Trump 2.0 promotes China's growth - how long does the lucky phase last?
Trump 2.0 promotes China's growth - how long does the lucky phase last?
The second term of Donald Trump begins promising for China. So far, the new President of the United States has been to improve high tariffs to China . Instead, on a Wirtschaftsforum in Davos emphasized that the two countries could take care of a "very good relationship". In addition, he is said to have expressed Interest in the Chinese capital in the coming months.
positive signal for Beijing
Trump even granted a 75-do-time period For the Chinese app Tikok and indicated that he was one Law regulation would like to soften that forces the company to sell or be banned its American business. All of this indicates that the re -elected president is willing to negotiate with China and possibly complete deals. At least for the time being.
A new climate for US China relationships
This development comes located, since the Chinese government had prepared for a turbulent phase in the US Chinese relationships after Trump had occupied his cabinet with China extremists and conducted an election campaign that promised high tariffs for all Chinese imports to the USA. "China recognizes the opportunity to negotiate with Trump," said political scientist Liu Dongshu from the City University of Hong Kong. "And a better US chinese relationship is China more important than the USA ... So China is eager to get involved."
The risks for Beijing
The missions are high for Beijing, because a customs war, as it took during Trump's last term, could hit China's export -dependent economy hard at an unfavorable time. The Chinese managers strive to take the chance of alleviating Trump’s hard attitude.
xi jinping called in a calls with Trump a "new starting point" for the US-Chinese relationships and sent Vice President Han Zheng to Washington, Participation to participate - an important sign of closeness.
China's appeal on balanced trade
At the World Economic Forum in Davos, Vice Prime Minister Ding Xuexiang emphasized that China wants to promote a "balanced trade" and not strives for a "excess" - a topic that addresses Trump's main criticism of the trade relationship between the two greatest economies. At the same time, the Chinese are aware that the climate of the US Chinese relationship can change quickly and will carefully consider how to use the current scope to negotiate with the "art of the deal" president in the coming months.