Given their ongoing differences, what will the future of China-US relations look like? After more than 40 years of growing ties, the economies of China and the US are now deeply intertwined, and decoupling to any degree would mean a disentangling of enormous complexity.
With no immediate end in sight for the trade war between the world’s two largest economies, and with no signs of a fundamental easing of tensions between China and the United States, how are American companies in China caught in the crossfire coping?
Jun Wu, founder of venture capital company AMINO Capital, explains the challenges facing China’s nascent information-technology sector Jun Wu joined Google in 2002 as a senior expert and was a major contributor in developing the Google Search Engine for Asian languages, later becoming a pioneer in combating internet search fraud. He also served as vice […]
China’s massive outward direct investment spending spree has stalled after a series of policy shifts and strong capital controls. What happens next?
Chinese VC funds are muscling out international VC funding in the China market. What does this mean for startups and the development of China’s tech system?
Co-working spaces are a booming industry concept in China thanks to billions of dollars in funding. But how long before the lack of profits causes a shake-out? Walk into any of the most popular co-working spaces in China and you will instantly understand their appeal. They feel different to the average office, with their stylish designs, open office plans, laidback atmosphere, endless supplies of coffee and beer, and trendy young unicorn-hopefuls bouncing around.
China’s economy seems to be slowing faster than the government would like, and US trade war tariffs are just one of the issues weighing down overall growth and threatening hopes for a choreographed and gradual deceleration. The last time this happened in 2008, Beijing responded with massive stimulus spending, thereby creating a debt mountain. This time, what should the economic planners do?
The WTO is the world’s primary trading system, comprised of 164 member-economies scattered across all of the world’s five continents, and it is obviously in the interests of the world that it works effectively. But growing disputes between China and the Western economies are making the World Trade Organization increasingly dysfunctional. Could the result be a radical overhaul of the global trading system?
Europe is not used to getting its way in trade negotiations with China. But that is exactly what appeared to happen at the EU-China Summit recently. In the days leading up to the meeting in Brussels, it looked like the two sides would fail to agree a joint statement for a third straight year. European Union ambassadors complained of the “slow and difficult” talks with their Chinese counterparts. Just four days ahead of the summit, one diplomat told Euractiv that Brussels and Beijing remained “worlds apart” on several key issues. But all that changed when the Chinese side made a last-minute push to secure a deal.
The rapid deterioration in relations between China and the US over the past 12 months has left many scratching their heads and wondering how we got here. Stephen S. Roach is not one of those people. A former Chief Economist of Morgan Stanley and currently Senior Fellow at Yale University’s Jackson Institute for Global Affairs, Roach has been watching the development of Chinese-US relations closely for more than three decades. For him, a tariff war between the world’s two largest economies was as predictable as it is harmful.