A messy divorce of the fusion between the Chinese and American economies – the end of Chimerica – looms. This raises the specter of the first “hegemonic showdown” between the United States and China.

Either China will revise its industrial policy to allow U.S. companies reciprocal market access, or the tariffs will cause U.S. companies to disengage from China and bring manufacturing back to the U.S., or source imports from countries that do not pose a long-term threat to U.S. security.

James Nolt argues that what Trump seeks from China in the trade war is managed trade, not free trade. Unfortunately for China, the model of a “managed trade” solution crafted during the 1980s between the U.S. and Japan is not an option.

As the European Union proposes a strategy for increased connectivity across the continent, both China and the U.S. will utilize the proposal to advance their own goals.

As the trade war escalates further, China considers options that could result in the destruction of both its own and the American economy.

The Belt and Road Initiative will help build a community of shared destiny of mankind in the new era.

U.S. companies operating in China generally oppose the Trump administration’s proposed tariffs and advocate for engagement with Chinese businesses. However, CEOs have become more vocal in support of Trump on specific issues, such as market access and regulations.

Both sides think they can win a trade war. One of them is wrong. The war will show which one that is.

Venezuelan President Nicolas Maduro headed to China on Thursday for a four-day trip to boost relations with Beijing. This comes amid an economic meltdown caused by hyperinflation that is ravaging Venezuela and has triggered a refugee crisis.

The two countries must stress the positive aspects of their relationship.