Where does deepening economic conflict between the US and China leave the rest of the world, especially historic allies of the US? In normal circumstances, the latter would stand beside it. The EU, after all, shares many of its concerns about Chinese behaviour. Yet these are not normal circumstances. Under Donald Trump, the US has become a rogue superpower, hostile, among many other things, to the fundamental norms of a trading system based on multilateral agreement and binding rules. Indeed, US allies, too, are a target of the wave of bilateral bullying. So what are American allies to do as the US and China battle? This is not just about  Trump. His focus on bilateral trade balances may even be relatively manageable. Worse, a large proportion of Americans shares a deepening hostility not just to China’s behaviour, but to the fact of a rising China. Podcast |Business Day Spotlight - Huawei vows it will not crack under pressure Subscribe: iono.fm | Spotify | Apple Podcasts | Pocket C...

BL Premium

This article is reserved for our subscribers.


Already subscribed? Simply sign in below.
