Xi Jinping risks setting off another trade war
Why Western politicians should prepare for a second “China shock”
China’s leaders are obsessed with lithium-ion batteries, electric cars and solar panels. These sorts of technologies will, Xi Jinping has proclaimed, become “pillars of the economy”. He is spending big to ensure this happens—meaning, in the years to come, that his ambitions will be felt across the world. A manufacturing export boom could very well lead to a trade war.
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This article appeared in the Finance & economics section of the print edition under the headline “Steel yourself”
Finance & economics January 13th 2024
- Xi Jinping risks setting off another trade war
- A guide to the Chinese Communist Party’s economic jargon
- Will spiking shipping costs cause inflation to surge?
- Bill Ackman provides a lesson in activist investing
- What happened to the artificial-intelligence investment boom?
- Has Team Transitory really won America’s inflation debate?
From the January 13th 2024 edition
Discover stories from this section and more in the list of contents
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The great-man theory of Wall Street
Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer
