Showing posts with label U.S.; China; Trade. Show all posts
Showing posts with label U.S.; China; Trade. Show all posts

Sunday, April 09, 2017

America Owes China US$1trn. That’s A Problem For Beijing, And Trump Knows It

Speak softly and … Illustration: David Simonds/Observer. Image source: The Guardian UK
The leaders shared steak in Florida, but the stakes in trade talks are much higher for China, which would struggle to find a better export market
Forget the warm handshake. Take with a pinch of salt Donald Trump’s talk of his “very, very, great relationship” with Xi Jinping. The idea that Washington has ceased to harbour deep suspicions of Beijing just because the presidents of the world’s two biggest economies shared pleasantries over steak in Florida is fanciful.