Bill Bishop

2 weeks ago | sinocism.com | Bill Bishop

US tariff abuse will impact China, but "the sky won't fall". The US government's imposition of a 34% tariff on China, added to previously imposed tariffs, will severely restrict bilateral trade and inevitably cause short-term negative effects on our exports, increasing economic downward pressure…Facing US variability and extreme pressure, we haven't closed the door to negotiations, but we don't harbor wishful thinking either, having made various preparations to respond to impacts.

3 weeks ago | sinocism.com | Bill Bishop

There were only rhetorical reactions to the new tariffs on Thursday. It is certainly possible that the three-day Tomb Sweeping Holiday (清明节) that runs from Friday through Sunday means there may be no substantive response at least until Monday. Summary of today’s top items:1.

3 weeks ago | sinocism.com | Bill Bishop

President Trump announced he is adding a 34% tariff on most imports from China. I believe this new round is on top on the 20% he added for Fentanyl, so at 54% he is close to the 60% he promised during his campaign, and these are in addition to the existing tariffs from the previous administration, so I think the US tariff rates on some Chinese imports may now be over 70%.

3 weeks ago | sinocism.com | Bill Bishop

Summary of today’s top items:1. Exercises/rehearsals around Taiwan - On March 13th Taiwan President Lai Ching-te convened a high-level national security meeting and later outlined 17 key strategies to counter five major threats from China. These threats include challenges to Taiwan’s sovereignty, espionage targeting its military, efforts to obscure national identity, societal infiltration through cross-strait exchanges, and economic inducements to attract Taiwanese businesspeople and youth.

3 weeks ago | sinocism.com | Bill Bishop |Jonathan V. Last

Bill Bishop, author of the Sinocism newsletter, chats with experts from around the world to help us all get smarter about China. Topics discussed include politics, foreign relations, business, finance, culture, history and markets. It started as a podcast but is now video too. Nearly 360,000 investors, policymakers, executives, analysts, diplomats, journalists, scholars and others read Sinocism for valuable insights into China.