Washington has framed its China containment strategy around the concept of a "small yard, high fence." Huawei and DeepSeek suggest the policy is an abject failure.| stephenroach.substack.com
China's trade-in stimulus is an oxymoron — it rearrages replacement demand rather than creates a new stimulus to a floundering Chinese economy.| stephenroach.substack.com
Is she boxed in on China?| stephenroach.substack.com
A transactional approach with a silver lining| stephenroach.substack.com
Project Syndicate: July 10, 2024| stephenroach.substack.com
The re-run of an old movie on steroids| stephenroach.substack.com