Conversation

03.02.18

How Will Trump’s Tariffs Affect U.S.-China Relations?

Derek Scissors, Donald Clarke & more
Arguing that America is harmed by other countries’ trade practices, President Donald Trump said on March 1 that the U.S. will impose a new 25 percent tariff on imported steel and 10 percent tariff on imported aluminum. “People have no idea how badly...

China’s New Economic Guru Is Trying to Stop a Trade War

Daniel Shane
CNN
As trade tensions escalate between the US and China, one of President Xi Jinping’s most trusted advisers is paying a visit to Washington.

China Studying Impact of Trade Measures against U.S. Soy, Sources Say

Bloomberg News
Bloomberg
China is studying the potential impact of trade measures imposed on soybeans imported from the U.S., valued last year at $13.9 billion, according to people familiar with the matter.

China’s Yuan Toppled from Two-Year High as Trade Data Surprises

Bloomberg News
Bloomberg
China’s yuan sank the most since the aftermath of its shock 2015 devaluation, after data showed the country’s trade surplus more than halved last month, and investors speculated controls on outward cash flows will be eased.

China Opens Inquiry into U.S. Sorghum as Trade Tensions Worsen

Sui-Lee Wee
New York Times
China has opened an anti-dumping and anti-subsidy investigation into U.S. sorghum imports, the latest salvo in an escalating trade dispute between the world’s two largest economies.

Britain’s May Discusses Trade Barriers with China’s Xi

Erika Kinetz and Christopher Bodeen
Washington Post
British Prime Minister Theresa May said Friday she discussed with Chinese President Xi Jinping the importance of removing barriers to commerce, especially for British food, drink and financial services, as the two countries move toward a future...

U.S. Firms in China Fear Fallout from Tit-For-Tat Trade War

Wendy Wu
South China Morning Post
American business group says Beijing could target sectors to send a political message across the Pacific.

China's Bitcoin Crackdown Has Simply Driven Trade Underground

Business Insider
China's crackdown on bitcoin has simply led to the trading going underground, according to a key player...

China to Roll out Fresh Market-Opening Measures This Year, Official Says

Reuters Staff
Reuters
China will roll out fresh market-opening measures this year that could exceed “international expectations”, a top Communist Party official said in Davos on Wednesday.

China Has Plenty of Options to Retaliate against U.S. Tariffs

Bloomberg News
Bloomberg
U.S. President Donald Trump may soon get a lesson about tangling with China on trade: Beijing can punch back.

Did Trump Just Start a Trade War with China?

Daniel Shane
CNN
President Trump's decision Monday to slap tariffs on imports of solar panels and washing machines risks inflaming tensions with China and other big U.S. trade partners...

Trump Is 'Determined to Bite Somebody, and China Is the Most Likely Target,' Trade Expert Says

CNBC
A year after President Donald Trump took office, the United States' trade deficit with China looms larger than ever...

Xi Jinping Calls on Donald Trump to Revive Economic Dialogue Programme

Wendy Wu
South China Morning Post
The call comes as Washington ramps up talk of taking tough action against Beijing, including punitive tariffs, sanctions and even a trade war.

China's 2017 Exports Rose 7.9% in Dollar Terms — Imports Jumped 15.9%

CNBC
China reported a 7.9 percent jump in exports and 15.9 percent rise in imports — both in dollar terms — for 2017.

What’s Next for Commercial Diplomacy with China?

Paul Haenle & Penny Pritzker from Carnegie-Tsinghua Center for Global Policy
As the chief commercial advocate for U.S. businesses in policymaking, the Department of Commerce plays a crucial role in the U.S.-China trade and economic relationship. In the 99th episode of the China in the World Podcast, Paul Haenle spoke with...

Trump Is Reportedly Targeting China in Aggressive Trade Crackdown

Sam Meredith
CNBC
President Donald Trump will unveil plans for an aggressive trade crackdown over the coming weeks, according to a report by Politico.

