Bloomberg (October 30)
“The one-year truce struck on Thursday in South Korea is likely to only stabilize relations between the world’s two largest economies rather than resolve fundamental differences, with both sides buying time to further reduce dependence on each other in strategic areas. And it made clear just how much stronger China has become since Trump’s first term in office.”
Tags: Buying time, China, Dependence, First term, Fundamental differences, Resolve, South Korea, Stabilize, Strategic areas, Stronger, Truce, Trump
The Economist (May 3)
“Relations between America and China are at a low ebb. Tariffs of well over 100% on both sides have severed trade. Each is striving to dominate 21st-century technologies such as artificial intelligence (AI). A massive military build-up is under way. In the previous cold war such rivalries came to a head over flashpoints like the Berlin airlift and the Cuban missile crisis. Today American resolve is likely to be tested over Taiwan—and sooner than many think.”
Tags: AI, Berlin airlift, China, Cold war, Cuban missile crisis, Dominate, Flashpoints, Low ebb, Military build-up, Relations, Resolve, Rivalries, Severed trade, Tariffs, Technologies, Tested, U.S.
New York Times (June 22)
“With billions of dollars in trade at stake, China and the European Union have agreed to engage in talks to try to resolve an escalating dispute over tariffs.” To block the threatened tariffs on electric vehicles, “Beijing would need to persuade a majority of European Union countries, representing at least 65 percent of the bloc’s population, to overrule the European Commission” and it is expected to strategically target Germany, France, Italy and other key countries.
Tags: China, Dispute, Escalating, EU, EVs, France, Germany, Overrule, Resolve, Target, Tariffs, Trade
Wall Street Journal (April 23)
“As U.S.-China tensions increase, the chance of a miscalculation grows,” especially in the South China Sea. “China’s recent behavior has badly damaged its claims to be a global stakeholder that plays by the rules. The U.S. is right to make clear that it remains a Pacific power and that the coronavirus hasn’t lessened its resolve.”
Tags: Behavior, China, Claims, Coronavirus, Miscalculation, Pacific, Resolve, Rules, South China Sea, Tensions, U.S.
Bloomberg (November 12)
“The U.S. and China are on the brink of a new Cold War, with experts such as former U.S. Treasury Secretary Hank Paulson warning of a new “Economic Iron Curtain” between the world’s two largest economies if they cannot resolve their strategic differences.”
Tags: China, Cold war, Differences, Economic Iron Curtain, Economies, Paulson, Resolve, Strategic, U.S.
Forbes (June 24)
“While Trump and some in the White House argue that China has much more to lose in a trade war than does the United States, they may be underestimating Xi’s resolve to appear unwavering in the face of attacks from China’s main economic rival, the United States.”
Tags: China, Lose, Resolve, Rival, Trade war, Trump, U.S., Underestimating, Unwavering, White House, Xi
New York Times (November 15)
“The coldblooded depravity with which the terrorists gunned down people seated at restaurant tables and picked off hostages in the Bataclan concert hall where more than 80 were killed was horrifying. But Parisians have remained defiant and united…. This attack will harden the resolve of the French against the savagery of the Islamic State, as it must the world’s.”
Tags: Bataclan, Coldblooded, Defiant, Depravity, France, Hostages, Islamic State, Parisians, Resolve, Savagery, Terrorism, Terrorists, United
Wall Street Journal (July 21)
“Since taking office in December, Mr. Abe has shown a nearly unprecedented level of resolve on all three fronts [fiscal, monetary, regulatory] compared to recent prime ministers.” In his quest to reignite Japan’s economy, “Mr. Abe still faces a long and difficult road to get from where Japan is now to where he wants it to be. He may yet fail, or only partially succeed, in some of his priorities. But outside observers should not discount the extent to which Mr. Abe is giving voters something tangible to support. Voters certainly didn’t discount that on Sunday when they gave their support to Mr. Abe’s party.”
Tags: Fiscal policy, Japan’s economy, Monetary policy, Prime minister, Regulatory policy, Resolve, Shinzo Abe, Support, Voters
