June 2018 Newsletter
Dear friends of IFRTT, China is at the center of world affairs. Firstly we have the looming trade war between the US and China (and now also Europe) and secondly we have the North Korea issue, where China has been playing an active, but low profile role to stabilize the situation on the Korean peninsula. We all now keep our fingers crossed that the meeting between president Trump and Kim Jung’un will be successful. At the center of the trade war issue is a China that has been dragging its feet in opening up markets and reforming its economy. That together with unbalanced trade and investment flows with US and the EU has created tensions. Add to this a China with a political system that the West does not comprehend and an increasingly militarily assertive China and we have a very pungent cocktail. But, maybe the real core issues are... Read More