Xi, Trump Discuss Ties, Korean Peninsula Situation over Phone

Xinhua
Chinese President Xi Jinping and his U.S. counterpart Donald Trump on Monday discussed bilateral ties and the situation on the Korean Peninsula on phone, pledging close contact by various means to promptly exchange views on major issues of common...

China Is Sending the U.S. a New Message about North Korea

Evelyn Cheng
CNBC
Beijing appears to be sending fresh signals about its view on North Korea, in order to convince U.S. President Donald Trump to take less aggressive action against the rogue nuclear state, several political analysts say.

China, EU Push Message of Free Trade, Engagement

ABC
Top diplomats from China and the European Union pledged closer cooperation Wednesday, highlighting their common interests in peace and security and pushing a message of free trade and open engagement in contrast to fears that the U.S. is turning...

China’s President Is Playing Donald Trump Like a Fiddle

Week
President Trump thinks he has worked out a magnificent “deal” with China. The outlines of the deal are fairly simple to understand: Trump is prepared to drop his economic grievances against China in exchange for China's help in fixing “the...

China Says Ivanka Trump Trademark Requests Handled Properly

Chicago Tribune
China is defending its handling of trademark applications from President Donald Trump’s daughter Ivanka and her company, saying that all such requests are handled fairly.

An SUV Called Trumpchi, and Other Marketing Challenges for Chinese Autos in the U.S.

Wall Street Journal
The country’s auto makers aim to boost sales overseas, and are starting by building better cars. That’s just the first hurdle.

Conversation

04.14.17

Ivanka: A ChinaFile Conversation

Rebecca E. Karl, Yishu Mao & more
At a time of strained and erratic relations between the U.S. and China, Ivanka Trump, the President’s daughter and, more recently, a member of his administration, has emerged as an unlikely but singularly potent emissary, not to just to China’s...

China Says Its Trade with North Korea Has Increased

Jane Perlez and Yufan Huang
New York Times
Amid sharply rising tensions over North Korea’s nuclear arms program, China said on Thursday that its trade with the country had expanded, even though it had complied with United Nations sanctions and stopped buying North Korean coal

Trump and China: Master Diplomat or Paper Tiger?

Katie Hunt
CNN
When it comes to China, has U.S. President Donald Trump played a diplomatic master stroke? Not so fast, say analysts who are quick to puncture hopes of budding bromance between the leaders of the two countries.

China Exports Jump the Most in Two Years as Imports Moderate

Bloomberg
China’s overseas shipments last month jumped the most in two years as global demand held up. Imports moderated after a holiday-season surge in February and the trade balance rose.

Trump Isn’t Wrong on China Currency Manipulation, Just Late

Eduardo Porter
New York Times
While China’s surplus with the United States is pretty big, its global surplus is modest, at 2.4 percent of its gross domestic product last year. Most significant, it has been pushing its currency up, not down.

Is Trump Backing Down on China?

Eric Geller and Doug Palmer
Politico
The president last year compared China’s economic behavior to ‘rape.’ Now he says he and Xi are ‘in the process of getting along very well.’

Tang Poems and Folk Tales: History’s Role in the Trump-Xi Reset

Katsuji Nakazawa
Nikkei Asian Review
The Syria airstrike and other moments that made for a rocky summit start

The Kushner Kids on Show, North Korea on Notice and Other Takeaways from the Xi-Trump Summit

Emily Rauhala and Simon Denyer
Washington Post
President Trump and Chinese President Xi Jinping were basically repackaging the existing process of negotiation between their countries.

Trump’s Quick Wins on China Trade Won’t Wipe out the Deficit

Jethro Mullen
CNN
The U.S. and China have given themselves 100 days to make progress on the thorny issue of trade.

China Tech Investment Flying under the Radar, Pentagon Warns

New York Times
China is investing in Silicon Valley start-ups with military applications at such a rapid rate that the United States government needs tougher controls to stem the transfer of some of America’s most promising technologies, a Pentagon report says.

