US President Donald Trump delivers a speech at the Great Hall of the People in Beijing last November. Trump’s “shock and awe” of US trade tariffs has produced little progress in the last few rounds of negotiations with China, nor have tariffs reduced the bilateral trade deficit for the US. Photo: Reuters US President Donald Trump delivers a speech at the Great Hall of the People in Beijing last November. Trump’s “shock and awe” of US trade tariffs has produced little progress in the last few rounds of negotiations with China, nor have tariffs reduced the bilateral trade deficit for the US. Photo: Reuters
US President Donald Trump delivers a speech at the Great Hall of the People in Beijing last November. Trump’s “shock and awe” of US trade tariffs has produced little progress in the last few rounds of negotiations with China, nor have tariffs reduced the bilateral trade deficit for the US. Photo: Reuters
Earl Carr
Opinion

Opinion

Macroscope by Earl Carr and Li Qingsi

Costs of a US-China break-up are too high for either to bear

Earl Carr and Li Qingsi say constructive engagement between the two nations goes back decades, and any damage to bilateral ties will hurt the global economy. Fundamental differences aside, the two must try to find common ground on core strategic interests

Earl Carr  and Li Qingsi

Updated: 10:36pm, 18 Oct, 2018

Why you can trust SCMP
US President Donald Trump delivers a speech at the Great Hall of the People in Beijing last November. Trump’s “shock and awe” of US trade tariffs has produced little progress in the last few rounds of negotiations with China, nor have tariffs reduced the bilateral trade deficit for the US. Photo: Reuters US President Donald Trump delivers a speech at the Great Hall of the People in Beijing last November. Trump’s “shock and awe” of US trade tariffs has produced little progress in the last few rounds of negotiations with China, nor have tariffs reduced the bilateral trade deficit for the US. Photo: Reuters
US President Donald Trump delivers a speech at the Great Hall of the People in Beijing last November. Trump’s “shock and awe” of US trade tariffs has produced little progress in the last few rounds of negotiations with China, nor have tariffs reduced the bilateral trade deficit for the US. Photo: Reuters
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Earl Carr

Earl Carr

Earl Carr is a managing director at Momentum Advisors, a New York based SEC registered International wealth management firm

Li Qingsi

Li Qingsi

Dr Li Qingsi is a professor, and director of the Centre for American Studies, at Renmin University in Beijing.