SinoAmerican Cold War erupts Downunder

Tuesday 9 October 2018

Last night we saw the SinoAmerican Cold War intensifying, via the FT:

China has accused Donald Trump of engaging in “misguided actions”, laying bare the mounting tensions between the world’s largest economies as their trade war threatens to escalate into a broader regional confrontation.

The rebuke to the US president, made during a visit to Beijing by secretary of state Mike Pompeo, comes just days after a stinging speech by Mike Pence, in which the US vice-president accused China of meddling in the US’s midterm elections.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.