How Trump Can Solve His Chinese Puzzle

Gideon Rachman
New York Times
Getting tough with China is a central part of Donald Trump’s plan to “make America great again.” During the election campaign, he claimed that China was “raping” American industry.

Jared Kushner Is One of Trump's Top Advisers on China

Eric Levitz
New York Magazine
When President Trump meets with his Chinese counterpart at Mar-a-Lago this weekend, he will not have the assistant secretaries of State and Defense for East Asia at his side — because his administration has failed to hire anyone for either of those...

Is Trump Wise to Take on China over Trade?

BBC
Trade will be one of two key issues on the agenda, along with North Korea. But what’s the problem—and what can Trump do about it?

U.S.-China Trade Scorecard: Advantage China

Roger Yu
USA Today
When President Trump meets with Chinese President Xi Jinping this week, he will remind his guest that China runs the largest trade surplus with the United States.

China’s Emergence as Top U.S. Oil Buyer Highlights Economic Ties

Lucy Hornby
Financial Times
China was the top foreign buyer of U.S. crude in February, according to data that show the growing interdependence of the world’s big energy-consuming nations at a time of heightened geopolitical tensions. ...

Why China’s Got Beef with U.S. Beef

Bruce Einhorn
Bloomberg
Beef may be on the table when the U.S. president and Chinese leader Xi Jinping discuss trade during this week’s summit at Trump’s Florida resort.

Viewpoint

04.05.17

No Winners or Losers, Please

Paul Gewirtz
Who will be the winner of the upcoming Trump-Xi summit? My answer: That’s a dangerous—and wrongheaded—question to focus on. Yes, we want the U.S. to win, but the U.S.-China relationship must be played and judged as a long game.The present situation...

As Trump-Xi Summit Looms, Evidence of Strained Ties on China-North Korea Border

Sue-Lin Wong and Joseph Campbell
Reuters
What was planned in 2011 as a 30 billion yuan ($4.36 billion) development intended to showcase economic engagement between the two countries has stalled in recent months.

As He Gets Ready to Meet Trump in Florida, China’s Xi Jinping Has a Lot to Worry about

Jonathan Kaiman
Los Angeles Times
The meeting could set the tone for the next several years of U.S.-China relations, and allow the two leaders to square each other up on issues including North Korea and global trade.

Trump’s Bad Deal with China

Charles Edel and Mira Rapp-Hooper
Politico
The early signs suggest Xi Jinping will run the table at Mar-a-Lago.

Conversation

04.04.17

What Should We Expect When Trump and Xi Meet in Florida?

David Dollar, Jeremy Goldkorn & more
On April 6-7, U.S. President Donald Trump will host Xi Jinping in their first face-to-face meeting when China’s President arrives at Trump’s Mar-a-Lago resort. The meeting comes early in Trump’s presidency, after a campaign in which he frequently...

Trump Ready to Tackle North Korea Alone—FT Exclusive

Lionel Barber, Demetri Sevastopulo, and...
Financial Times
Donald Trump has warned that the U.S. will take unilateral action to eliminate the nuclear threat from North Korea unless China increases pressure on the regime in Pyongyang.

The Big Unanswered Question ahead of Trump’s First China Meeting

Max Ehrenfreund
Washington Post
After a campaign defined in large part by a pledge to turn the nation’s trade agenda on its head, President Trump has opened his presidency with a series of modest, more cautious steps

If U.S. Trade with China Is So Unfair, Why Is GM the Best-Selling Car There?

Tim Fernholz
Quartz
Ahead of a high-stakes summit with Chinese leader Xi Jinping, Donald Trump’s White House has made clear that it isn’t happy with China’s high tariffs on imported American automobiles.

Viewpoint

04.03.17

What Does the Future Hold for Business between the U.S. and China under Trump?

Ker Gibbs
We are now well into the first 100 days of the Trump administration. His supporters expect major changes in the China relationship. They voted for a man who promised to impose a 45 percent tariff on Chinese goods and slap China with the currency...

