President Donald Trump is in Switerland to attend the world economic forum in the snowy countryside of the Alpine state. Trade ministers from around the world will pay heed to his words as he explains the position of the US regarding international trade balance and how it will be addressed in the immediate future. China will especially take note as new sanctions targeted Chinese nationals this week. Some of those nationals have been instrumental in providing assistance to North Korea's access to international hard money. Some have had their assets and accounts in the USA seized by the Treasury Dept., or frozen as these individuals respond to inquiries about the activities involving North Korea's trade.
Early comments acknowledge that China's trading policies are patently unfair. A court ruling this week identified a Chinese company as one that has stolen propriety information and caused a US company to the brink of bankruptcy and the loss of hundreds of domestic jobs. Certainly, Mr. Xi, Chinese Premier, will take note. This week also saw Chinese Government officials seize a former Chinese national who is a citizen of a foreign country. It appears that the position of Chine is that once a Chinese, you are always a Chinese citizen and subject to arrest anywhere and anytime if you are the subject of an investigation for any trumped up reason, or any other suspicion found by Security agencies(of which there are many).
Welcome to Davos-Take notes, have fun.
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