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Trump and Xi will struggle to strike a major economic deal

Long-suffering observers of Chinese-American relations have a plea: banish the term „grand bargain”. For a time, doe-eyed optimists and investors thought Donald Trump and Xi Jinping might overcome their countries’ rivalry to strike a major, even epochal, deal. They imagined a package involving some mix of balanced trade, real openings in the Chinese market and American military retrenchment in East Asia. When the two leaders meet in Beijing on May 14th and 15th, they will accomplish far less. All going well, they will prolong their countries’ tetchy trade truce—and that is about it.

Lees het volledige artikel bij NRC

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TagsThe Economist April Jamieson Greer Michael Hart East Asia Sarah Beran November October

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