Demonstrators with Chinese and United States flags gather at sunset in Washington, DC on 24 September 2015 during a state visit by Chinese President Xi Jinping. Photo: EPA

Macroscope by Anthony Rowley

There is a ceasefire in the US-China trade war. So who waved the white flag first?

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China may scale back the rhetoric of its global ambitions, recognising that discretion may be the better part of valour in a long-term game

Likewise, Trump may be less confrontational, now that the soft underbelly of the US economy has been exposed

Anthony Rowley

+ myNEWS

Published: 11:00am, 16 Dec, 2018

Updated: 7:50pm, 16 Dec, 2018

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Demonstrators with Chinese and United States flags gather at sunset in Washington, DC on 24 September 2015 during a state visit by Chinese President Xi Jinping. Photo: EPA

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There is a ceasefire in the US-China trade war. So who waved the white flag first?

China may scale back the rhetoric of its global ambitions, recognising that discretion may be the better part of valour in a long-term game Likewise, Trump may be less confrontational, now that the soft underbelly of the US economy has been exposed

China may scale back the rhetoric of its global ambitions, recognising that discretion may be the better part of valour in a long-term game

Likewise, Trump may be less confrontational, now that the soft underbelly of the US economy has been exposed