The next US-China battleground

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Why the US-China rivalry will not end with a trade deal

Some analysts think a stand-off between the two sides was inevitable.

Their different systems have always made them awkward bedfellows in the global economy, while clashes between existing and rising powers are common in history. "What we are dealing with here is friction between traditional free market economics, free trade economics, Washington consensus principles versus - for the first time - a huge, technologically sophisticated, centrally-managed economy that is playing the game by a different set of rules," says Mr Olson.As the technology race gathers pace, analysts expect the US to continue to use non-tariff measures to push back against China.

Restrictions on Chinese investment into the US, limits on the ability of US firms to export technology to China, and further pressure on Chinese companies are all tools that could be used, they say. "Non-tariff measures don't get the attention from markets that tariffs do, partly because their impact is harder to quantify, but they can have far-reaching impact," says Mr Hirson.

Source: Tech Daily Report (techdailyreport.net)

 

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Because both countries are ruled by two clowns more dangerous and crazy than the one of 'It'

All nations should cease trading with the US until their president accepts that global warming is a fact and they need to put their vast resources towards tackling it

Well... Who thought it would... Dumb article

Can BBC pause its Trump Derangement Syndrome & apologise for continuing its false accusations that Buddhists and Tamils had probably carried out the Islamic terrorist mass murders in Sri Lanka when you knew perfectly well who it was + Notre Dame forgotten, Paris riots unreported

US-China rivalry to be settled once and for all with a arm wrestle, Trump worried his hand are too small for this outcome

It will end when rumpy dump is out of office but with the largest trade deficit in history unfortunately

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