The problems affecting the US-China trade relationship involve both economic and geopolitical issues, which really are separate in nature.
The US government has been mired in chaos since Donald Trump came into power. It seems that the United States is preparing to launch a “civil war” rather than a trade war.
China unveiled plans on Friday to impose tariffs on 128 products in seven categories from the United States
Slow and Steady Does it for the Chinese Economy in 2018: Be Alert that Elephant Trump is in the Room
This year, Chinese economic growth is expected to slow slightly as the government continues to lay the necessary groundwork for a new economy, emblematic of a China Dream, where qualitative growth and sustainability are free to flourish.
The US, as a member of WTO, has no authority to judge whether another WTO member (China, for instance) is a market economy. On the other hand, no other WTO members are trying to grant or refuse the US market economy status.
Jake Parker, vice president of the U.S.-China Business Council, delivered a keynote speech at the seminar and exchanged views with other experts on issues including Sino-U.S. diplomacy, trade and development.
If the leaders of the world’s two largest economies become “brothers”, then everything is easy to discuss.
Describing a foreign policy as “isolationist” usually carries a derogatory sense. However, according to my studies in American history, isolationism, as I see it, has been part of the core of the United States since its founding.
On August 14 US President Donald Trump issued a presidential memo directing the United States Trade Representative (USTR) to conduct a Section 301 investigation into China. Robert Lighthizer, the USTR, subsequently announced the process.
Trump explained the reason behind the move as China’s “forced technology transfer” and “theft of American IP”, and called the investigation “a very big move” and “just a beginning.”
Americans’ perception of China differs significantly between the general public and a cohort of elite opinion leaders. Certainly, it is something neither exceptional for, nor unique to, the United States, as the differences in education, knowledge and experience between the elite group and the general public predetermine that this type of perception gap exists in any major countries in the world. However, the scope, intensity and root causes of this perception gap of China have created a bipolar political environment in the U.S. that overshadows the China-U.S. bilateral relationship. In general, the elite opinion leaders in the U.S. have a rather up-to-date, pragmatic, and rational view of China. This doesn’t mean that all of them have benign, friendly, and warm-hearted attitudes toward China. Quite the contrary, some of America’s leading experts on China hold very negative, even hostile view of China, and never refrain from voicing their strong opinions. However, compared with American elites’ view of China, general public’s perception of China lags behind the reality by such an unfathomable distance that it is as if these two groups of people come from two paralleled universes. For example, according to the Gallup public opinion polls from 2011 to 2013, for three consecutive years, a majority of Americans (53%) believed, mistakenly, that China is the leading economic power in the world. […]