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In the space of 24 hours this week, a pair of U.S. House committees held hearings exploring measures to counter Beijing’s aggressive use of economic power against the U.S. and its allies.
Political analysts say the appointment of a new Chinese foreign minister may reflect Beijing’s attempt to soften its foreign policy approach and warm up to Western diplomats — or fortify itself against U.S. rivalry.
The U.S. is offering tax credits of up to $7,500 to buyers of electric vehicles assembled in North America, making those manufactured overseas more expensive.
'Even career government officials who had served in previous administrations adopted a tougher tone this year, asserting that little progress could be expected in expanding bilateral economic ties unless Taiwan acts decisively to shave its trade deficit with the United States and tackle major outstanding trade issues.'
'US Administrations including this one have long said a North Korean ICBM is unacceptable, but unless the US is prepared to go to war, and risk millions of Korean and Japanese lives in the process, accept it Washington must.'
'With the clear aim of celebrating President Xi Jinping’s campaign to crack down on corrupt tigers and flies', the drama not only marked the end of a 13-year-long ban on the production and broadcast of corruption-themed TV shows, it was also granted unprecedented flexibility by the censors,' wrote Chinese independent filmmaker Audrey Jiajia Li.
As long as economic nationalists and establishment pragmatists in the White House wage pitched battles over the China policy and Beijing and Washington continue to see each other as potential adversaries, Trump’s prediction that the 'lots of very potentially bad problems will be going away' will turn out to be wildly optimistic.