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looking beyond borders

foreign policy and global economy

Archive for the tag “Trade war”

The Trade War Is Not Only About Trade

While it is tempting to frame this trade conflict in the context of America becoming tiresome of the treatment of its businesses, this does not capture the true nature of the dispute or its entrenchment and longevity. This is a “restarting of history”—a return of economic and governance ideologies battling for supremacy.

Read Here – The National Interest

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Xi Calls For ‘New Long March’ In Dramatic Sign That China Is Preparing For Protracted Trade War

Chinese President Xi Jinping has called for the nation to embark on a new Long March and “start all over again”, in the most dramatic sign to date that Beijing has given up hope of reaching a trade deal with the United States in the near term. Xi is in Jiangxi province for his first domestic tour since the escalation of the trade war two weeks ago. Jiangxi is where China’s defeated Red Army started its fabled Long March in 1934.

Read Here – South China Morning Post

Also Read: China Raises Threat of Rare-Earths Cutoff To U.S. 

Beyond The China-US Trade War: What Next For The World’s Two Giants?

The wide differences and deep distrust between the two powers has been highlighted again with the latest abrupt turn in the bilateral trade negotiations. With or without a trade deal, the turbulence in economic ties, widely viewed as the ballast of China-US relations, heralds more choppy waters ahead.

Read Here – South China Morning Post

The Truth About The US-China Clash Of Civilisations? There Isn’t One

The current media-designated “war” between the, investment and technology has, unsurprisingly, revived a previously dormant discourse on differences between “Asian” (here, “Chinese”) vs “Western” (“American”) values that many believe portend the “clash of civilisations” advanced by Harvard political scientist Samuel Huntington in 1993, and repeatedly embellished by numerous acolytes since.

Read Here – South China Morning Post

China’s Lawmakers Are Gearing Up For A New World Order As ‘Two Sessions’ Approach

As China battles a trade war and international suspicion, delegates at this year’s National People’s Congress can no longer concern themselves only with domestic issues, analysts say And as the 70th anniversary of Communist Party rule draws ever nearer, the last thing Beijing needs is more disruption.

Read Here – South China Morning Post

Trump, Xi Declare Truce On New Tariffs As Trade Talks Continue

President Donald Trump and Chinese President Xi Jinping agreed to a temporary trade ceasefire to allow time for more negotiations. The move means that U.S. tariffs on $200 billion worth of goods will not rise to 25 percent on Jan. 1, from 10 percent currently. As part of the deal, China agreed to buy “a very substantial amount of agricultural, energy, industrial, and other product from the United States to reduce the trade imbalance between our two countries,” White House Press Secretary Sarah Huckabee Sanders said in a statement.

Read Here – Politico

Also read: Trump’s Slump: What The US And Chinese Leaders’ Body Language Tells Us About Their G20 talks

The US And China Are The Closest Of Enemies

After years of economic symbiosis in which the US purchased low-cost Chinese imports and China purchased US Treasuries, China has begun to pursue the prerogatives of a superpower, and the US has responded in kind. As a result, both countries are becoming more alike, particularly in their belief that there can be only one winner.

Read Here – Project Syndicate

Will Donald Trump And Xi Jinping Rekindle Their ‘Great Chemistry’ At The G20 Summit?

Chinese and American officials may have spent weeks preparing for the high-stakes summit between Xi Jinping and Donald Trump this weekend, but any hopes of resolving the current trade war may ultimately hinge on their personal chemistry. Their encounter in Buenos Aires on the sidelines of the G20 summit will be the first face-to-face meeting between the two leaders in nearly a year – and the first since Trump started the trade war over the summer.

Read Here – South China Morning Post

Is A Thaw Coming In US-China Relations?

The news about U.S.-China relations has been decidedly negative lately, particularly since U.S. Vice President Mike Pence’s fiery speech criticising the Chinese government on October 4. But now, amid the trade war and continuing tensions in the South China Sea, there are glimmers of hope for a thaw.

Read Here – The Diplomat

China’s Third-Quarter Growth Rate Slows More Than Expected As Economy Feels Trade War Impact

China’s economy grew at a slower quarterly pace than expected, expanding 6.5 per cent in the three months ended September, as the country’s trade war with the US exacted a toll on exporters and manufacturers. The quarterly growth pace lagged the 6.6 per cent expected in a Bloomberg poll of economists, and was slower than the 6.7 per cent clip in the second quarter, according to data released by the National Bureau of Statistics in Beijing.

Read Here – South China Morning Post

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