Published Articles

If the Trump tax cuts succeed in boosting growth and (especially) in convincing companies to repatriate profits currently held overseas, look for the U.S. trade deficit to widen even further in 2018 as the money pours in. READ MORE

January 12, 2018

The next time you see an alarmist report about China dumping the Dollar, just ignore it; the currency that matters in China will always be the U.S. Dollar. READ MORE

January 11, 2018

India as a whole won’t reach middle-income status until it unites its poorer states into the same Incredible India economy as the rest of the country. READ MORE

January 10, 2018

China has pulled out all the stops to keep its economy growing, at least until the 2021 centenary of the founding of the Communist Party of China. READ MORE

January 9, 2018

The Treasury Department is probably right to be concerned about a Chinese company buying MoneyGram and using it as a platform to enter the U.S. payments market. READ MORE

January 3, 2018

Beyond the app economy, it is difficult to see how India could break into — let alone climb — the kinds of major global value chains that could bring truly transformative economic growth. READ MORE

January 2, 2018

Besieged by spiraling debt, saddled with moribund state industries, surrounded by hostile neighbors, and facing a potential population meltdown, China is in no shape to conquer the world. READ MORE

December 31, 2017

China plans to send 4,000 trains to Europe in 2018, potentially carrying as much freight as 100 container ships — or as little as one days’ business at the Port of Shanghai. READ MORE

December 28, 2017