Economics & Global Affairs

339 Items

Donald Trump throws a hat into the audience

AP/Andrew Harnik, File

Magazine Article - China.org.cn

China, US Not in 'Cold War', but Cooperative Rivalry

    Authors:
  • Li Huiru
  • Li Xiaohua
| Jan. 11, 2019

Despite the opposition that appears now in China-U.S. relations, cooperation is far more important, underscored prominent U.S. political scientist Dr. Joseph S. Nye during an exclusive interview with Wang Xiaohui, editor-in-chief of China.org.cn, on Jan. 10, 2019.

Photo of Xi Jinping after his speech in Davos, Switzerland in 2017.

. (AP Photo/Michel Euler, File)

Analysis & Opinions - The National Interest

Xi Jinping Will Give Donald Trump a Victory on Trade

| Jan. 11, 2019

With the conclusion of the first round of negotiations yesterday in Beijing, the way ahead for the United States and China to avoid a full-scale tariff war has become clear. With fifty days remaining before the March 1 end of the truce Trump and Xi announced to prevent U.S. tariffs increasing from 10 to 25 percent on $200 billion of Chinese imports, negotiations are likely to continue until the deadline. But before March 1, Trump will declare “victory” in this phase of the trade war—extending the truce for another six months in which a second phase of negotiations will address even more contentious issues.

A worker holds a sign promoting a sale for Huawei 5G internet services at a mobile phones retail shop in Shenzhen in south China's Guangdong province, Tuesday, Dec. 18, 2018. The chairman of Huawei challenged the United States and other governments to provide evidence for claims the Chinese tech giant is a security risk as the company launched a public relations effort Tuesday to defuse fears that threaten its role in next-generation communications.

(AP Photo/Andy Wong)

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

The Future Financial War with China

| Jan. 02, 2019

The detention of Huawei Chief Financial Officer Meng Wangzhou last month has electrified Sino-American tensions, making 2019 a portentous year for debt markets. Her employer, Huawei, has been the target of China hawks’ ire dating back to the early 2010s, amid scandals tied to sanctions evasion in Iran and possible concerns about espionage. Yet in the buzz about its ties to the People’s Liberation Army, the company’s deep and extensive dollar exposures have received little coverage.

 

 

 

Chinese President Xi Jinping meets with Serbian Prime Minister Aleksandar Vucic in Belgrade, Serbia, June 18, 2016

Ma Zhancheng / Xinhua

Analysis & Opinions - The Diplomat

Serbia: China’s Open Door to the Balkans

| Jan. 01, 2019

In the Balkans, just outside the EU, China is enjoying a different experience. A non-EU member, Serbia claims to have become one of China’s best friends in Europe. Beijing has engaged in a number of massive projects in the Balkans, although the most high-profile one, the Belgrade-Budapest high-speed railway, has failed to materialize so far.

Huawei Connect Europe Conference 2017

Huawei Technologies Co

Analysis & Opinions - The National Interest

Huawei and Europe’s 5G Conundrum

| Dec. 27, 2018

The recent controversy in the United States, Japan and Australia over the Chinese technology giant, Huawei, is also beginning to reverberate across Europe . Several European countries—including the United Kingdom, France, Germany and the Czech Republic —have all recently taken steps to scrutinize Huawei as they are preparing to hold auctions for awarding contracts to build out their respective 5G networks next year. Such steps are welcomed by Washington, which is actively pushing its allies and partners around the world to be more vigilant about Chinese 5G due to national security concerns.

Photo of a man arranging magazines near newspapers with the headlines of China outcry against U.S. on the detention of Huawei's chief financial officer, Meng Wanzhou, at a news stand in Beijing, Monday, Dec. 10, 2018

(AP Photo/Andy Wong)

Analysis & Opinions - Axios

Huawei Arrest Marks Escalation in the U.S.–China Fight over 5G

| Dec. 21, 2018

The U.S.-directed arrest of Huawei CFO Meng Wanzhou in Canada sounds an alarm for the increasingly contentious dynamic between China and the U.S.

Why it matters: When it comes to 5G, Huawei is the fastest horse in a thinning race, with potential to gain a monopoly in the next decade. But the U.S. has now launched a global campaign against the company without a serious domestic alternative for 5G infrastructure.

 

Photo of people crossing bridge in Shanghai that shows stock prices.

(AP Photo/Paul Traynor)

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

From Silicon Valley to Shenzhen: Dollar Exposures in Chinese Fintech

| Dec. 17, 2018

In the post-9/11 era, Washington has waged innovative campaigns against terrorism finance, sanctions evasion, and money laundering. Leveraging America’s heavyweight status in the international financial system, the United States Treasury has isolated and bankrupted rogue regimes, global terrorists, and their enablers. As financial technology transforms global business, the traditional financial system faces new competition across a suite of offerings, ranging from brokerage services to peer to peer lending. In no area is this clearer than in mobile payments, where a global hegemon lies ready to exercise its weight, and it is not the United States. 

The Chinese flag displayed at the Russian booth of import fair.

(AP Photo/Ng Han Guan)

Analysis & Opinions - The National Interest

China and Russia: A Strategic Alliance in the Making

| Dec. 14, 2018

THE YEAR before he died in 2017, one of America’s leading twentieth-century strategic thinkers, Zbigniew Brzezinski, sounded an alarm. In analyzing threats to American security, “the most dangerous scenario,” he warned, would be “a grand coalition of China and Russia…united not by ideology but by complementary grievances.” This coalition “would be reminiscent in scale and scope of the challenge once posed by the Sino-Soviet bloc, though this time China would likely be the leader and Russia the follower.”

President Donald Trump with China's President Xi Jinping during their bilateral meeting at the G20 Summit in Buenos Aires, Argentina on December 1, 2018.

AP Photo/Pablo Martinez Monsivais

Analysis & Opinions - Financial Times

Washington May Bluster But Cannot Stifle the Chinese Economy

| Dec. 03, 2018

Presidents Xi Jinping and Donald Trump reached an agreement at the G20 meeting in Argentina at the weekend on a framework for trade dialogue that will delay the previously announced imposition of new American tariffs on January 1. While surely better than the alternative, this step does not address any of the fundamental tensions in the economic relationship between US and China.

One Fewer Reason to Be Nervous About the G-20 This Weekend

Gage Skidmore/Flickr

Analysis & Opinions - Bloomberg Opinion

One Fewer Reason to Be Nervous About the G-20 This Weekend

| Nov. 29, 2018

If asked what will be the most consequential meeting this weekend in Argentina at the G-20, you might have a hard time making up your mind. You’d have good reason to choose a) the Trump-Xi bilateral. But b), the gathering to sign the new Nafta deal, could also go awry. If you are like me, you are relieved that c), the Trump-Putin meeting, is now off the table.