Li Daokui, Mansfield Freeman Professor of Economics at Tsinghua University and former advisor to China’s central bank, says that when it comes to China, U.S. Treasury Secretary Janet Yellen is a “preferred person” compared with Secretary of State Antony Blinken.
Paul Triolo of Albright Stonebridge Group said China’s export curbs on chipmaking metals is a way of giving itself a “tool” to fight back against the U.S. and Europe which have blocked its access to advanced chip technology.
Any bad news on the Chinese economy now is probably “good” because the market is expecting decisive policy support to stimulate growth, says Jason Hsu, chairman and chief investment officer of Rayliant Global Advisors.
Hungary’s foreign minister Péter Szijjártó says that efforts by Europe to decouple or derisk from China would be an act of economic suicide. He adds that a cooperative Europe can benefit from ties with Beijing.
Wagner leader Yevgeny Prigozhin led an armed rebellion against Russia President Vladimir Putin in an “unprecedented insubordination,” says Eurasia Group’s Ian Bremmer.
Raymond Vickery of the Center for Strategic and International Studies says there’s been “continued progression” in the relationship between the United States and India.
Neil Thomas, a fellow in Chinese politics at the Asia Society Policy Institute, discusses German Chancellor Olaf Scholz’s meeting with Chinese Premier Li Qiang, noting the differences in language that Scholz and U.S. Secretary of State Antony Blinken have used with China.
Benjamin Diokno, Philippine secretary of finance and former governor of Bangko Sentral ng Pilipinas, discusses the areas of the economy that the country plans to develop, such as tourism, infrastructure and electric vehicles.
Carl Vine of Japan’s M&G Investments says consumers are more willing to accept price hikes and companies are much more proactive in thinking about price-setting mechanisms.