China infrastructure pullback: The latest data from China has revealed a substantial slowdown in infrastructure investment growth, writes Steve Wang. The data also showed that money going into real estate development has slowed for the first time since November, with both seen as indications that Beijing’s hard-nosed determination to cure ills in its non-bank financial system could result in a dampening effect on overall growth. READ THE STORY HERE
China America war? Graham Allison’s new book, Destined for War, addresses the question: “Can America and China Escape Thucydides’s Trap?” George Koowrites that the book is a tour de force in its identification of all the different ways powers can head to war and, given the state of tension between the two powers, its publication is timely. READ THE STORY HERE
Silk Road troubles: China’s cardinal foreign policy imperative is to refrain from interfering abroad while advancing the proverbial good relations with key political actors. Pepe Escobar writes that it will be gut-wrenching for Beijing to watch the current, unpredictable, Saudi-Qatari standoff as it cannot but translate into major trouble ahead for the New Silk Roads. READ THE STORY HERE
OBOR is sustainable: The costs of China’s One Belt, One Road project are sustainable and won’t reach into the trillions of dollars, says David Dollar, a former World Bank official and US Treasury emissary to Beijing. Doug Tsuruokawrites that Dollar also thinks India must participate if China’s plan is to succeed but downplays the possibility of Chinese participation in President Donald Trump’s plan to rebuild US infrastructure. READ THE STORY HERE
China infrastructure pullback: The latest data from China has revealed a substantial slowdown in infrastructure investment growth, writes Steve Wang. The data also showed that money going into real estate development has slowed for the first time since November, with both seen as indications that Beijing’s hard-nosed determination to cure ills in its non-bank financial system could result in a dampening effect on overall growth. READ THE STORY HERE
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