France’s Macron Visits China to Talk Fairer Trade and the Future

Rick Noack and James McAuley
Washington Post
As French President Emmanuel Macron began his three-day visit to China on Monday, he arrived with a bold message. “Europe is back,” he said.

China and the US ‘Are about to Ride a Bumpy Journey,’ State News Agency Says

Huileng Tan
CNBC
China warned of a “bumpy journey” in trade with the U.S. and “retaliatory measures” a day after Washington blocked MoneyGram's proposed sale to a financial services firm affiliated with Chinese tech giant Alibaba...

The China Trade War Has Already Begun: CEO Daily for January 4, 2018

Alan Murray and Tom Huddleston Jr.
Fortune
Gordon Orr, director emeritus of McKinsey and long-time China hand, wrote recently that many Chinese investors now “simply assume that they could not get approval for investment in the United States, and so won’t try.” 

Trump Readies Tougher ‘America First’ Line for China Trade in 2018

David J. Lynch
Washington Post
The Trump administration is setting the stage to unveil tough new trade penalties against China early next year, moving closer to an oft-promised crackdown that some U.S. business executives fear will ignite a costly battle.

What Happened on China's New Silk Road in 2017

Forbes
Year four of China’s Belt and Road Initiative (BRI) is now in the books. 

China Says Trump’s New Security Policy Shows ‘Cold War Mentality’

James Griffiths and Serenitie Wang
CNN
Speaking Tuesday, Chinese foreign ministry spokeswoman Hua Chunying urged the US to “abandon its Cold War mentality and zero-sum game ” warning failure to do so “would only harm itself as well as others.”

Decoding Trump’s Plan to Rein in China

Sui-Lee Wee
New York Times
Much of the newly released national security blueprint focused on brewing disputes between Beijing and Washington over emerging industries of the future — and who will control them.

Trump National Security Strategy Sees U.S. Confronting China and Russia

David Sanger and Mark Landler
New York Times
President Trump’s first national security strategy envisions a world in which the United States confronts two “revisionist” powers — China and Russia — that are seeking to change the global status quo, often to the detriment of America’s interests.

At South Korea-China Summit, South Korean Journalist Beaten Bloody

CNN
The summit was intended to cement improved relations after a frosty period of tension between China and South Korea.

Conversation

12.13.17

Is Chinese Investment Good for Workers?

Aaron Halegua, Yu Zheng & more
China’s Belt and Road Initiative is a $1 trillion plan to deepen economic relations between itself and up to 60 other countries worldwide through large investments in infrastructure, construction, and other projects. Many commentators have...

Trump’s Claim That West Virginia Is ‘Sending Clean Coal’ to ‘China’

Nicole Lewis
Washington Post
“If you look at what’s happened in West Virginia and so many different places, we’re sending clean coal. We’re sending it out to different places — China," Trump said last Tuesday...

Trump Wasn’t Soft with Xi Jinping on Trade Gap, Says US Ambassador to China

Holly Ellyatt, Geoff Cutmore, Eunice...
CNBC
The U.S. ambassador to China has defended President Donald Trump’s stance towards the Asian nation during his recent visit, amid criticism that the U.S president was too soft on trade imbalances between the two superpowers.

'North Korea Is the Biggest Threat to All Humankind.' U.S. Ambassador to China Terry Branstad Talks to TIME

Time
Tucked between northeastern Beijing’s third and fourth ring-roads, the U.S. Embassy in China is a squat complex of silver-gray buildings, with the ambassador’s office on the fourth floor.

Trump's First Major Trade Fight with China Could Be over Solar Panels

New York Times
With President Trump vowing to get tougher on trade, troubled American makers of everything from steel tubing and aluminum foil to washing machines have lined up to ask Washington for protection from foreign rivals.

Trump Starts Probe into Aluminum That China Calls Protectionist

Joe Deaux and Andrew Mayeda
Bloomberg
The Trump administration, invoking powers the U.S. hasn’t used in more than a quarter century, began a probe into Chinese aluminum imports that could lead to tariffs.

