China: a bad time to tussle over tariffs

Investors may be overestimating China's vulnerability to a trade war, but a slowing economy and an overheated property market, it's not a good time.

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Harley's move to Europe: an unintended consequence of US protectionism
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Markets may be overestimating China's vulnerability to a trade war. As David Dollar points out on The Hill, the world's second-largest economy is far less dependent on exports than it was even ten years ago. What's more, one of the paradoxes of Trump's trade measures is that by creating global uncertainty they actually strengthen the value of the dollar, because it is the global reserve currency that investors tend to flee to in a crisis. That makes exporters in China and Germany even more competitive, at least in the short term.

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Markets editor

Alex is an investment writer who has been contributing to MoneyWeek since 2015. He has been the magazine’s markets editor since 2019. 

Alex has a passion for demystifying the often arcane world of finance for a general readership. While financial media tends to focus compulsively on the latest trend, the best opportunities can lie forgotten elsewhere. 

He is especially interested in European equities – where his fluent French helps him to cover the continent’s largest bourse – and emerging markets, where his experience living in Beijing, and conversational Chinese, prove useful. 

Hailing from Leeds, he studied Philosophy, Politics and Economics at the University of Oxford. He also holds a Master of Public Health from the University of Manchester.