Alicia Garcia Herrero Senior Fellow, Bruegel
Feb 21 , 2017
While the outcome is uncertain, it is clear that Trump’s attempt to shake up current bilateral relations between the two superpowers will be a key theme for 2017 globally. We expect that China will take a wait-and-see approach, especially in front of the 19th National Congress of the CPC later this year. However, as the U.S. shies away from multilateral or regional trade agreements, such as TPP, China will quickly fill the space.
Yin Chengde Research Fellow, China Foundation for International Studies
Feb 13 , 2017
The new president’s rhetoric on China doesn’t reflect the realities of the beneficial relationship that has been cultivated for more than 40 years. A Trump shift to a practical policy on China, so as to maintain a steady growth momentum of Sino-US relations, would not only be a blessing to China and United States, but also a blessing to the world.
Daniel Ikenson Director, Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies
Feb 03 , 2017
Like a slow motion train wreck, we can see what’s coming, but are powerless to stop it. No longer do facts matter. No longer is there appetite for cautious deliberation. No longer can we assume cooler heads will prevail. The guardrails and emergency brakes that prevented the relationship from running off the tracks in the past have fallen into disrepair. Where else to go, but into the abyss?
Jan 23 , 2017
The U.S.-China trade relationship actually supports roughly 2.6 million jobs in the United States across a range of industries, including jobs that Chinese companies have created in America. The following is a list of a benefits to the U.S. economy due to trade with China, and also a link to the full report.
Derek Scissors Resident Scholar, American Enterprise Institute
Jan 25 , 2017
The full American tax reform is an enormous topic, but its impact at home is what matters, not whether the trade deficit barrows. Similarly, Beijing will respond forcefully to anything like a 35% across-the-board tariff aimed only at China. But in the case of the current BAT, China is best served by focusing on fixing its own house.
Zhou Shijian Senior Fellow, Tsinghua Center for US-China Relations
Jan 23 , 2017
China has become a vital trading partner for the US over a long period, with bilateral commerce in 2015 reaching $598.1 billion, accounting for 16% of US foreign trade. The ensuing US trade deficit with China cannot be blamed on – or controlled by –currency exchange rates, and the new administration must think more broadly as it shapes its economic policy.
C.H.Tung Chairman, China-United States Exchange Foundation
Jan 13 , 2017
As Trump takes office, it is very important for economic and trade officials from both countries to sit down and talk through not only the difficulties and disputes, which they must, but also more importantly, how we can exploit a great future together.
Zheng Yu Professor, Chinese Academy of Social Sciences
Jan 12 , 2017
The Trump administration may exert unprecedented strategic pressures on China against the background of continuous implementation of the pivot to the Asia-Pacific. But that is unlikely to boost the US economy for many reasons, and the Republicans’ realist diplomatic philosophy and Trump’s businessman’s pragmatism make it possible for reversals in the next US government’s aggressive China policies.
He Weiwen Senior Fellow, Center for China and Globalization
Jan 10 , 2017
While addressing the existing problems in the manufacturing sector at home, the in-coming Trump Administration needs to enhance collaboration with China, for more Chinese investment in America in general, and in the manufacturing sector and massive infrastructure development in particular.
Vasilis Trigkas Onassis Visiting Scholar, Tsinghua University
Dec 14 , 2016
Strategic surprise and a cultivated image of irrationality is a classical strategy in a game of brinkmanship. One side highlights its willingness to “dance too close” to the cliff’s edge and maximize risk, leading its opposition into eventual retreat. Trumps’ discussion with Tsai Ing-wen must be seen through the prism or feigned irrationality. Trump, a studious businessman, may have considered the strategies of past presidents and found the “Madman” hypothesis compelling for his ultimate goal: to leverage Chinese adamancy over core national interests like the Taiwan issue into an agreement over trade and jobs – his existential political pledge.