Obama to Meet with Xi Jinping, Narendra Modi on Visits to China, India and France

David Nakamura
Washington Post
The tour comes just two weeks after President Trump held a summit with Xi in Beijing and days after Trump’s daughter, Ivanka, a White House adviser, participated in a global economic summit in Hyderabad, India.

Business Is Booming Between China, Japan and South Korea — the US Should Get in on It

Michael Ivanovitch
CNBC
China, Japan and South Korea account for a quarter of the world’s output of goods and services. Their combined trade surplus is currently running at an annual rate of $400 billion. They can recycle that trade income to finance, with interest, most...

There's Legitimate Suspicion That China Approved of Zimbabwe's Coup

Quartz
When general Constantino Guveya Chiwenga, head of the Zimbabwe Defence Forces (ZDF), was on his way to China in early November, his vice president Emmerson Mnangagwa was being unceremoniously dismissed from the government and the ruling ZANU-PF...

China Could Sell Trump the Brooklyn Bridge

Thomas L. Friedman
New York Times
There is a saying — “When you don’t know where you’re going, any road will get you there” — and it perfectly sums up the contrast between China’s President Xi Jinping and President Trump.

Media

11.15.17

What Happened When Trump Met Xi?

Bonnie S. Glaser, Daniel R. Russel & more
An edited transcript of “ChinaFile Presents: What Happened When Trump Met Xi?” a discussion of Donald Trump’s five-country trip to Asia with Daniel Russel, Bonnie Glaser, and Orville Schell, moderated by Susan Jakes. The panel took place at Asia...

Conversation

11.14.17

Was the Trump-Xi Summit in Beijing a Hit or a Miss?

Isaac Stone Fish, Zha Daojiong & more
On November 8 and 9, Communist Party Secretary Xi Jinping and Donald Trump held their first Beijing-based summit, a year after Trump’s surprise victory and just weeks after the predictable announcement Xi would serve a second term. During the visit...

AP FACT CHECK: US-China Trade Package Mostly about Symbolism

Washington Post
A trade and investment package announced during President Donald Trump’s visit to China is more about the art of diplomacy than the art of the deal.

Apec Summit: Trump and Xi Offer Competing Visions for Trade

BBC
US President Donald Trump and his Chinese counterpart Xi Jinping have set out starkly different visions for the future of global trade in speeches at a summit in Vietnam.

These Are the 37 Major Deals US Firms Signed with Chinese Entities during Trump's Visit

CNBC
The Commerce Department has revealed the 37 major deals signed between U.S. and Chinese companies during President Donald Trump's trip through Asia, totaling more than $250 billion...

Donald Trump and Xi Jinping's Grand Gestures Can't Paper over Diplomatic Divide

South China Morning Post
China and the United States announced a record-breaking “gift pack” of a quarter of a trillion US dollars worth of business deals as the presidents of the two nations wrapped up their talks on Thursday.

China's CEOs View Trump as a Dealmaker

Bloomberg
President Donald Trump’s ‘America First’ rhetoric on trade has prompted concerns among many that his words could soon be matched by action. Chinese executives say they’re not worried.

Trump Touts 'Great Chemistry' with China's Xi as Leaders Agree to Closer Ties

NPR
President Trump and Chinese leader Xi Jinping say they have agreed to work together on the denuclearization of North Korea and closer cooperation on trade.

China’s Xi Fetes Trump on First Day of Beijing Trip

Phillip Wen and Steve Holland
Reuters
With lavish pageantry and an uncharacteristic personal flourish, Chinese President Xi Jinping on Wednesday rolled out a red carpet welcome for U.S President Donald Trump at the Forbidden City, the ancient home of China’s emperors.

Shaky U.S.-China Trade Relationship Will Top Trump's Agenda in Beijing

Rob Schmitz
NPR
Soft lounge music pipes through the speakers as elegantly dressed shoppers peruse organic produce and meats at City'super, one of Shanghai's most upscale markets, a cross between Whole Foods and Louis Vuitton. But one look at the price of...

