2018-03-03 11:37:00 Sat ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
President Xi seeks Chinese congressional approval and constitutional amendment for abolishing his term limits of strongman rule with more favorable trade deals and economic ties. Foreign investors now activate their keen interest in Chinese tech titans such as Baidu, Alibaba, and Tencent (BAT). Baidu specializes in Chinese online search; Alibaba focuses on international e-commerce and fintech solutions; and Tencent derives most of its revenue from Chinese instant messengers such as WeChat and Tencent QQ, online games, and other entertainment and lifestyle software solutions. BATs operate as oligopolies with hefty competitive moats that manifest in the form of patents, trademarks, copyrights, and some other intellectual properties. Their high product market concentration serves as a major explanation for worse income and wealth inequality in China.
President Xi's strongman rule can further entrench these Chinese tech titans with product market dominance. This new Sino political economy defeats the western purpose of admitting China into the World Trade Organization (WTO) after the key post-war collapse of the Soviet Union. China resists both regional trade integration and global economic order and thus often fails to comply with WTO trade rules on fair trade and intellectual property protection.
Few mainland residents embrace democracy, economic freedom, and the rule of law in China.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-04-29 13:44:00 Sunday ET
College education offers a hefty 8.8% pay premium for each marginal increase in the number of years of intellectual attainment in contrast to the 5.6%-6% lo
2019-01-15 13:35:00 Tuesday ET
Americans continue to keep their financial New Year resolutions. First, Americans should save more money. Everyone needs a budget to ensure that key paychec
2018-05-05 07:33:00 Saturday ET
Warren Buffett shares his fresh economic insights and value investment strategies at the Berkshire Hathaway shareholder forum in May 2018 despite the new GA
2020-10-27 07:43:00 Tuesday ET
Most agile lean enterprises often choose to cut costs strategically to make their respective business models fit for growth. Vinay Couto, John Plansky,
2025-03-03 04:11:06 Monday ET
Is higher stock market concentration good or bad for Corporate America? In recent years, S&P 500 stock market returns exhibit spectacular concentrati
2019-06-09 11:29:00 Sunday ET
St Louis Federal Reserve President James Bullard indicates that his ideal baseline scenario remains a mutually beneficial China-U.S. trade deal. Bullard ind