Differing PRC–USA Priorities President Trump earlier said that he wanted a Phase One trade agreement to be signed by himself and Chinese President Xi Jinping, and hinted he would like it signed in the U.S. Chinese sources said that President Xi has distanced himself politically from the agreement, and that signing it in the U.S. would require some kind of quid pro quo. The South China Morning Post reported that the agreement will be signed in the U.S., but it will be Vice Premier Lui He’s imprimatur on the document. It is unclear if there was a “price” paid by Washington for the privilege of hosting, but one hint may be Beijing’s insistence that the U.S. honor the one-China policy when it comes to the increasi...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...