The relationship between China and the US has been deteriorating further in the past months with escalated confrontational rhetoric and actions—some of them military—by both sides. While hopes for the world’s two largest economies to work together amicably are fading for the foreseeable future, the two need to find a way to live together for the good of everyone on the planet.
Young ASEAN Leaders
Pei Ling Tin, a Singaporean Member of Parliament and an active contributor to Singapore-China relations, explores the future of the China-ASEAN relationship.
Hopes, Fears and Decoupling
Craig Allen, President of the US-China Business Council, looks at the impact on businesses of deteriorating relations between the world’s two largest economies.
Are the US and China Decoupling?
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.
Alan Beebe: Unpredictable Underpinnings
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?
Stretched to the Breaking Point: WTO is Becoming Dysfunctional
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?
Your Move, US: What the China-EU Deal Means for the Trade War
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.
Codependent Partners: An Interview with Stephen S. Roach
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.
Multinational Companies in China: Stuck in the Middle
The Sino-US trade tussle has had the greatest impact on multinational corporations in China—precisely the group that the US started out trying to support. Many have begun considering radical courses of action to stay in business.
The View from Beijing: Understanding China’s Perspective on the Trade War
For many in Beijing, the trade war confirms long-held suspicions that the United States is determined to thwart China’s rise as the world’s next superpower. As a result, US demands that China abandon Made in China 2025 have also tended to be viewed by Beijing as being motivated not by concerns over fair competition, but by a desire to make sure America keeps its lead in the global innovation race. Public statements from senior figures in the Trump administration have fueled these concerns—the trade war not as an isolated incident, but part of a longer history of US attempts to undermine rival powers.
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