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Thanks to Simon Johnson, Eddie Fishman, Anindya Novyan Bakrie, and Karen Kornbluh for an insightful discussion on the pressures reshaping global trade. Watch the session here: bit.ly/3GDfiJd Milken Institute | Eddie Fishman | Karen Kornbluh #MIGlobal

#China deploys a measured easing package—not to stimulate sharply, but to defend market stability. With "expectations management" now joining traditional policy tools, #Beijing signals preparation for prolonged economic headwinds rather than quick #TradeWar resolution.

Read my op-ed for CNA: bit.ly/4mnWWw9 While both #US and #China have substantially reduced #tariffs to ease economic strain, strategic export controls remain firmly in place and deep ideological divides mean a lasting resolution is unlikely.

The idea that #HongKong no longer needs the US #dollar peg is gaining traction in some corners of the financial world. At Enodo Economics, we recently co-chaired a closed-door roundtable with Asia Society Policy Institute (ASPI). The future of the peg was a focal point. Read more: bit.ly/44enWqI