2 Comments

All of the items in China's gift basket were generated by the Pacific Island Community.

China remained neutral during the process.

FM Wang Yi left the region three days ago.

Today, East Timor, PNG, Fiji, The Solomons, Samoa, ​​Kiribati, and Tonga have signed deals with China and the remainder will sign by year's end.

Anticipatory pessimism, the hallmark of Western coverage of China, has always been wrong:

1990. China's economy has come to a halt. The Economist

1996. China's economy will face a hard landing. The Economist

1998. China's economy’s dangerous period of sluggish growth. The Economist

1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada

2000. China currency move nails hard landing risk coffin. Chicago Tribune

2001. A hard landing in China. Wilbanks, Smith & Thomas

2002. China Seeks a Soft Economic Landing. Westchester University

2003. Banking crisis imperils China. New York Times

2004. The great fall of China? The Economist

2005. The Risk of a Hard Landing in China. Nouriel Roubini

2006. Can China Achieve a Soft Landing? International Economy

2007. Can China avoid a hard landing? TIME

2008. Hard Landing In China? Forbes

2009. China's hard landing. China must find a way to recover. Fortune

2010: Hard landing coming in China. Nouriel Roubini

2011: Chinese Hard Landing Closer Than You Think. Business Insider

2012: Economic News from China: Hard Landing. American Interest 

2013: A Hard Landing In China. Zero Hedge 

2014. A hard landing in China. CNBC

2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 

2016. Hard landing looms for China. The Economist

2017. Is China's Economy Going To Crash? National Interest

2018. China's Coming Financial Meltdown. The Daily Reckoning.

2019 China's Economic Slowdown: How worried should we be? BBC2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times

2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg

2022. The China cushion has deflated FT/Stephen Roach

Expand full comment

All of the items in China's gift basket were generated by the Pacific Island Community.

China remained neutral during the process.

FM Wang Yi left the region three days ago.

Today, East Timor, PNG, Fiji, The Solomons, Samoa, ​​Kiribati, and Tonga have signed deals with China and the remainder will sign by year's end.

Anticipatory pessimism, the hallmark of Western coverage of China, has always been wrong:

1990. China's economy has come to a halt. The Economist

1996. China's economy will face a hard landing. The Economist

1998. China's economy’s dangerous period of sluggish growth. The Economist

1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada

2000. China currency move nails hard landing risk coffin. Chicago Tribune

2001. A hard landing in China. Wilbanks, Smith & Thomas

2002. China Seeks a Soft Economic Landing. Westchester University

2003. Banking crisis imperils China. New York Times

2004. The great fall of China? The Economist

2005. The Risk of a Hard Landing in China. Nouriel Roubini

2006. Can China Achieve a Soft Landing? International Economy

2007. Can China avoid a hard landing? TIME

2008. Hard Landing In China? Forbes

2009. China's hard landing. China must find a way to recover. Fortune

2010: Hard landing coming in China. Nouriel Roubini

2011: Chinese Hard Landing Closer Than You Think. Business Insider

2012: Economic News from China: Hard Landing. American Interest 

2013: A Hard Landing In China. Zero Hedge 

2014. A hard landing in China. CNBC

2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 

2016. Hard landing looms for China. The Economist

2017. Is China's Economy Going To Crash? National Interest

2018. China's Coming Financial Meltdown. The Daily Reckoning.

2019 China's Economic Slowdown: How worried should we be? BBC2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times

2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg

2022. The China cushion has deflated FT/Stephen Roach

Expand full comment