachman. The swing away from the west is being defined as a process of “easternisation” and with President Trump seemingly intent on turning the US inwards, long-term American allies are reassessing their standing. Australia has already undergone a shift, with China becoming a more important trading partner than the US. China’s prime minister recently told Canberra: “We don’t want to see you Australians taking sides in the US-China dispute.” Other countries find themselves on similar unsteady ground, which is likely to be exacerbated by Trump withdrawing from the Trans-Pacific Partnership and allowing the Asian powerhouse to realign trade’s central orbit.
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