A Trade War of the Worlds

In 2014, China held over a third of U.S. debt, amounting to nearly 18 trillion USD.  In just four years, that number has dwindled to a paltry 1.18 trillion, due in large part to China’s rapid sell-off of American currency.  In the past, nations sought U.S. dollars as a guarantee to ensure fiscal stability due…

Growth Powers Belt and Road

China and the US in the recent G20 Summit traded barbs regarding China’s Steel overcapacity which is having a drastic impact on the world steel market.  The US particularly sees the PRC’s steel over production  as a threat to its own industries.  However this is also complicated by the socioeconomic changes within the US in…