The 12,000 Chinese immigrants who worked on the Central Pacific Railroad between 1865 and 1869 were inducted into the US Department of Labor’s Hall of Honor during a ceremony attended by their descendants in Washington on May 9, 2014. The US signed an equal treaty with China in 1868, but it was replaced with the infamous Chinese Exclusion Act in 1882. Photo: Xinhua
William Mundell
Opinion

Opinion

William Mundell

A trade deal won’t solve anything if Americans don’t understand China. This was true in 1868, and it’s still true today

  • US envoy Anson Burlingame brought a dramatic shift in US-China relations in the 19th century, but it was reversed within years. In 2019, even if Donald Trump gets his deal with China, the benefits might prove equally ephemeral

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The 12,000 Chinese immigrants who worked on the Central Pacific Railroad between 1865 and 1869 were inducted into the US Department of Labor’s Hall of Honor during a ceremony attended by their descendants in Washington on May 9, 2014. The US signed an equal treaty with China in 1868, but it was replaced with the infamous Chinese Exclusion Act in 1882. Photo: Xinhua
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A man walks through the Lujiazui financial district in Pudong, Shanghai. China's GDP growth slowed from 9.5 per cent in 2011 to 6.6 per cent in 2018. The slowdown can be blamed on a variety of factors, but the first and probably most important is that China is getting older. Photo: Reuters
Yi Fuxian
Opinion

Opinion

Yi Fuxian

Why ageing China won’t overtake the US economy as the world’s biggest – now or in the future

  • Growth trajectories must take into account that China is ageing faster than the US. The experiences of Japan, Taiwan and South Korea bear out the correlation between growth and demographics, and economists optimistic about China’s growth prospects should take note

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A man walks through the Lujiazui financial district in Pudong, Shanghai. China's GDP growth slowed from 9.5 per cent in 2011 to 6.6 per cent in 2018. The slowdown can be blamed on a variety of factors, but the first and probably most important is that China is getting older. Photo: Reuters
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