The DailyBrief

Friday December 23, 2016

Just who is Peter Navarro, the newly appointed head of President-elect Donald Trump’s White House National Trade Council? In the first in a series by Asia Times writers profiling key individuals in Trump’s cabinet, Harry J. Kazianis, the director of defense studies at the Center for the National Interest in the US, says that the economist’s elevation betides an awakening when it comes to US understanding of the motives and aspirations of China.

India has just offered the world an object lesson in how not to demonetize, writes long-standing Asia Times contributor Chan Akya in the first installment of a two-part series on the policy and its impacts. The reasons for demonetization are sound, he believes, but its execution has been bungled.

The United States has returned Alibaba’s Taobao, China’s most popular consumer-to-consumer shopping website, to its blacklist of “notorious marketplaces” known for trading counterfeit goods and violations of intellectual property rights. The move by the US Trade Representative’s office against the online bazaar followed complaints from US and international trade groups for apparel and luxury goods that Taobao was not doing enough to police sales of fakes and pirated products.

In the second of a two-part series of articles on the beneficial impact of Chinese students on US colleges and universities and their local economies, Doug Tsuruoka says that if the number of Chinese and other foreign students were to plunge in the wake of Donald Trump’s election as president there would be a clear economic fallout.

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