Image courtesy of M Woods
This article was originally published by the Stimson Center on 31 October 2019.
Since the beginning of the tariff war in mid-2018, the escalation of the trade tensions has been widely expected to continue into the 2020 presidential election season. While President Trump’s team may still believe that a trade deal is well within reach in the near future, that perception is not at all shared by the Chinese government. The U.S. and China have entered a war of attrition. U.S. policy makers need to prepare for a long game regarding trade tensions and the eventual de-coupling of the two economies, regardless of whether that was the original intention.
Image courtesy of Kyle Glenn/Unsplash
This article was originally published by Eurasianet on 2 October 2019.
China’s Belt and Road Initiative seems to benefit only Central Asia’s richer countries.
Cynics often ask if China’s flagship Belt and Road Initiative (BRI) has increased trade between China and its neighbors, or if it threatens to trap participants in debt. There are myriad reasons why countries sign on to the BRI. Some seek to plug gaps in domestic infrastructure, some to improve global trade ties, and some because China, with its population of 1.4 billion, is an attractive market for their goods.
This graphic shows Russia and China’s trade relations with one another and the rest of the world. For an insight into the potential of Moscow and Beijing’s partnership, read Jeronim Perović and Benno Zogg’s recent #CSSAnalyses in Security Policy here.
Image courtesy of chuttersnap/Unsplash.com
This speech was originally published by the Lowy Institute on 18 September 2019.
On 17 September 2019, the Lowy Institute hosted Ambassador Alan Wm Wolff, Deputy Director-General of the World Trade Organization, for a discussion of the risks and opportunities facing world trade at this decisive moment.
Mr Wolff became WTO Deputy Director-General in October 2017, after a long career in international trade, including as chief trade lawyer of the US executive branch, Chairman of the National Foreign Trade Council, as a senior US trade negotiator, and private law practitioner. He has served and advised both Republican and Democratic administrations.
This week’s graphic highlights the energy and transport infrastructure that passes through Kazakhstan. For an insight into Kazakhstan’s role as a linchpin for trade, transport and more regarding China’s Belt and Road Initiative (BRI), see Benno Zogg’s recent CSS Analyses in Security Policy here.