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Beyond the China-US trade war: what next for the world's two giants?

2019-05-13 09:32:35       source:South China Morning Post

May 12, 2019

There is little cause for optimism in the future relations of the world’s two largest economies: the US and China.

About a year and a half ago, US President Donald Trump labelled China a “strategic competitor” while more recently, Kiron Skinner, the director of policy planning at the US State Department, talked of preparing for “a fight with a really different civilisation”.

The wide differences and deep distrust between the two powers has been highlighted again with the latest abrupt turn in the bilateral trade negotiations. With or without a trade deal, the turbulence in economic ties, widely viewed as the ballast of China-US relations, heralds more choppy waters ahead.

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