What Kim Jong-un May Get in Reaching Out to China - March 27, 2018

Media Report

March 27 , 2018

The New York Times：What Kim Jong-un May Get in Reaching Out to China
The New York Times reports: "A flurry of activity and speculation surrounding Beijing's diplomatic quarter on Tuesday accompanied what officials described as an unusual, and highly secretive, visit by North Korean dignitaries, possibly even the country's youthful leader, Kim Jong-un. The prospect of a high-level visit from North Korea — even a meeting with China's leader, Xi Jinping — raised questions about what Mr. Kim hopes to accomplish with this latest, unexpected burst of diplomacy after years of provocative threats punctuated by nuclear and ballistic missile tests... A visit to Beijing could capitalize on the relative success of North Korea's diplomacy around the Winter Olympics in Pyeongchang, South Korea, last month."
NPR：Dow Gains 669 Points Amid Reported Trade Talks With China
NPR posts: "U.S. stock indexes surged about 3 percent Monday after fears eased of a trade war with China. The two big trading partners reportedly are negotiating to improve U.S. access to Chinese markets. The Wall Street Journal reported that the U.S. and China have "quietly started negotiating" and that U.S. Treasury Secretary Steven Mnuchin is considering a trip to Beijing for talks. The Dow Jones industrial average closed up 669 points, or nearly 2.8 percent, to 24,203. The S&P 500 index climbed 70 points, or 2.7 percent, and the Nasdaq gained 228 points, or 3.3 percent."
The New York Times：Trump's China Policy Has a Flaw: It Makes China the Winner
In an op-ed in The New York Times, Eduardo Porter comments: "Since the days of the Nixon administration nearly 50 years ago, American policy has aimed to steer China out of its isolation to prosper in the global market economy... As it grew rich, they reasoned, China could be integrated peacefully into the institutional framework built by the Western powers from the rubble of World War II. The proposition fit with the "liberal peace" view of foreign relations... American businesses that flocked to China to tap its cheap labor and huge consumer market after its entry into the World Trade Organization in 2001 enthusiastically agreed with the approach. That strategy, it appears, is over... China is now, in the president's words, an "economic enemy." Interestingly, not all scholars have opposed the change of tone. Many foreign policy experts agree that China is not playing by the rules... And yet Mr. Trump's hard-line approach to China seems destined to fail... The problem with the president's game plan is that it is inconsistent with all the other diplomatic initiatives he has taken so far."

Calendar

2018-03-26 The US and China are in talks to try to avoid a trade war
2018-03-25 US, China Quietly Seek Trade Solutions After Days of Loud Threats
2018-03-23 Responding to Trump, China Plans New Tariffs on U.S. Goods
2018-03-22 China: We will hit back if US announces new tariffs
2018-03-21 How a Trump trade war with China could whack the U.S.
2018-03-20 China’s Leaders Smooth Trade Tensions but Talk Tough on Taiwan
2018-03-19 Xi Taps Harvard-Educated Adviser to Tighten Grip on China’s Economy
2018-03-18 Forty-five US trade groups urge Trump to avoid tariffs against China
2018-03-16 Trump Readies Sweeping Tariffs and Investment Restrictions on China
2018-03-15 Boeing would be on the front lines of a trade war with China

News

Commentary

The New York Times Trump's China Policy Has a Flaw: It Makes China the Winner
Financial Times How China can avoid a trade war with the US
The Intelligencer Finally confronting China's economic aggression
Business Times With US trade war brewing, China perceptions changing
Bloomberg Trump and China Are in Trade Spat, Not Tariff War
The Hill With Trump's tariffs, China's cheating and stealing is over
The New York Times The Orphans of China's Economic Miracle