Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing.
1. Economists reveal the simple secret to Trump’s ‘crazy’ tariff plan
“This is to economics what creationism is to biology,” says Lawrence Summers, ex-treasury secretary and National Economic Council director.
2. Donald Trump’s pick for Beijing envoy affirms US commitment to one-China policy
President Donald Trump’s nominee for ambassador to Beijing said on Thursday that the US leader’s strategy for China would involve “some pain” and claimed that allies must do more to counter the Asian country.
3. From Guangdong to LA, tariff superstorm alters course of business expansions
Businesses rethink plans after Trump unleashes whirlwind of tariffs, and analysts say that while trade barriers might be overcome, others must “abandon wishful thinking”.
