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The View from Beijing: Understanding China’s Perspective on the Trade War

February 25, 2019 By Dominic Morgan

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.

Filed Under: All Articles, China, Economy, Globalization, International Trade Tagged With: Globalization, International Trade, Sino-US

Kishore Mahbubani: the West Needs to Rethink its Strategic Goals for Asia

December 5, 2018 By Dominic Morgan

Few thinkers can speak about global governance with as much authority as Kishore Mahbubani. A former President of the United Nations Security Council, Permanent Secretary of Singapore’s Foreign Ministry and Dean of the renowned Lee Kuan Yew School of Public Policy at the National University of Singapore, he has been named “the muse of the Asian century”. In his latest book, due next year, Mahbubani plans to tackle the rising tensions between the US and China. As he explains, the US should embrace a more minimalist and strategic approach to foreign policy to maximize its interests in an era of Asian dominance.

Filed Under: China, Conversations, Economy, International Trade, The Thinker Interview Tagged With: China-US, International Trade

Trading Places: Is China Entering a Current Account Deficit?

November 26, 2018 By James Lord

China’s huge current account surplus was once the symbol of its status as the “factory of the world.” But in recent years, that surplus has been shrinking. Last year, it sank to 1.3% of GDP. The half-year deficit announced in August was the first in more than 20 years. Some economists predict China could soon be running a current account deficit. If that happens, it will be a watershed moment with implications for all manner of issues, from the policies Beijing is able to pursue to the status of the RMB as a global currency and maybe even the way the US finances its debt.

Filed Under: All Articles, China, Chinese Economy, Economics, Globalization, International Trade Tagged With: Trade

Tea for Ten: Southeast Asia Thinks on How to Engage with a Rising China

September 10, 2018 By Jens Kastner

The speed at which China has emerged as a major player in Southeast Asia is stunning. In 2000, total trade in goods between China and the 10 members of the Association of Southeast Asian Nations (ASEAN) was only $40 billion. By 2014, this had leaped to $480 billion, and is forecast to reach $1 trillion by 2020. Southeast Asia has become a strategic market for companies across the whole Chinese economy. Manufacturers are looking to offshore production in order to reduce labor costs, while tech companies are eyeing the region’s 633 million-strong consumer market as a new source of growth.

Filed Under: All Articles, Emerging Economies, Globalization, International Trade

Who Wins American Trade Wars?

August 29, 2018 By Bennett Voyles

“Trade wars are easy to win,” says US President Donald Trump. US-UK trade historian Marc-William Palen disagrees. In this interview, Palen, author of The “Conspiracy” of Free Trade: The Anglo-American Struggle over Empire and Economic Globalisation, 1846-1896, and senior lecturer in history at the University of Exeter (UK), argues that US politicians’ pursuit of trade wars in the 19th and 20th centuries yielded mostly short-term political gains for themselves and high, long-term economic and strategic costs to their country.

Filed Under: All Articles, China, Conversations, Globalization, International Trade

Brexit and China, a Discussion with Leslie Young

July 6, 2018 By Liu Sha and Yan Ran

China played a surprisingly prominent role in debates surrounding the UK’s 2016 referendum on leaving the EU. For leading “Leavers”, Brexit was a chance for Britain to free itself from a stifling Brussels bureaucracy and build stronger trade relations with upcoming powers like China. But those expecting a blossoming in China-UK relations after Brexit might be disappointed, says Leslie Young, Professor of Economics at CKGSB. Professor Young, who received a doctorate in mathematics from Oxford University in 1971, at the age of 20, and who is now a recognized authority in international economics, explains how Chinese business is likely to be affected by Brexit.

Filed Under: All Articles, China, Conversations, Globalization, International Trade Tagged With: Brexit, Sino-US, UK-China, UK-China Trade

Why US-China Trade Tensions Could Be Here to Stay

May 9, 2018 By Dominic Morgan

As Donald Trump signed the memorandum proposing the introduction of tariffs on $50 billion of Chinese imports on March 22, 2018, the president of the United States quipped, “This is the first of many.” He didn’t go back on his words. No one seems to be a winner, but the trade war goes on and the entire world is paying close attention. Although both sides express willingness to have talks, can the trade war be stopped? What’s the future for US-China relations?

Filed Under: All Articles, Chinese Economy, Globalization, International Trade Tagged With: China-U.S, Trade

Ioana Kraft on European Dreams and Chinese Realities

April 4, 2018 By Alex Wilson

Ioana Kraft began her career in international law, and moved to China 14 years ago. Since 2009, she has been the General Manager of the European Union Chamber of Commerce’s Shanghai chapter, working tirelessly to promote the interests of European businesses operating in eastern China. In this interview, she discusses the challenges and opportunities European businesses face in China.

Filed Under: All Articles, China, Globalization, International Trade, Multinationals in China Tagged With: eu chamber of commerce

Chinese Companies in India: Fighting for the Next Big Market

July 10, 2017 By Jens Kastner

Many people in India still have the impression that Chinese products are cheap and of low quality. Yet India’s smartphone market is 51% Chinese, which may surprise many Indians. And it’s not just smartphones: More Chinese companies, from new tech firms to traditional manufacturers, are heading to China’s southern neighbor, along with many of the largest multinational enterprises. Companies like Ebay, Apple and Uber, have all targeted India as their next growth market. For Chinese companies, though, India market entry might not be easy. They have to face both their old competitors as well as rising local Indian firms.

Filed Under: All Articles, Emerging Economies, International Trade

‘One Belt One Road’ Forges New Connections

April 20, 2017 By CKGSB Knowledge

China’s One Belt, One Road initiative is the fusion of two development schemes—the land-based Silk Road Economic Belt, and the 21st Century Maritime Silk Road. Together they comprise infrastructure between 65 countries containing 63% of the world population, more than 35% of global merchandise trade, and 30% of global GDP. To date about $ 150 billion in investment has been committed.

Filed Under: All Articles, Emerging Economies, International Trade, Know China Tagged With: Export, One Belt One Road

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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