China Elites Seek to De-Escalate Trade Tension before Xi Speech

Gabriel Wildau and Emily Feng
Financial Times
Government advisers dismiss reports of secret plan to sell off US Treasury bill.

Hopes Are High for China to Announce Market Access Reforms on Tuesday

Nyshka Chandran
CNBC
Xi’s speech to announce market reforms could help heal U.S.-China trade frictions.

Tensions Rise over Taiwan Strait as U.S. and China Harden Positions

Simon Denyer
Washington Post
Fears grow that Taiwan will suffer the consequences of Trump-China spat.

Europe Caught in the Middle as Trump Threatens China

Jack Ewing
New York Times
Europe in dilemma as conflict escalates between its two biggest trading partners.

China Is Studying Yuan Devaluation as a Tool in Trade Spat

Bloomberg News
Bloomberg
China evaluates impact of currency depreciation among trade tensions.

White House Sends Mixed Message on China Trade Thaw

Shawn Donnan, Michael Hunter and Ben...
Financial Times
Markets rally but questions remain over US willingness to talk to Beijing.

If There’s a U.S.-China Trade War, China May Have Some ‘Unconventional Weapons’

Neil Irwin
New York Times
There are ways to make life harder for American companies in China that need not be formal, or widely publicized.

Why China Could Get Hurt More from a Trade War in the Tech Sector

Saheli Roy Choudhury
CNBC
China could lose more than the U.S. from trade tensions now spilling into the technology sector, according to Gavin Parry from Parry Global Group.

China Strikes Back at the U.S. With Plans for Its Own Tariffs

Keith Bradsher and Steven Lee Myers
New York Times
China hit back at the United States on Wednesday with proposed tariffs on $50 billion worth of American soybeans, cars, chemicals and other goods, in a move likely to stoke fears that the countries’ escalating confrontation could become an all-out...

China Strikes Back at the U.S. With Plans for Its Own Tariffs

Keith Bradsher and Steven Lee Myers
New York Times
China hit back at the United States on Wednesday with proposed tariffs on $50 billion worth of American soybeans, cars, chemicals and other goods, in a move likely to stoke fears that the countries’ escalating confrontation could become an all-out...

China’s Financial Opening Isn't Quite What It Seems

Andrew Polk
Bloomberg
Although trade tensions between the U.S. and China show no signs of abating, there are some reasons for cautious optimism.

China Announces It’s Imposing New Tariffs on 128 Us Products

Nyshka Chandran
CNBC
China implements additional tariffs as retaliation against increased U.S. import taxes.

The US and China Are in Talks to Try to Avoid a Trade War

Jethro Mullen
CNN
The United States and China are acting tough over trade, but they’re also busy talking to try to stop the situation spiraling out of control.

China Vows to Open Its Markets Further in Response to Trump’s Tariff Threats

Simon Denyer
Washington Post
China responded to the threat of a massive package of tariffs from the United States by vowing Tuesday to further open its own markets to foreign trade and investment, while warning that a trade war between the two nations would hurt both sides.

Trump Demands Aides Pump up Anti-China Tariffs

Adam Behsudi and Andrew Restuccia
Politico
President Donald Trump is getting ready to crack down on China. Trump told Cabinet secretaries and top advisers during a meeting at the White House last week that he wanted to soon hit China with steep tariffs and investment restrictions in response...

China Says Trade War with U.S. Will Only Bring Disaster to Global Economy

Elias Glenn
Reuters
Beijing criticizes proposed tariffs by Washington amid fears it could shatter global growth.

How China Is Challenging American Dominance in Asia

Max Fisher and Audrey Carlsen
New York Times
As China grows more powerful, it is displacing decades-old American preeminence in parts of Asia. The outlines of the rivalry are defining the future of the continent.

China, Europe Slam Trump’s Tariffs as U.S. Metalworkers Cheer

Wayne Ma, Emre Peker, and Doug Cameron
Wall Street Journal
China and Europe lashed out against new U.S. steel and aluminum tariffs, while officials and executives from several American allies caught in the crossfire reacted more cautiously, embracing what the White House promised would be some flexibility...

Trump Takes the Bait from Musk, Attacks China Auto Import Duties

Dana Hull and Justin Sink
Bloomberg
President Donald Trump may not follow Elon Musk on Twitter, but the Tesla Inc. chief’s posts decrying China’s automotive trade practices managed to catch his attention.

The West Is Doing Its Best to Help China

Edward Luce
Financial Times
Most of it is unintentional. Yet the west could not be helping China more if it tried.

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.

Conversation

02.05.18

Is the Belt and Road Anti-Democratic?

Nadège Rolland, Tim Summers & more
During her visit to Beijing, Shanghai, and Wuhan January 31-February 2, Prime Minister Theresa May attempted to improve her country’s trade relations with China—an increasingly important partner for the post-Brexit United Kingdom. And yet, May was...

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.

Why China and Latin America Are Discussing Trade Now

Lucia Newman
Al Jazeera
Foreign ministers from Latin America and China are meeting in Chile for a two-day summit focusing on trade, which is becoming crucial for the growth of both.

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 China
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.

U.S. Seeks to Deny China Market Economy Status in WTO

Shawn Donnan
Financial Times
The Trump administration has opposed China’s bid for recognition as a “market economy” in the World Trade Organization, citing decades of legal precedent and what it sees as signs the country is moving in the opposite direction under Xi Jinping.

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...

Rosneft Deal Boosts Russia-China Relationship

Henry Foy
Financial Times
Russia’s state-run oil group Rosneft has agreed to supply its new partner CEFC China Energy with almost 61m tonnes of oil over the next five years, strengthening the most high-profile corporate link in the burgeoning relationship between Moscow and...

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...