fredag 17. mai 2019

Trump's trade war shows how China has lost all its friends in Washington

Better relations with China used to be a bipartisan issue in Washington.
Beginning with Richard Nixon's history-making visit to Beijing in 1972, subsequent administrations -- both Democrat and Republican -- worked to improve relations with Beijing. Democrat Jimmy Carter formally recognized the People's Republic of China over Taiwan, Republican George H.W. Bush maintained dialogue with Chinese leaders in the years following the Tiananmen Massacre, and Democrat Bill Clinton supported China's membership in the World Trade Organization (WTO).

That sense of steadiness and dependability has begun to unravel during President Donald Trump's time in office. This week, he ramped up a crackdown on Chinese telecoms giant Huawei, amid a worsening trade war with Beijing that is causing economic hardship on both sides.