fredag 17. mai 2019

To end the trade war and meet its centenary goals, China must embrace soft power and become more likeable

The breakdown in US-China trade talks was a surprise. At the 11th hour, China seemed to decide to remove commitments for laws to codify promised concessions. Upping the ante, US President Donald Trump ordered tariff hikes on all remaining Chinese exports.

While most concessions represent the structural reforms China needs, contrary opinions prevail that they should be implemented in a way the nation can live with.mCaving in with a loaded gun overhead is reminiscent of past national humiliations. The anti-imperialist May Fourth Movement spirit remains alive. It is also felt that China has given in too much while America has conceded too little.