Under China’s 15th Five-Year Plan, the coming period will be crucial for consolidating foundations and achieving socialist modernization. The country aims to leverage four key advantages: its institutional strengths, its vast domestic market, its complete industrial system and its abundant human resources.

Donald Trump’s tariffs — the cornerstone of his economic agenda — are closely linked to inflation, revenues, spending and the reshoring of manufacturing. They are the key to assessing Trump’s economic impact, but they come with profound uncertainty.

China’s new rare-earth export controls have turned its dominance in the sector into a powerful strategic tool, extending restrictions to technology, equipment, and expertise that tighten global dependence. The move has intensified tensions with the United States and its allies, highlighting how control over critical minerals now defines the balance of economic and geopolitical power.

After months of escalating tariffs and retaliatory measures, China and the United States have reached a fragile truce that has begun to stabilize their trade and technology relationship. While tensions over chips, rare earths, and agricultural exports persist, both sides now recognize their mutual vulnerability, creating a cautious but potentially durable détente rooted in economic deterrence rather than dominance.

The unusual movements of U.S. Treasuries and the dollar reflect not only a global reassessment but also questions about America’s national power and international standing. The dollar’s hegemony may soon face a critical turning point.

China’s decision to forgo special rights in the WTO shows that it takes its great power responsibility seriously. It wants to advance trade cooperation with developed economies and with Global South. A trade upturn with the United States in 2026 is much anticipated.

Beijing’s announcement regarding future World Trade Organization negotiations is strategic. It represents both a willingness to promote WTO reform and an institutional adjustment to support high-quality domestic development and opening-up to the world.

Both the U.S. and China share an interest in preventing illicit finance, strengthening cybersecurity and ensuring global stability. What happens next will depend less on technology than on values and governance.

Given the profound changes in the international order and governance system, the diversification of international finance is an inevitable trend. Demand for an alternative global currency is becoming increasingly urgent.

The U.S. president has upended the traditional liberal international order, recalibrated relations with allies and is poised to exert a profound influence on the global strategic landscape through transactional alliances.