The relationship between the United States and China has been strained for two years, with both countries acknowledging the need to manage their differences responsibly despite their incompatible core value systems. Countries in East and South-East Asia seek an American counterbalance to their economic ties with China, but hopes of serious American engagement have been dashed. China and the US are promoting different trade visions, with the US retaining the economic advantage in their rivalry. The trade between the US and China has grown significantly, benefiting the US with lower consumer prices but also coming with costs.
U.S. trade with China has grown enormously in recent decades and is crucial for both countries. This trade has helped the United States in the form of lower prices for consumers but it has also come with costs. Get the background: https://t.co/iBurl3vtfp
The US retains the economic advantage in its rivalry with China https://t.co/8YKMfIOMGx
The US retains the economic advantage in its rivalry with China https://t.co/z0sFDN2VVS
China and the US are simultaneously pitching two very different trade visions: - China: "Connecting the world for a shared future" - US: "Strengthen supply chains critical to America’s economic and national security" https://t.co/YjllfntSsf One is outward facing, open and…
For two years relations between America and China were dangerously dysfunctional. But it seems both countries now accept that they are doomed to manage differences responsibly—even if their leaders believe their core value systems are incompatible https://t.co/EiD8n25Qwr 👇
Countries in East and South-East Asia thrive on their economic ties with China, but want an American counterbalance. Yet hopes of serious American engagement have now been dashed https://t.co/z4MO0iJxeO 👇
For two years relations between America and China were dangerously dysfunctional. But it seems both countries now accept that they are doomed to manage differences responsibly—even if their leaders believe their core value systems are incompatible https://t.co/3G5Wqbx2Zd 👇