Trump can have his trade war, but China is poised to dominate the world
It has become obvious that US President Donald Trump is negotiating his way into a trade war with China (“Beijing strikes back! China puts tariffs on US$50 billion of US goods after Trump kicked off trade war”, June 15).
While the US can perhaps intimidate Mexico or other developing countries with such bullying tariffs, China is no longer a developing country and knows how to stand up for its rights.
China holds the capacity to become the future technological hub of the world – and US companies have to embrace this fact or lose to China’s biggest technology firms.
Its unfair to create hurdles on China’s road to prosperity when it is the dominant leader of Asia and the most respected nation in the region, whether that respect comes from North Korea or Indonesia.
Watch: What’s the beef with the ‘Made in China 2025’ strategy?
Thanks to Chinese investors, all of Asia – including Hong Kong – has prospered economically over the last decade. Asia is home to three-fifths of the world’s population. And I am certain that, in the coming decades, China and India will become the world’s most important nations to weigh in on global matters. This is based purely on population and the fact that there is no more colonisation. The world a hundred years from now is not going to look like what it did a hundred years ago.
Rishi Teckchandani, Mid Levels