The debate about whether it is U.S. consumers or Chinese businesses that pay for American tariffs on Chinese-produced goods reveals absolutely nothing about whether the tariffs harm or benefit the U.S. economy.
China’s leadership is clearly bracing for possible new trade shocks from the United States, and perhaps unwilling to respond with market reforms.
Chinese sources are showing varying views on trade tensions with the United States, both from different perspectives and over time: even the Party line itself may change.
From 2018 to mid-2019, the consensus among economists on the consequences of the US-China trade conflict was deafening.
What is the long-term future of the U.S.-China relationship?
While the United States and Japan share perceptions toward an increasingly assertive China, U.S.-Japan policy coordination vis-à-vis China is under strain.
Contrary to conventional wisdom, today’s trade surpluses are not the result of exceptional manufacturing efficiency or unusually hard-working and high-saving workforces.
It is easy to dismiss “acquisition” as a euphemism for theft, but in reality, trade, foreign investment, licensing, imitation,and, yes, theft have all contributed to China’s technological progress.
Trinh Nguyen will discuss the diverse coping strategies of economies outside of China in emerging Asia as they navigate U.S.-China competition and regional and global headwinds.
Trump has prosecuted a costly trade war against Beijing but for China, Trump’s weaknesses are more important than his bluster.