John Authers, Columnist

Use the Force on China? There's Just One Problem

September 30, 2019 at 4:00 AM UTC

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

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President Trump believes that trade wars are good, and easy to win. Many disagree. But what about capital wars?

Friday brought the revelation by Bloomberg News that the White House was considering measures to limit portfolio capital flows into China. We’ve since had a clarification that this wouldn’t mean blocking Chinese companies from listing in the U.S., while Chinese authorities have vowed to continue opening their markets to foreign capital.