Contents

Trade War or Truce?

-Trump-Xi Meeting Declares a Trade War Truce, Paving Way for Further Talks by Dong Jinyue and Xia Le

-America’s Self-Defeating China Policy by Andrew Sheng and Xiao Geng

-Trump's Trade Policies Backfiring by Desmond Lachman

-Opening for US by Mark Sobel

-The Fateful Arrest that Could Poison America’s Relationship with China by Doug Bandow

Global Economy

-Speedy Communication Needed by David Marsh and Ben Robinson

-Global Momentum Abating by David Skilling

-US faces twin deficit crisis by Desmond Lachman

-Proposals for new Brexit statecraft by Joergen Oerstroem Moeller

China

-Is China Cooling by Steve H. Hanke

-Belt and Road Boosting Economic Globalization by Tu Yonghong

-China’s Four Traps by Andrew Sheng and Xiao Geng

-Market Rescue by Hong Hao

-Peering into China’s Local Government Debt by Dong Jinyue and Xia Le

-Renminbi's Global Reserve Share Rising by Gary Smith

Monetary & Fiscal Policy

-The Fed’s Misleading Money Supply Measures by Steve H. Hankes

-ER Policy for RMB by Herbert Poenisch

-ECB Must Address QE Misallocation Risk by Frank Westermann

-Decision Time for US Deficit by Seema Shah

-ECB Faces QE Dilemma by Marchel Alexandrovich

Green Economy

-Incorporating Climate Risk in QE by Danae Kyriakopoulou

-Central Banks Greening Financial System by Danae Kyriakopoulou

Working Paper

-Nonlinear Monetary Policy and Macroeconomic Stabilization in Emerging Market Economies Evidence from China by Ma Yong

-A Tale of Two Markets for the Redback by Dong Jinyue and Xia Le