- China’s ruling Communist Party’s tightened control over think tanks and a crackdown on extravagance could be having an impact on how the leadership handles foreign affairs – and weakening Beijing’s understanding of US politics under President Donald Trump.
This is an extremely interesting article about the view of Trump from the Chinese Perspective…….
I have just spent a week in Beijing talking to officials and intellectuals, many of whom are awed by his skill as a strategist and tactician…He [Yafei] worries that strategic competition has become the new normal and says that “trade wars are just the tip of the iceberg”. …In Chinese eyes, Mr Trump’s response is a form of “creative destruction”.
Begun, the trade war has. The Trump administration’s 25 percent tariffs on $34 billion worth of Chinese goods—hitting everything from industrial machinery to consumer goods such as televisions—went into effect Friday morning, prompting threats of an immediate response from the Chinese government, which also promised to haul the United States in front of the World Trade Organization. “In order to defend the core interests of the country and the interests of the people, we are forced to retaliate,” the Chinese Commerce Ministry said in a statement shortly after the tariffs took effect.
A new Cato analysis tracks the failure of economic protectionism through American trade policy history. Scott Lincicome writes: American economic nationalism has risen in recent years, both fueling and fueled by President Donald Trump’s election.
One of the more under-reported stories – at least among the Western press – are the growing tension between China and India. As reported over the weekend , in the latest escalation, Indian and Chinese soldiers, in addition to the ongoing tense military standoff over a contested road in Doklam, were involved in an altercation in the western Himalayas on Tuesday, further raising tensions between the two countries which are already locked in a two-month standoff in another part of the disputed border.
As if there weren’t enough geopolitical stress points in the world to fill a lifetime of “sleepy, vacationy” Augusts, late on Friday night President Trump spoke to Chinese President Xi Jinping and told him that he’s preparing to order an investigation into Chinese trade practices next week, according to NBC .
While the Pentagon may be already contemplating its next steps in the escalating conflict with Russia, which as the WSJ reported will likely involve supplying Ukraine with antitank missiles and other weaponry – a red line for the Kremlin not even the Obama administration dared to cross – there is minor matter of what to do with a suddenly furious Europe, which as we discussed previously, has vowed it would retaliate promptly after Trump signed the anti-Russia legislation into law, due to allegations it was just a veiled attempt at favoritism for US-based energy companies.