Is China Ready for the Trump Trade War 2.0?

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If China is able to seize the opportunity to revitalize its domestic economy and invigorate the multilateral system, Trump’s trade war 2.0 could end up a strategic gift to Beijing.

If China is able to seize the opportunity to revitalize its domestic economy and invigorate the multilateral system, Trump’s trade war 2.0 could end up a strategic gift to Beijing.Yan Liang, Ph.D.is the Kremer Chair Professor of Economics at Willamette University as well as a research associate at the Levy Economics Institute.

While many observers believe that China today is in a weaker position to weather a U.S.trade war than six years ago when the economy was growing at 6.7 percent rather than around 5 percent, China in fact has fortified its economy to cope with a more hostile international environment in the past few years.

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Article Details

Author / Journalist: Yan Liang

Category: Economy

Markets: United StatesChinaIndiaIndonesiaJapanNorth KoreaSouth KoreaKyrgyzstanMexicoMyanmarThailandVietnam

Topics: Trade Trump’s China’s Imports Economy First Trump Tariff China Percent Chinese

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 23:23:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 3016 words

Reading Time: 17 minutes read

Sentences: 126 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23828533

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