How Trump’s unique approach drives US economic policy.

Chinese antitrust regulators have launched an investigation into potential price-fixing among foreign memory chip-making giants Hynix, Micron, and Samsung. In the contentious trade environment, speculation about the reasons behind this investigation may cast it in a more suspicious light than necessary. Despite the contentious U.S.-China tech rivalry, this Chinese price fixing investigation appears to be unrelated.

The escalating rivalry between Alibaba and Tencent and the two firms’ anti-competitive tactics appear to have drawn little regulatory scrutiny from the government. That may be in part because the Chinese government is so eager to grow its domestic tech sector that it is reluctant to interfere with two of its most successful firms.

The concept of reciprocity on trade is lost in translation between Chinese and American negotiators. We cannot allow a mistranslation to jeopardize such an important relationship.

The producer-consumer relationship between China and the US underpins the current global trade landscape, and it is unlikely to change in the short run because of a trade war.

President Trump’s measures to help ZTE get back in business are based on flawed logic. They suggest that steel and aluminum is more crucial to America’s national security than semiconductor chips, which are extremely pervasive globally and used in modern warfare. This is absurd, Patrick Mendis and Joey Wang argue.

Although many interests in the U.S., China and around the world will be damaged if the world’s two largest economies engage in a trade war, it is likely that Trump would have to back down first, increasing China’s global power and influence.

This century is supposed to be China’s century, the result of forty years of hard-won prosperity on the back of tough-minded reform and sacrifice. That still might happen, but the outcome rides heavily on whether a new generation of leaders are able to resurrect the magic of China’s economic exceptionalism.

The only way to mitigate the risks that China faces is with a tough, continuous, and comprehensive reform strategy.

A pending link up between the London and Shanghai stock markets promises to greatly enhance investment opportunities between them. The new Shanghai-London Stock Connect will also make China access more readily available to other European investors.