The Buffalo Chronicle
Derek Scissors
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Trade deficit with China grows by $158 billion
BY DEREK SCISSORS Remember when our trade deficit with China mattered? Half-year figures for Sino-American goods trade were published Friday, but you’re in good company if you missed it. It’s hard for…
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American funding of China is becoming dangerous
BY DEREK SCISSORS Key Points American investment in the People’s Republic of China probably exceeds $1 trillion, most occurring in the past six years. The vast majority is portfolio investment—holdings of bonds…
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Report envisions partial decoupling from China
BY DEREK SCISSORS Key Points Partial decoupling from China is overdue. The People’s Republic of China (PRC) suppresses foreign competition and infringes intellectual property. It is an ugly dictatorship at home and…
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Misunderstanding US-China economic comparisons
BY DEREK SCISSORS Two weeks ago, the World Bank published new estimates putting China slightly ahead of the US in 2017 gross domestic product (GDP) adjusted for purchasing power parity (PPP). This is badly…
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Replacing phase 1: Options for dealing with China
BY DEREK SCISSORS President Trump should stop talking about China and act. First-quarter trade numbers show his “phase one” deal is a non-starter for 2020, not to mention dwarfed by COVID. The…
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SCISSORS: Parsing the ‘China Deal’ facts sheet
BY DEREK SCISSORS “Fact sheets” are public relations efforts. So it’s telling that the fact sheet for the US-China trade deal announced last week is not convincing — phase 1 is in fact a…
