To China, All’s Fair in Love and Trade Wars
China has more leverage in its trade war with the U.S. than you think.
Michael Schuman | The Atlantic
Just how bad are things between the United States and China? Over an evening beer in Beijing this week, a friend and I debated which prominent American company China would whack first. It’s a serious question — and the answer could be the next ugly step in the escalating economic dispute between the two powers.
The standard line from President Donald Trump and those who support his get-tough approach toward Beijing is that because China sells more to the U.S. than the other way around, Washington has the upper hand in its game of tariffs. “China buys MUCH less from us than we buy from them,” Trump recently tweeted, “so we are in a fantastic position.” Continue reading
India: Rahul Gandhi: Is this the end of the Gandhi dynasty? – commentary
Rahul Gandhi
On May 29, 2019 when Indian PM Narendra Modi won a landslide victory in the Indian elections, Rahul Gandhi, the scion of the Nehru-Gandhi dynasty and leader of India’s Congress party, emerged at the other end, battered and mauled.
He is the primary heir to the ultimate poli tical dynasty. His great-grandfather, Jawaharlal Nehru, was the first and longest-serving prime minister of India. His grandmother, Indira Gandhi, was the first female prime minister of the country, and his father was India’s youngest prime minister.
If the 2014 election was Congress’ worst political showing ever, Thursday’s (May 29, 2019) poll delivered a double blow to Mr Gandhi. Congress won just over 50 seats against the 300 plus that Mr Modi’s BJP got; and if that was not bad enough, he lost his own seat in the family bastion of Amethi in Uttar Pradesh.
READ MORE: https://www.bbc.com/news/world-asia-india-48391041
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