Conversation

11.02.17

Trump Goes to Asia

Ely Ratner, David Dollar & more
Chinese officials like to talk about practicing “win-win” diplomacy. Their American counterparts sometime joke that this means China wins twice. From November 3 to November 14, Donald Trump will visit Japan, South Korea, Vietnam, the Philippines,...

China Lifts Ban on Stinky Cheese

Tamar Lapin
New York Post
Authorities imposed the embargo in September because the stinky cheeses were made with strains of bacteria banned in China.

China September Exports up 8.1%, Imports up 18.7% as Trade with North Korea Slides

CNBC
China reported strong trade data on Friday just days ahead of a major Communist Party Congress.

How China and America Can Protect the World’s Antiquities

Eleni Wah
Foreign Affairs
In 1971, a ping-pong match between the U.S. and Chinese national teams helped open relations between the two countries. Since then, people-to-people diplomacy has been a bright spot in otherwise tense interactions. But civil society engagement has...

Trump to Punish China outside WTO

Charles Wallace
Forbes
U.S. Trade Representative Robert Lighthizer said Monday that the Trump Administration is drawing up plans to punish China outside the World Trade Organization.

Conversation

09.15.17

Bannon Says the U.S. Is at ‘Economic War with China.’ Is He Right?

Paul Haenle, Jacqueline N. Deal & more
Steve Bannon, whose controversial views on China remain hugely influential in the White House, is visiting Hong Kong this week to speak at a China investment conference. In August, before he left his White House position as chief strategist, Bannon...

Trump May Have Pushed Mexico into the Arms of China's Alibaba

Sophia Yan
CNBC
Mexico's Ministry of Economy and Alibaba will partner to get more Mexican products onto the tech firm's popular e-commerce platforms...

Sinica Podcast

08.30.17

U.S.-China Relations After Six Months of Trump

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
Has the last half year of turbulent U.S.-China relations and Chinese politics passed you by? Confused you? Perhaps you’d like a clear recap in plain English? If yes, then this is the podcast episode for you.

China Will Use ‘All Necessary Means’ against US Trade Probe

Guardian
China’s commerce ministry has already expressed “strong dissatisfaction” with the US launch of an inquiry into alleged theft of U.S. intellectual property, calling it “irresponsible”.

Breaking Down the U.S. Trade Deficit with China

Paul Haenle & Yukon Huang from Carnegie-Tsinghua Center for Global Policy
A positive relationship between the United States and China, the world’s two largest economies, is crucial for promoting global growth and development. The bilateral relationship, however, has become increasingly fraught by disagreements over what a...

Steve Bannon Says U.S. In Economic War with China

NBC News
The United States is in an economic war with China, U.S President Donald Trump's chief political strategist has said, warning Washington is losing the fight but is about to hit China hard over unfair trade practices...

Conversation

08.16.17

Trump Says He Wants Fairer Trade with China. Will His Latest Move Work?

Wendy Cutler, Susan Shirk & more
On Monday, Donald Trump returned to Washington from his summer vacation for the public signing of an executive order requesting that the United States Trade Representative begin a review to determine wether the U.S. should investigate China over...

Chinese State Newspaper Says Trump Trade Probe Will ‘Poison’ Relations

Reuters
U.S. President Donald Trump’s order to his top trade adviser to investigate supposedly unfair Chinese trade practices will “poison” relations between the two countries, a Chinese state-run newspaper said on Monday.

China Warns U.S. Over Aluminum Dispute

CNN
China has told the Trump administration to tread carefully in a spat over aluminum exports if it wants to avoid damaging the relationship between the world’s two largest economies. The Chinese Ministry of Commerce on Thursday disputed U.S...

As Washington Tries to Protect Tech, China Could Fight Back

Keith Bradsher and Paul Mozur
New York Times
As the Trump administration moves to take on China over intellectual property, Washington will find it has limited firepower. Beijing has a strong grip on American technology companies, and global trade rules could favor China.