US-China friction to grow no matter who runs White House

US-China friction to grow no matter who runs White House

(ATF) Following the coronavirus outbreak, renewed tensions between the US and China have complicated the delicate détente that both countries reached through the tenuous Phase I Trade Agreement — which halted the pattern of escalating tariffs and offered some incremental reforms to Chinese market practices. With the economic fallout caused ...

Continue reading

Biding time for Biden

Say it’s so, Joe

With bilateral relations in free-fall, Beijing is bracing for more turbulence in the run-up to the US election in November, and the possibility that a Joe Biden presidency presents an opportunity to avoid a deeper conflict. Washington's demand this week that China shut its Houston consulate in 72 hours infuriated ...

Continue reading

Epidemic has sped up investment flows to the East

Epidemic has sped up investment flow to the East

(ATF) For many global investors, they perceive investment in Chinese assets as an option, not a necessity. However, that much be changing. Indeed, it must change. The last couple of years has seen China rise to almost pre-eminent prominence in the global economy if only for the fact that the ...

Continue reading

Financial reforms and the China bull market 

Financial reforms and the China bull market 

(ATF) China’s financial reform program is alive and well and remains critical for its economic development. It is easy to lose track of progress or to conclude that these reforms are no longer a priority given current challenges and circumstances – trade and political tension between China, the US and ...

Continue reading

Investment decisions in volatile times

Investment decisions in volatile times

(ATF) In times like this, it is easy to forget that volatility is a necessary part of a healthy market. In fact, it can be used to reconfigure portfolios to operate more efficiently for the coming years. Volatile conditions currently in the market started in 2019 amidst a trade war, ...

Continue reading

Global economy needs a coronavirus vaccine – fast

Global economy needs a coronavirus vaccine – fast

(ATF) China is recovering smartly from the slump induced by Covid-19, but there will be no repeat of its single-handed global rescue act following the 2008-09 financial crisis. Indeed, with the pandemic still raging in many countries, the outlook for the world economy remains a lot gloomier than buoyant stock ...

Continue reading

How US made coronavirus tests a profitable disaster

How U.S. made Covid-19 tests a profitable disaster

A U.S. patient with Covid-19 symptoms gets tested, then waits over a week for the results. The story is by now familiar and sometimes tragic. Yet the stock market is telling a different tale. Shares in companies like Quest Diagnostics and Laboratory Corporation of America are soaring. Quest’s Chief Financial ...

Continue reading