Translation Tag: us-china relations
Days after Trump’s “Liberation Day” tariffs announcement, Guan Tao, the global chief economist at BOCI China, assesses the impacts of the intensifying U.S.-China trade war. He compares this round of tariffs with the earlier tariffs imposed during Trump’s first term, concluding that their impacts on China this year may be similar to those of 2019. However, Guan views the external environment as increasingly suppressive and unpredictable, arguing that it will force China to “focus on doing its own things well” and spur domestic reforms spanning its development pattern, trade model, and macroeconomic policy priorities. Guan expects U.S.-China economic and trade relations to worsen but is confident these domestic adjustments will enable China to weather the “tariff storm.”
Three Chinese state-affiliated researchers Jiang Zhao, Dong Chao, and Fu Jiang assess the impact of Trump 2.0 on the global economy and U.S.-China trade relations. They foresee Trump’s policies as harmful to multilateral economic cooperation, but they believe the impact on China will be limited. They also propose a slate of countermeasures for Beijing, which include further diversifying export markets and trade cooperation with emerging economies, optimizing China’s ability to attract foreign investment, accelerating RMB internationalization, and “telling China’s economic development story well” to influence global public opinion.
Three Chinese economists from JD.com lay out potential impacts of tariffs that U.S. President Donald Trump vowed to impose on China, arguing that U.S. domestic concerns will most likely reduce the duration and magnitude of such measures, thereby minimizing their impacts on the Chinese economy. They argue that regardless of the scale of Trump’s trade actions, Beijing should seek to bolster its national strength through proactive international trade integration with other countries.
Two researchers from East China Normal University argue that the technological superiority and rapid deployment of Starlink satellites from U.S. firm SpaceX raise a range of new international security issues. These include transforming space from a strategic support domain to a domain of military operations in its own right, crowding out space for satellites from other countries in low-earth orbit, and posing data control and information security challenges for other nations, including China.
A researcher from the China Institute of International Studies analyzes the Biden administration’s diplomacy with African countries in the food and agriculture space. He argues that U.S. aid and new initiatives designed to improve Africa’s food security are motivated by a broader strategy of maintaining American dominance in the region, securing future markets for U.S. agricultural products and secure sources of critical minerals, and curbing China’s growing influence on the continent.
A prominent Russia scholar, Feng Shaolei, analyzes the conflict in Ukraine, arguing that it reflects deep structural changes in the international system. These changes include increasing polarization between Russia and the West and growing relevance of the Global South in international affairs. Feng suggests that following the war, what he terms an “Asian Mediterranean” or Eurasian economic sphere will emerge, attendant with Russia’s pivot to the East and what he sees as China’s strengthening position in the Asia-Pacific.
Zhang Jie, a researcher at the Chinese Academy of Social Sciences, analyzes growing coordination among the United States, Japan, and the Philippines. Zhang frames this trilateral coordination as evidence that Washington is aiming to expand its economic and security influence in the region. In response, Zhang recommends Beijing strengthen diplomatic and economic engagement with its neighbors in the Asia-Pacific, focusing in particular on small and medium-sized states.
Guo Kai, the executive president of CF40, a think tank focusing on finance and economic issues, argues that the problem of overcapacity is being used in the U.S. to drive election politics, rather than being viewed purely as an economic concern. Domestically, he attributes overcapacity as a negative externality to China’s rapid manufacturing growth, and makes several policy recommendations to address the issue.
Jie Dalei, an expert on Taiwan and U.S.-China relations, analyzes the results of the 2024 elections in Taiwan in this piece published by the Institute of International and Strategic Studies. He seeks to explain the failure of the Kuomintang (KMT) to secure the presidency, considers the future of the Taiwan People’s Party (TPP), and assesses implications of the president-elect Lai Ching-te administration for cross-Strait and U.S.-China relations.
In this lengthy article, a BRI researcher at China Development Institute, a Shenzhen-based think tank, outlines perceived challenges to the Belt and Road Initiative around its 10th anniversary. These include geopolitical risks from competition with the United States, political and financial instability within partner countries, weak economic growth, and ill-defined goals and poor marketing. The author recommends Beijing improve risk monitoring and project oversight to manage financial and economic risks, and improve the BRI’s reputation across the globe by deepening diplomatic cooperation with a wide array of countries.