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Another difference is their ambitions. Xi Jinping wants to change China, while Nguyen Phu Trong still appears mostly committed to changing the Vietnamese Communist Party. In a sense, Trong is rather “monothematic.” His goals have been to clean up the Party through a monumental anti-corruption campaign; purify Party membership through a morality campaign; recentralize power […]

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Shanghai is the worst performing of the world’s equity markets since peaking in January, and it could remain under pressure until trade tensions ease up. U.S. tariffs on $34 billion in Chinese goods went into effect Friday, and China retaliated with its own tariffs right away. Wells Fargo strategists give chances for a full blown […]

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