Trump’s First Test in Asia

Paul Haenle & Michael Green from Carnegie-Tsinghua Center for Global Policy
While President Trump appoints new officials to his administration and reviews policy frameworks, Asia-Pacific leaders are moving ahead. Since taking office, Trump has grappled with consequential developments in the region, ranging from North Korea’...

Conversation

03.24.17

Does Tillerson’s Asia Visit Signal a New Era in U.S.-China Relations?

Scott Kennedy & Shen Dingli
On March 19, during his first trip to Asia as U.S. Secretary of State, and amidst rising tensions with North Korea, Rex Tillerson met with China’s Communist Party Secretary Xi Jinping. The day before, Tillerson released a statement describing the...

Australia Shouldn't Pick Between U.S. and China, Premier Li Says

Bloomberg
Australia, which has fought alongside the U.S. in every major conflict since World War I, has been careful not to offend China, which was responsible for 31 percent of its merchandise exports in the 12 months to July last year.

Donkey Skin Is the New Ivory

Eric Olander, Cobus van Staden & more
Countries throughout Africa are struggling to figure out how to contain the skyrocketing price of donkeys due to surging demand for the animals in China. Donkey skin is fast becoming an increasingly prized commodity due to its use in a traditional...

China’s Taxes on Imported Cars Feed Trade Tensions with U.S.

Keith Bradsher
New York Times
A Jeep Wrangler can cost $30,000 more in China than in the United States—and the reasons illustrate a growing point of tension between the two countries.

China Is Reportedly Getting Ready to Hit back against Any of Trump’s Trade Penalties

Fortune
China’s government has been seeking advice from its think-tanks and policy advisers on how to counter potential trade penalties from U.S. President Donald Trump, getting ready for the worst, even as they hope for business-like negotiations.

Clean Energy Could Spark a Trade War between the U.S. and China

Nick Stockton
Wired
In the past few years, China has surpassed the U.S. in electric vehicle sales, renewable energy capacity, and recently announced it was investing $365 billion to keep the momentum going. That investment puts China in a prime position to lead the...

China to Trump: We Don’t Want a Trade War—but If There Is One, You’d Lose

Simon Denyer
Washington Post
China’s premier told the United States on Wednesday: We don’t want a trade war with you, but if one breaks out, your companies would bear the brunt.

Trump’s Top China Expert Isn’t a China Expert

Foreign Policy
Peter Navarro doesn't speak Chinese, and has scant in-country experience. Should that matter?...

Trump’s Trade ‘Hammer’ Aims to Pound China, Mexico and the WTO

Bloomberg
Lighthizer has urged a harder-nosed approach to China, which accounts for more than half of America’s $500-billion trade deficit, and more trade complaints from the U.S.

One of China’s Biggest Trade Partners Is Worried Beijing Will Turn to Its ‘Old Toolbox’ of Protectionism

Sophia Yan
CNBC
China’s plan to advance its manufacturing capabilities is drawing criticism from one of its major trade partners.

Books

03.02.17

The Silver Way

Peter Gordon and Juan José Morales
Long before London and New York rose to international prominence, a trading route was discovered between Spanish America and China that ushered in a new era of globalization. The “Ruta de la Plata,” or “Silver Way,” catalyzed economic and cultural exchange, built the foundations for the first global currency, and led to the rise of the first “world city.” And yet, for all its importance, the Silver Way is too often neglected in conventional narratives on the birth of globalization. Gordon and Morales re-establish its fascinating role in economic and cultural history, with direct consequences for how we understand China today. —Penguin China{chop}

Viewpoint

03.01.17

Is the U.S.’s Withdrawal China’s Gain in Latin America?

Latin Americans can’t afford to wait four years to see when the United States will be willing to have an honest and reciprocal conversation about economic prosperity in the Western Hemisphere. Luckily for the U.S.’s southern neighbors, over the past...

Trump Is Not Anti-China, Lenovo CEO Says

Arjun Kharpal
CNBC
U.S. President Donald Trump is “not anti-China” but any move away from globalization by the White House could be a concern to businesses across the world, the chief executive Lenovo told CNBC on Tuesday. 

