Trump wants to inflict more trade pain; Xi's southern tour and soothing words; Officials try to stabilize markets and instill confidence; Wang Qishan goes to Israel

Xi Jinping has arrived in Guangdong for what some seem to be hoping will be a New Era version of Deng Xiaoping's 1992 Southern Tour that unleashed a new wave of reform following nearly three years of repressive policies in the aftermath of June 4, 1989. It is a lot harder to unleash reform now than it was 26 years ago so consider me wary of the coming p…

Start FREE trial for full access

This post is for paying subscribers