Andrew Sheng, Distinguished Fellow at the Asia Global Institute at the University of Hong Kong
Xiao Geng, President of the Hong Kong Institution for International Finance
Jun 26, 2019
American multinationals may like the idea of forcing China to alter the policies and practices – from subsidies for state-owned enterprises to the requirement that foreign firms share proprietary technology in exchange for access to the Chinese market – that place them at a competitive disadvantage. But, as US President Donald Trump’s trade war continues to escalate, it is worth asking: What price are these companies really willing to pay?
Stephen Roach, Senior Fellow, Yale University
Jun 26, 2019
Blinded by a surging stock market and a 50-year low in the unemployment rate, few dare to challenge the wisdom of US economic policy. Instant gratification has compromised the rigor of objective and disciplined analysis. Big mistake. The toxic combination of ill-timed fiscal stimulus, aggressive imposition of tariffs, and unprecedented attacks on the Federal Reserve demands a far more critical assessment of Trumponomics.
Zhao Minghao, Professor, Institute of International Studies, Fudan University, and China Forum Expert.
Jun 25, 2019
Trump and Xi will meet at the G20 summit. But for this meeting to be productive, the US must own up to the ineffectiveness of its “maximum pressure” strategy. Recent moves against Iran, North Korea, and Huawei have all backfired — some introspection is needed.
Xu Hongcai, Deputy Director, Economic Policy Commission
Jun 24, 2019
The benefits of Sino-US trade—new jobs, more efficient division of labor, an engine for the world economy—have seemingly been forgotten. But all is not lost. If China and the US can reconnect, new opportunities beckon: in infrastructure, energy, tech, climate change, and beyond.
Su Jingxiang, Fellow, China Institutes for Contemporary International Relations
Jun 18, 2019
With negotiations breaking down, the China-US trade war now seems less about temporary disputes and more about a US plan to win a “clash of civilizations.” But this clash would mean unwinding generations of economic integration, with potentially disastrous results.
Tom Watkins, President and CEO of the Economic Council of Palm Beach County, FL
Jun 13, 2019
Whining about China and starting a unilateral trade war is not a winning strategy. If China stumbles, the world will tumble.
Jun 05, 2019
U.S. Treasury Secretary Steven Mnuchin is scheduled to meet with People’s Bank of China Governor Yi Gang this weekend at a gathering of G20 finance leaders in Japan, marking the first face-to-face discussion between key U.S. and Chinese trade negotiators in nearly a month.
James H. Nolt, Adjunct Professor at New York University
May 24, 2019
President Trump never intended to resolve the trade war he created with China. Instead, he will leverage his tariffs to blackmail China into following his way.
Zhao Minghao, Professor, Institute of International Studies, Fudan University, and China Forum Expert.
May 24, 2019
Why was the Chinese government unwilling to accept Trump’s last minute demands during trade talks? Look to history: 2019 marks the centenary of the anti-imperialist May 4th movement. China can hardly be accepted to surrender to a 21st-century “unequal treaty”—if the US government understood this aspect of Chinese culture better, negotiations would proceed more smoothly.
Wei Jianguo, Former Vice Minister, China's Ministry of Commerce
May 24, 2019
The trade war has not gone as U.S. policymakers expected—China has not given up easily. This overconfidence came from an inflated view of America’s market boom, which is merely a short-term “sugar high” produced by Republican tax cuts. A more serious misjudgment was underestimating China’s economic strength and national resolve.