Picking a Fight over China’s Currency Will Snowball: Analyst

Leslie Shaffer
CNBC
If U.S. President Donald Trump proceeds with plans to label China a currency manipulator, the confrontation would likely escalate beyond trade, David Roche, global strategist at Independent Strategy, told CNBC on Monday.

China Overtakes U.S. and France as Germany’s Biggest Trading Partner

CNBC
China for the first time became Germany’s most important trading partner in 2016, overtaking the United States, which fell back to third place behind France, data showed on Friday.

Mnuchin Says He Won’t Label China a Currency Manipulator...Yet

Kevin Cirilli and Saleha Mohsin
Bloomberg
Treasury Secretary Steven Mnuchin signaled no urgency to designate China a currency manipulator, saying he wants to use a regular review of foreign-exchange markets to determine if the U.S.’s largest trading partner is cheating.

The Biggest Loser If Trump Ignites a Trade War with China

Benjamin Carlson
CNBC
There’s at least one big loser if President Donald J. Trump ignites a trade war with China: Taiwan. The island democracy has a heavily export-dependent economy enmeshed in billions of dollars in U.S. and China trade.

What Does Trump Want? China Scours Twitter, Cocktail Parties for Clues

Bloomberg
Now one of the big questions is which view prevails in the White House: The more moderate voices of Branstad, Kushner and Pentagon chief James Mattis? Or China hardliners such as strategist Steve Bannon and trade adviser Peter Navarro?

China Loses a Friend, and Leverage, with North Korean Murder

Bloomberg
The mysterious death of Kim Jong Un’s half-brother removed a potential avenue for China to press the North Korean leader to rein in his nuclear ambitions.

Viewpoint

02.13.17

The U.S. Should Not Demand In-Kind Reciprocity from China

James Zimmerman
In a well-drafted task force report issued this week by the Asia Society and the University of California San Diego, a group of scholars and former government officials recommend that the Trump administration take steps to make the U.S.-China...

Viewpoint

02.10.17

Taiwan Needs to Hear Trump Say ‘Democracy’

William Kazer
President Trump has sent conflicting signals on Taiwan, first suggesting cozier relations with the self-ruled island and then walking that back to reassure China.In a phone call with Chinese President Xi Jinping on Thursday, he pledged no change to...

China January Exports Rise 7.9 Percent, Beating Forecasts

CNBC
China’s January exports easily exceeded analysts’ expectations, rising 7.9 percent from a year earlier, while imports rose by 16.7 percent, also topping forecasts, preliminary data showed on Friday. That left the country with a trade surplus of $51...

Why Donald Trump Can’t Bully China on Trade

Kenneth Rogoff
Guardian
Beijing holds trillions of dollars in U.S. debt and any trade disruption could lead to huge price rises in the budget stores on which many Americans rely

Why China Doesn’t Need the U.S. for Trade

Winter Nie
Forbes
Unfortunately for Trump, it’s not the 1980s anymore.

Reports

02.07.17

U.S. Policy Toward China

Orville Schell and Susan L. Shirk
Asia Society
The Task Force on U.S.-China Policy generated the following report and set of recommendations to assist the 45th U.S. presidential administration in formulating a China strategy that will protect and further U.S. national interests. This report...

Donald Trump Hasn’t Spoken with Chinese President Xi Jinping since Taking Office

Zheping Huang
Quartz
Two weeks into his presidency, Donald Trump has spoken with 18 foreign heads-of-state, either by phone or in person. Xi Jinping’s name is conspicuously missing.

It Won’t Be Easy for Donald Trump to Bully China

Clay Chandler
Fortune
Trump’s screeds against China—for cheapening its currency, stoking its export machine and “stealing” American jobs—were a centerpiece of his campaign. And yet, as Trump himself probably knows, China won’t be easy to bully.

These American-Made Ford Raptor Pickups Are Shipping off to China

Jordan Golson
Verge
In a move that is sure to make President Trump happy, Ford is shipping a boatload of F-150 Raptor pickup trucks. Company reps are very excited to be sending American-made trucks over to China instead of the other way around.