South China Morning Post (May 15)
“For years, global businesses have been struggling to navigate rising trade tensions between the United States and China. Now, they are bracing for a daunting new level of complication: an intensifying legal arms race between the two powers” who are “racing to erect rival – and often conflicting – legal and regulatory regimes” and “gain strategic leverage in their ongoing stand-off over a host of trade, technology and security issues.”
Tags: China, Global businesses, Intensifying, Legal arms race, Navigate, Regulatory regimes, Rival, Stand-off, Strategic leverage, Struggling, Technology, Trade tensions, U.S.
New York Times (May 15)
The summit displays “the new equilibrium between the two adversaries. Mr. Xi arrived highly scripted, leaving no doubt that for all of China’s problems — deflation, depopulation, the bursting of the real estate bubble — the moment when China acts as a peer superpower had arrived.”
Tags: Adversaries, China, Deflation, Depopulation, Doubt, New equilibrium, Problems, Real estate bubble, Scripted, Summit, Superpower, Xi
