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Archive for the tag “trade”

How The WTO Changed China

Rather than judge China’s WTO entry in the categorical terms of success or failure, a more productive way forward would be to understand the ways in which WTO membership did lead to positive change within China—and when and why that positive change started to slow and then reverse. Joining the WTO had a stronger liberalizing effect in some parts of the Chinese state than in others, and that liberalization was more forceful at some points in time than at others.

Read Here | Foreign Affairs

Stuck In Trade War, US And China Face Uncertain Path To Deal

As the trade war between the world’s two largest economies nears the end of its first week, its most unsettling fact may be this: No one seems to foresee any clear path to peace. The United States insists that China abandon the brass-knuckles tactics it’s used to try to supplant America’s technological dominance. Yet Beijing isn’t about to drop its zeal to acquire the technology it sees as crucial to its prosperity.

Read Here | China Times

US Must Scrap Tariffs, End Restrictions On Chinese Tech, Wang Yi Says

Chinese Foreign Minister Wang Yi urged the United States to scrap tariffs on Chinese imports and remove restrictions on the tech sector, laying out conditions for restoring damaged China-US relations. Wang told a forum in Beijing that relations were at a critical point and the US must review its policy if ties were to be repaired after the damage of the former Donald Trump administration.

Read Here – South China Morning Post

Beijing’s Rise Rekindles EU-India Romance

There’s nothing like a common rival to forge a marriage of convenience. Even if, in the past, the EU and India never really clicked. Back in 2013, trade talks between Brussels and New Delhi went into snooze mode, weighed down by thorny topics like India’s agricultural protectionism and its generic pharmaceuticals. But there’s now a different mood in the air, as all eyes are on China.

Read Here | Politico

Why Europe and China Are Creating A Comprehensive Agreement On Investment

If ratified, then the CAI will be a de facto recognition that it is acceptable to conduct a wide range of business activity with a totalitarian communist government that has proven itself capable of violating human rights with exacting precision and no apology.

Read Here | The National Interest

Why Joe Biden Must Engage China

If the Biden administration were to attempt a complete reboot of American strategy towards China, it could chart a new path while picking up concrete benefits for the American economy and chipping away at Trump’s political base.

Read Here | The National Interest

Putting The Twenty-First Century Back On Track

The sense of optimism with which the West rang in the new century 20 years ago has long since been replaced by the shock of terrorist attacks, financial crashes, pandemics, and other crises. But if we broaden our perspective, we will see that none of the challenges facing us is insurmountable.

Read Here | Project Syndicate

A Brexit Trade Deal At last: EU And UK Clinch Narrow Accord

Britain clinched a Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant global shift since the loss of empire. “Deal is done,” a Downing Street source said. “We have taken back control of our money, borders, laws, trade and our fishing waters.”

Read Here | Reuters

How The U.S. Misread China’s Xi: Hoping For A Globalist, It Got An Autocrat

Mr. Xi’s swift reversal of more than three decades of apparent movement toward collective leadership and a less intrusive party has surprised both U.S. officials and much of the Chinese elite. In hindsight, though, the roots of his approach are visible in key episodes of his life.

Read Here | The Wall Street Journal

Reclaiming Our World Post-2020

As 2020 draws to a close, many of us cannot wait for this annus horribilis to end. And for good reason: this year has seen more than a million and a half COVID-19 deaths; an economic collapse far greater than that of the 2008 financial crisis; a boiling-over of resentment against decades of racial and social injustice; record numbers of wildfires decimating millions of acres of pristine forests; and locust plagues of Biblical proportions.

Read Here | IMF Blog

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